Live the Gulf Life on Florida’s Emerald Coast

114 S Highway 22 A 114 (1-8) & 118 (1-6)

Panama City, FL 32404

MLS#: 790876

$1,750,000

Status: Active
Listing number: 790876
Listing provided by: Counts Real Estate Group
Listing agent phone: None
Last update: 5 days ago
On site: 5 days ago
Browse Properties
Lakewood - Commercial Sale

Property

Beds

None

Full Baths

None

1/2 Baths

None

Year Built

1984

Sq.Footage

13,768

SUPER INCOME PRODUCING OPPORTUNITY - 14 Unit Apartment Complex (4 Buildings). GREAT VALUE ADD OPPORTUNITY. Centrally located between Tyndall Air Force Base and Panama City, and near Panama City Beach. Apartments breakdown includes 8 units at 800± Sq. Ft. with outside 64± Sq. Ft. laundry room and 6 units at 1,100± Sq. Ft. with indoor laundry. Recent improvements include new roofs in April 2026 on all buildings and freshly painted eves, soffits and entryways. The owners have taken special care with maintenance and repairs over many years of their ownership. All inspections and repairs reports, along with financial reports are available for review, with execution of a Non-Disclosure Agreement (NDA) by all prospective purchasers and their agents prior to releasing the reports and financial documents packages. All apartments are currently 100% occupied.

Features & Amenities

Interior

  • Total Bedrooms

    N/A

  • Bathrooms

    N/A

  • Cooling YN

    YES

  • Cooling

    N/A

  • Heating YN

    YES

  • Heating

    Central, Electric

  • Pet friendly

    N/A

Exterior

  • Garage

    No

  • Construction Materials

    Brick Veneer, Stucco, Frame

  • Pool

    No

  • Waterfront YN

    NO

Area & Lot

  • Lot Size(acres)

    0.65

  • Lot Size(square feet)

    28314.0

  • Property Type

    Commercial Sale

  • Property Sub Type

    MultiFamily

Price

  • Sales Price

    $1,750,000

  • Zoning

    Resid Multi-Family

  • Sq. Footage

    13, 768

  • Price/SqFt

    $127

HOA

  • Association

    No

School District

  • Elementary School

    Parker

  • Middle School

    Everitt

  • High School

    Rutherford

Property Features

  • Stories

    2

  • Foundation Details

    Slab

  • Sewer

    Public Sewer

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Location

County

Bay

Elementary School

Parker

Middle School

Everitt

High School

Rutherford

Listing Courtesy of Charlie B Haas , Counts Real Estate Group

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Agent Melissa Brown

REALTOR®

Melissa Brown

Call Melissa today to schedule a private showing.

(407) 747-1059

MelissaBrown@GulfLifeGo.com


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SUPER INCOME PRODUCING OPPORTUNITY - 14 Unit Apartment Complex (4 Buildings). GREAT VALUE ADD OPPORTUNITY. Centrally located between Tyndall Air Force Base and Panama City, and near Panama City Beach. Apartments breakdown includes 8 units at 800± Sq. Ft. with outside 64± Sq. Ft. laundry room and 6 units at 1,100± Sq. Ft. with indoor laundry. Recent improvements include new roofs in April 2026 on all buildings and freshly painted eves, soffits and entryways. The owners have taken special care with maintenance and repairs over many years of their ownership. All inspections and repairs reports, along with financial reports are available for review, with execution of a Non-Disclosure Agreement (NDA) by all prospective purchasers and their agents prior to releasing the reports and financial documents packages. All apartments are currently 100% occupied.

114 S Highway 22 A 114 (1-8) & 118 (1-6)

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