114 Highway 22 APanama City, FL 32404

Property Details for 114 Highway 22 A

Year built

1984

Property size (Sq ft)

13,768 SF

Property type

Residential income properties

Property subtype

Multifamily properties

Description

This exceptional 14-unit apartment complex, located at 114 S Highway 22 A in Panama City, Florida (zip code 32404), presents a lucrative investment opportunity. The property boasts a total of 13,768 square feet situated on a generous 28,314 square foot lot. Constructed in 1984, the complex comprises four separate buildings, each featuring two-bedroom, one-and-a-half-bathroom units. Unit sizes range from 750 to 950 square feet. Larger units (950 sq ft) include in-unit laundry, while smaller units (750 sq ft) offer laundry hookups in attached storage. Many units have undergone renovations and roof repairs following Hurricane Michael, ensuring excellent condition. Currently operating at 100% occupancy, this complex offers immediate cash flow. Its prime location in the heart of Panama City, near shopping, dining, and Tyndall Air Force Base, guarantees strong tenant demand and long-term stability. The asking price for this fully operational apartment business is $2,200,000. This is a rare chance to acquire a well-maintained, high-performing multifamily property in a desirable Florida location.

Location Insight

City

Panama City

County

Bay

State

Florida

Latitude

30.1449

Longitude

-85.5998

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?

Please email our support team at [email protected] and they will add the team member.

How do I access a private listing?

Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.

How can I contact the broker?

We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.

How do I unsubscribe from emails?

At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].