3510/ 3536 Saint John Street, Panama City, FL 32401

Panama City, FL, 32401

$6,243,750

50 ba

3510/ 3536 Saint John Street, Panama City, FL 32401 — photo 1 of 39

3510/ 3536 Saint John Street, Panama City, FL 32401 — photo 2 of 39

3510/ 3536 Saint John Street, Panama City, FL 32401 — photo 3 of 39

3510/ 3536 Saint John Street, Panama City, FL 32401 — photo 4 of 39

3510/ 3536 Saint John Street, Panama City, FL 32401 — photo 5 of 39

3510/ 3536 Saint John Street, Panama City, FL 32401 — photo 6 of 39

3510/ 3536 Saint John Street, Panama City, FL 32401 — photo 7 of 39

3510/ 3536 Saint John Street, Panama City, FL 32401 — photo 8 of 39

3510/ 3536 Saint John Street, Panama City, FL 32401 — photo 9 of 39

3510/ 3536 Saint John Street, Panama City, FL 32401 — photo 10 of 39

3510/ 3536 Saint John Street, Panama City, FL 32401 — photo 11 of 39

3510/ 3536 Saint John Street, Panama City, FL 32401 — photo 12 of 39

3510/ 3536 Saint John Street, Panama City, FL 32401 — photo 13 of 39

3510/ 3536 Saint John Street, Panama City, FL 32401 — photo 14 of 39

3510/ 3536 Saint John Street, Panama City, FL 32401 — photo 15 of 39

3510/ 3536 Saint John Street, Panama City, FL 32401 — photo 16 of 39

3510/ 3536 Saint John Street, Panama City, FL 32401 — photo 17 of 39

3510/ 3536 Saint John Street, Panama City, FL 32401 — photo 18 of 39

3510/ 3536 Saint John Street, Panama City, FL 32401 — photo 19 of 39

3510/ 3536 Saint John Street, Panama City, FL 32401 — photo 20 of 39

3510/ 3536 Saint John Street, Panama City, FL 32401 — photo 21 of 39

3510/ 3536 Saint John Street, Panama City, FL 32401 — photo 22 of 39

3510/ 3536 Saint John Street, Panama City, FL 32401 — photo 23 of 39

3510/ 3536 Saint John Street, Panama City, FL 32401 — photo 24 of 39

3510/ 3536 Saint John Street, Panama City, FL 32401 — photo 25 of 39

3510/ 3536 Saint John Street, Panama City, FL 32401 — photo 26 of 39

3510/ 3536 Saint John Street, Panama City, FL 32401 — photo 27 of 39

3510/ 3536 Saint John Street, Panama City, FL 32401 — photo 28 of 39

3510/ 3536 Saint John Street, Panama City, FL 32401 — photo 29 of 39

3510/ 3536 Saint John Street, Panama City, FL 32401 — photo 30 of 39

3510/ 3536 Saint John Street, Panama City, FL 32401 — photo 31 of 39

3510/ 3536 Saint John Street, Panama City, FL 32401 — photo 32 of 39

3510/ 3536 Saint John Street, Panama City, FL 32401 — photo 33 of 39

3510/ 3536 Saint John Street, Panama City, FL 32401 — photo 34 of 39

3510/ 3536 Saint John Street, Panama City, FL 32401 — photo 35 of 39

3510/ 3536 Saint John Street, Panama City, FL 32401 — photo 36 of 39

3510/ 3536 Saint John Street, Panama City, FL 32401 — photo 37 of 39

3510/ 3536 Saint John Street, Panama City, FL 32401 — photo 38 of 39

3510/ 3536 Saint John Street, Panama City, FL 32401 — photo 39 of 39

1 / 39

About this home

This 50-unit garden-style community delivers strong fundamentals and consistent performance, supported by a diverse unit mix of 8 one-bed, 20 two-bed, 12 three-bed, and 10 four-bed units. With 42 units renovated since 2020—featuring updated flooring, fresh paint, windows, and fixtures—the property offers modern appeal and reduced turnover risk. Additional income is generated through an on-site laundry facility, and a separate office building with storage provides valuable operational flexibility. Major capital improvements include new metal roofs, upgraded electrical panels, and multiple HVAC and water-heater replacements, minimizing near-term CapEx exposure. 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.

Virtual tour ↗

Location

Map loading…