Property
Beds
None
Full Baths
0
1/2 Baths
None
Year Built
None
Sq.Footage
N/A
Rare multi-family opportunity situated in the heart of Laguna Beach steps from the sugar white sands of the emerald coast. 100% leased, the Sandman Community showcases 21 units: 16 – 2 Bedroom Apartments | 3 – 1 Bedroom Apartments | 1 – 2 Bedroom Residence | 1 – 1 Bedroom Studio. Additional structures included are a community pool, pavilion, laundry facility and overflow parking. Many of the units have recently been remodeled to bring a modern touch to this classic development. Offering over $428K in annually income, Sandman is a sound investment boasting instant cash flow with long term re-development prospects. Opportunities of this nature are rare along the Gulf of Mexico. Do not miss the chance to add this Panama City Beach multi-family complex to your investment portfolio.
Features & Amenities
Interior
-
Bathrooms
0
Area & Lot
-
Property Type
E
-
Property Class
Commercial
Exterior
-
Garage
No
Financial
-
Sales Price
$3,998,000
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Location
County
Bay
Listing Courtesy of Hilary & Jacob , Corcoran Reverie SRB
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Team
The BobbyJTeam
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