FL > Panama City > Davis Plat
Panama City, FL 32401,240 Harmon AVE
Panama City, FL 32401,240 Harmon AVE
Panama City, FL 32401,240 Harmon AVE
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$6,197,500
Est. payment /mo
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34 Baths
29,796 SqFt
Price Dropped by $502K

240 Harmon AVE Panama City, FL 32401

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Samantha Scott

Samantha Scott

+1(561) 714-2115

UPDATED:

Key Details

Property Type Commercial

Sub Type MultiFamily (5+ Units)

Listing Status Active

Purchase Type For Sale

Square Footage 29,796 sqft

Price per Sqft $207

Subdivision Davis Plat

MLS Listing ID RX-11076691

Year Built 1966

Annual Tax Amount $39,860

Tax Year 2024

Lot Size 1.050 Acres

Property Sub-Type MultiFamily (5+ Units)

Property Description

This exceptional 34-unit waterfront community, complete with a 22-slip marina, is now offered at a newly adjusted price, creating an even stronger value proposition for investors. In addition to its comprehensive renovations and prime waterfront amenities, the property includes an income-generating on-site laundry facility and a low-maintenance marina that produces steady revenue, further strengthening the asset's operational performance. With 22 units fully renovated down to the studs in 2020, upgraded mechanicals, new roofs, contemporary interiors, and a history of consistently high occupancy, this community offers both stability and long-term growth potential.

Location

State FL

County Bay

Area 5940

Zoning PC05

Interior

Heating Electric

Cooling Electric

Flooring Other

Fireplaces Type Sprinkler

Exterior

Utilities Available Cable, Electric, Public Sewer, Public Water

Waterfront Description Ocean Access

Roof Type Other

Building

Story 100.00

Others

Acceptable Financing Assumable-Qualify, Cash, Conventional

Listing Terms Assumable-Qualify, Cash, Conventional

Financing Assumable-Qualify,Cash,Conventional

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Samantha Scott

Samantha Scott

Agent | SLSL3522291

+1(561) 714-2115

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240 Harmon AVE