114 S Highway 22 A 114 (1-8) & 118 (1-6), Panama City, FL 32404
sale
$1,400,000
|
Other
Courtesy Of Counts Real Estate Group Inc
SUPER INCOME PRODUCING OPPORTUNITY - 14 Unit Apartment Complex (4 Buildings). GREAT VALUE ADD OPPORTUNITY. Centrally located between Tyndall Air Force Base and Panama City, and near Panama City Beach. Apartments breakdown includes 8 units at 800+/- Sq. Ft. with outside 64+/- Sq. Ft. laundry room and 6 units at 1,100+/- Sq. Ft. with indoor laundry. Recent improvements include new roofs in April 2026 on all buildings and freshly painted eves, soffits and entryways. The owners have taken special care with maintenance and repairs over many years of their ownership. All inspections and repairs reports, along with financial reports are available for review, with execution of a Non-Disclosure Agreement (NDA) by all prospective purchasers and their agents prior to releasing the reports and financial documents packages. All apartments are currently 100% occupied.
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Copyright © 2026 Central Panhandle Association of REALTORS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Property Features
- Age: 41-50 Years Old
- Amenities: Security System
- Cooling System: Central Air
- Exterior Type: Stucco
- Exterior Type: BrickVeneer
- Exterior Type: WoodFrame
- Floors: 2
- Heating System: Electric (Heating)
- Heating System: Central
- Legal Description: LAKEWOOD (4.10) MP 119A2 LOT 4,5,6 BLK 1 & PART OF VACATED ALLEY ORB 1934 P 2111
- MLSID: 790876
- Roof Type: Composition
- Roof Type: Shingle
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