Property Details

Listing # 922372 Details

$3,998,000
108 Casa Place
Panama City Beach, FL 32413

Property Inquiry

Contact Hilary & Jacob about this property!

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Sq Ft. N/A
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Property Details

Rare multi-family opportunity situated in the heart of Laguna Beach steps from the sugar white sands of the emerald coast. 100% leased, the Sandman Community showcases 21 units: 16 - 2 Bedroom Apartments | 3 - 1 Bedroom Apartments | 1 - 2 Bedroom Residence | 1 - 1 Bedroom Studio. Additional structures included are a community pool, pavilion, laundry facility and overflow parking. Many of the units have recently been remodeled to bring a modern touch to this classic development. Offering over $428K in annually income, Sandman is a sound investment boasting instant cash flow with long term re-development prospects. Opportunities of this nature are rare along the Gulf of Mexico. Do not miss the chance to add this Panama City Beach multi-family complex to your investment portfolio.

COUNTY Bay
SUBDIVISION N/A
PARCEL ID 37439-000-000
TYPE Commercial Sales
STYLE N/A
ACREAGE 0
LOT ACCESS N/A
LOT SIZE N/A
HOA INCLUDE N/A
HOA FEE N/A
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PROJECT FACILITIES N/A
ZONING N/A
PARKING FEATURES N/A
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ENERGY N/A
INTERIOR N/A
EXTERIOR N/A
ROOM DIMENSIONS N/A

Schools

Elementry, N/A
Middle, N/A
High, N/A

Location & Map

Heading east on HWY 98 from the Walton / Bay County Line. Turn south on Casa Place. Sandman Apartments are located on the east side of the street near the beach.