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114 S Highway 22 A #114 (1-8) & 118 (1-6) Panama City, FL 32404
13,768 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
Square Footage 13,768 sqft
Price per Sqft $127
Subdivision Lakewood
MLS Listing ID 790876
HOA Y/N No
Year Built 1984
Lot Size 0.650 Acres
Acres 0.65
Property Sub-Type Multi Family
Property Description
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.
Location
State FL
County Bay
Area 02 - Bay County - Central
Interior
Heating Central, Electric
Fireplace No
Exterior
Utilities Available Sewer Available
Roof Type Composition,Shingle
Private Pool No
Building
Story 2
Entry Level Two
Foundation Slab
Sewer Public Sewer
Level or Stories Two
Schools
Elementary Schools Parker
Middle Schools Everitt
High Schools Rutherford
Others
Tax ID 25010-008-000
Security Features Security Lights
Listed by Counts Real Estate Group
Schools and Properties Nearby
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