Multifamily (5+ units) For Rent

240 Harmon Avenue, Panama City, FL 32401

$6,700,000
1.05
Property Description

Discover an exceptional investment opportunity with this fully renovated, multifamily apartment community situated on a prime waterfront location. Boasting 34 units, this property seamlessly integrates residential living with marina access, featuring a 22-slip marina ideal for water enthusiasts. The community offers a diverse mix of unit configurations, including 12 one-bedroom units, each 650 sq. ft., and 22 two-bedroom units, each 920 sq. ft., designed for comfortable, modern living. Recent renovations in 2020 have transformed 22 of these units down to the ”studs,” bringing them up to contemporary standards with high-quality finishes. New roofs and mechanicals provide peace of mind, while stainless appliances and composite floors enhance the style and functionality of each living

Basic Details
Listing Type : For Rent
Price : $6,700,000
Property Sub Type : MultiFamily (5+ Units)
Features
: Electric
Electric
Other
No
Other
Location
US
FL
Bay
Panama City
32401
Take Beach Drive south to E 2nd Court and turn left. Turn left on Harmon Ave and building will be on the right.
240 Harmon Avenue, Panama City, Fl 32401
Extended Details
Virtual Tour URL
DAVIS PLAT
Ocean Access
Assumable-Qualify,Cash,Conventional
Cable,Electric,Public Sewer,Public Water
34
PC05
Yes
2024
At Closing,Funding
$0
Luxe Coastal Realty Group LLC
Marcy L O'Donnell
2.0
100.00
39860.90
beachesmls
Property TypeMultifamily (5+ units)
StatusActive
Listing IDRX-11076691
Year Built1966
Lot Area1.05
Realtyna

Nadereh (Nana) Rezaie, P.A.  Broker Associate, Certified Luxury Home Marketing Specialist™ GUILD™

Nana Rezaie 561-660-1948

Office: 561-472-1236 1400 Corporate Center Way, Second Floor, Wellington, FL 33414 Each office independently owned and operated.

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