Homes for sale - 240 Harmon AVE, Panama City, FL 32401

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Dennis Lue Yat

dennis@luxeiqgroup.com +1(561) 571-1425

Listed by Luxe Coastal Realty Group LLC

$6,197,500

Est. payment - /mo

34 Baths

29,796 SqFt

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Key Details

Property Type Commercial

Sub Type MultiFamily (5+ Units)

Listing Status Active

Purchase Type For Sale

Square Footage 29,796 sqft

Price per Sqft $207

MLS Listing ID RX-11076691

Year Built 1966

Annual Tax Amount $39,860

Tax Year 2024

Lot Size 1.050 Acres

Property Sub-Type MultiFamily (5+ Units)

Property Description

This exceptional 34-unit waterfront community, complete with a 22-slip marina, is now offered at a newly adjusted price, creating an even stronger value proposition for investors. In addition to its comprehensive renovations and prime waterfront amenities, the property includes an income-generating on-site laundry facility and a low-maintenance marina that produces steady revenue, further strengthening the asset's operational performance. With 22 units fully renovated down to the studs in 2020, upgraded mechanicals, new roofs, contemporary interiors, and a history of consistently high occupancy, this community offers both stability and long-term growth potential.

Location

Subdivision Davis Plat

State FL

County Bay

Area 5940

Zoning PC05

Interior

Heating Electric

Cooling Electric

Flooring Other

Fireplaces Type Sprinkler

Exterior

Utilities Available Cable, Electric, Public Sewer, Public Water

Waterfront Description Ocean Access

Roof Type Other

Building

Story 100.00

Others

Acceptable Financing Assumable-Qualify, Cash, Conventional

Listing Terms Assumable-Qualify, Cash, Conventional

Financing Assumable-Qualify,Cash,Conventional

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Dennis Lue Yat

+1(561) 571-1425

Broker | SL3301099

Broker SL3301099

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240 Harmon AVE Panama City, FL 32401

Dennis Lue Yat

Key Details

Location

Interior

Exterior

Building

Others

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