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MLS #R11145663 image #0
644 W Caladium Circle presents a rare, high-performing investment opportunity in a premier beachside location. This fully refreshed 26-unit complex features 22 studios, two 1BR/1BA units, and two 2BR/1BA units—each updated with new paint, composite flooring, modern fixtures, refreshed bathrooms, and upgraded appliances. A consistently strong occupancy rate ensures immediate Day-One cash flow, further enhanced by an income-producing onsite laundry facility that adds to overall revenue. Ideally positioned directly across from the Gulf with beach views and easy walkability to dining, shopping, Pier Park, Topgolf, and easy access to Dolly Parton’s Pirates Voyage Dinner & Show, this property offers exceptional potential for both long-term and short-term rental strategies. With recent pricing adjustments, this coastal asset now delivers even greater value in one of PCB’s most in-demand corridors.
Current real estate data for Commercial in Panama City as of Nov 05, 2026
2
Commercial Listed
335
Avg DOM
$4,823,875
Avg List Price
Listing Provided Courtesy of Luxe Coastal Realty Group LLC at 848-220-5555

Property Details

Price:
$3,404,000
MLS #:
R11145663
Status:
Pending
Beds:
0
Baths:
26
Type:
Commercial
Subtype:
Multi Family
Subdivision:
Panama City
Neighborhood:
5940otherfloridacounty
Listed Date:
Dec 5, 2025
Lot Size:
493,343,136 sqft / 0.26 acres (approx)
Year Built:
1982
5940 – Other Florida County5940otherfloridacountyPanama City

Schools

Interior

Cooling
Ceiling Fan(s), Ductless, Wall/Window Unit(s)
Flooring
Wood, Other
Heating
Electric

Exterior

Building Features
Free Standing
Construction Materials
Stucco
Roof
Other
Security Features
Fire Sprinkler System, Smoke Detector(s)
Stories
2

Financial

Tax Year
2024
Taxes
$14,003

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Property Summary

    644 Caladium Circle Panama City FL is a Commercial for sale in Panama City, FL, 32401. It is listed for $3,404,000 To schedule a showing of MLS#r11145663 at 644 Caladium Circle in Panama City, FL, contact your Trust House Realty agent at 9543362003.

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644 Caladium Circle
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