3510/ 3536 Saint John Street, Panama City, FL 32401
$6,243,750
Property Type:
Commercial Sale
Square Footage:
33,060
Status:
Active
Current Price:
$6,243,750
List Date:
12/05/2025
Last Modified:
4/23/2026
Overview
Description
Supplements: ... (Read more) Steady occupancy and an assumable $4.57M, 3.75% fixed-rate non-recourse loan enhance the investment's strength in today's lending environment. Positioned near major retailers, schools, employment centers, and within minutes of Panama City Beach, the property sits in a high-demand rental corridor with long-term growth potential. A recent price adjustment further improves the opportunity for investors seeking stability and upside.
Listing Details MLS# R11145658
General Property Information
- Property Sub Type
- Multi Family
- Number Of Units Total
- 50
- Building Area Main
- 33060
- Building Area Source
- Owner
- Year Built
- 1970
- Lot Size Area
- 121968
- Lot Size Acres
- 2.8
- Stories
- 2
Property Features
Building Features:
Free Standing
Documents Available:
Financial Statement
Electric:
Three Phase
Flooring:
Other
Heating:
Electric
Possession:
Close Of Escrow; Negotiable
Sale Includes:
Building; Land
Tenant Pays:
Cable TV; Electricity; Janitorial Service
Cooling:
Wall/Window Unit(s)
Listing Terms:
Assumable; Cash; Conventional
Roof:
Metal
Security Features:
Fire Sprinkler System
Sewer:
Public Sewer
Utilities:
Cable Available
Water Source:
Public
Showing Requirements:
24 Hour Notice; Appointment Only
Contract Information
- Comp Sale YN
- No
- Original List Price
- 6243750
Location and Legal
- Country
- United States
- County Or Parish
- Bay
- County Parish Name
- Bay
- Street Number
- 3510/ 3536
- Street Name
- Saint John
- Street Suffix
- Street
- City Name
- Panama City
- State Or Province
- FL
- Postal Code
- 32401
- Area
- 5940 - Other Florida County
- Geographic Area
- Other
- Parcel Number
- 23388000000 & 23389000000
- Zoning
- Multi Family
- Directions
- Follow US-98 E and US-98 BUS E to E 2nd St in Springfield. Take Kilbourn Ave to St John St. This property sits on 2 separate parcels separated by a small SFH.
- Property Description
- Magnolia Cove
Financial Information
- Tax Annual Amount
- 18237
- Tax Year
- 2025
- Tax Legal Description
- 11 4S 14W -366.4- 118C4 BEG 787' N & 500' W OF SE COR OF SW1/4 OF SE1/4 TH W 285' S 256' E 285' N 256' TO POB ORB 4161 P
Status Change Information
- Major Change Timestamp
- 2025-12-05T19:27:35Z
- Major Change Type
- New Listing
- Status Change Date
- 2025-12-05
More Information
Building and Property Details
- # Of Toilets
- 50
- % Air Conditioned
- 100
- Maximum Ceiling Height
- 8
Price Calculations
- Current Price To SqFt
- 188.86
Originating Details
- Originating System Key
- 20251205191545416659000000
- Originating System ID
- M00000170
Office/Member Information
- DXORIGMLSID
- RML
Electric
- Three Phase
- Yes
Flooring
- Other
- Yes
Documents Available
- Financial Statement
- Yes
Tenant Pays
- Cable TV
- Yes
- Electricity
- Yes
- Janitorial Service
- Yes
Possession
- Close Of Escrow
- Yes
- Negotiable
- Yes
Sewer
- Public Sewer
- Yes
Utilities
- Cable Available
- Yes
Building Features
- Free Standing
- Yes
Heating
- Electric
- Yes
Sale Includes
- Building
- Yes
- Land
- Yes
Listing Terms
- Assumable
- Yes
- Cash
- Yes
- Conventional
- Yes
Roof
- Metal
- Yes
Security Features
- Fire Sprinkler System
- Yes
Water Source
- Public
- Yes
Cooling
- Wall/Window Unit(s)
- Yes
Showing Requirements
- 24 Hour Notice
- Yes
- Appointment Only
- Yes
Listing Office:
Luxe Coastal Realty Group LLC
Last Updated: April - 23 - 2026
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