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
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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Spencer Bailey

Spencer Bailey

+1(507) 951-2934
Listed by Luxe Coastal Realty Group LLC
$ 6,197,500
Est. payment | /mo

34 Baths

29,796 SqFt

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$ 6,197,500
Est. payment | /mo
Save Virtual Tour

34 Baths

29,796 SqFt

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

Virtual Tour https://www.propertypanorama.com/240-Harmon-Avenue-Panama-City-FL-32401/unbranded

Spencer Bailey

Find out why customers are choosing LPT Realty to meet their real estate needs

+1(507) 951-2934

spencer.bailey507@gmail.com

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240 Harmon AVE