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$6,750,000
3510 St John Street
Panama City, FL 32401
MLS# 972562

3510 St John Street, Panama City, FL 32401
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3510 St John Street, Panama City, FL 32401 3510 St John Street, Panama City, FL 32401 3510 St John Street, Panama City, FL 32401 3510 St John Street, Panama City, FL 32401 3510 St John Street, Panama City, FL 32401 3510 St John Street, Panama City, FL 32401 3510 St John Street, Panama City, FL 32401 3510 St John Street, Panama City, FL 32401 3510 St John Street, Panama City, FL 32401 3510 St John Street, Panama City, FL 32401 3510 St John Street, Panama City, FL 32401 3510 St John Street, Panama City, FL 32401 3510 St John Street, Panama City, FL 32401 3510 St John Street, Panama City, FL 32401 3510 St John Street, Panama City, FL 32401 3510 St John Street, Panama City, FL 32401 3510 St John Street, Panama City, FL 32401 3510 St John Street, Panama City, FL 32401 3510 St John Street, Panama City, FL 32401 3510 St John Street, Panama City, FL 32401 3510 St John Street, Panama City, FL 32401 3510 St John Street, Panama City, FL 32401 3510 St John Street, Panama City, FL 32401 3510 St John Street, Panama City, FL 32401 3510 St John Street, Panama City, FL 32401 3510 St John Street, Panama City, FL 32401 3510 St John Street, Panama City, FL 32401 3510 St John Street, Panama City, FL 32401 3510 St John Street, Panama City, FL 32401 3510 St John Street, Panama City, FL 32401 3510 St John Street, Panama City, FL 32401 3510 St John Street, Panama City, FL 32401 3510 St John Street, Panama City, FL 32401 3510 St John Street, Panama City, FL 32401 3510 St John Street, Panama City, FL 32401 3510 St John Street, Panama City, FL 32401 3510 St John Street, Panama City, FL 32401 3510 St John Street, Panama City, FL 32401 3510 St John Street, Panama City, FL 32401

Property Description
Welcome to an exceptional investment opportunity in the thriving multifamily sector—a 50-unit garden-style apartment community now available for sale. This meticulously maintained property is perfectly poised for the discerning investor seeking both stability and growth potential. Comprised of a diverse mix of units, the community offers 8 one-bedroom, 20 two-bedroom, 12 three-bedroom, and 10 four-bedroom apartments, catering to a wide range of tenants. With 42 of the units elegantly renovated since 2020, residents enjoy modern amenities and finishes, including composite flooring, fresh interior paint, and updated windows. Significant capital improvements have been made to ensure long-term durability and reduced maintenance costs, such as all-new metal roofs and substantial replacements

Details
None
Current Price: $6,750,000
Status Change Info
Status: Active
Contract Info
GCCMLS Number: 42096366
List Date: 2025-03-30
List Price: $6,750,000
Listing Board: Emerald Coast
Location Tax and Legal
Area: 27 - Bay County
Street #: 3510
Street Name: St John
Street Suffix: Street
State: FL
Zip Code: 32401
County: Bay
Parcel ID: 23388-000-000
General Property Info
Listed on GCCMLS: Yes
Vacant: No
Acreage: 2.8
Multi-Family
# of Units: 50
Property Features
Class: Multi-Family
Supplements
of HVAC systems and hot water heaters. The property also boasts new breaker panels and exterior electric panels, further enhancing its modern appeal and efficiency. Achieving a remarkable 95% occupancy rate, this community is a proven performer in the rental market. Additionally, a $4.57 million fixed-rate, 3.75% assumable non-recourse financing offers a competitive edge, making this an even more attractive investment. Don't miss the chance to acquire a multifamily asset with significant improvements, strong occupancy, and favorable financingan ideal addition to any real estate portfolio.

Listing Office: Luxe Coastal Realty

Last Updated: April - 23 - 2025

All information is believed to be accurate but is not guaranteed. Protected by Copyright© 2020 and is owned either by the Emerald Coast Association of REALTORS®, Inc or by the developers of the software, FBS, Inc. All rights reserved.

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All information is believed to be accurate but is not guaranteed. Protected by Copyright© 2020 and is owned either by the Emerald Coast Association of REALTORS®, Inc or by the developers of the software, FBS, Inc. All rights reserved.