240 Harmon Avenue, Panama City, FL 32401
Status: Active
1966
YEAR BUILT
$6,700,000
LISTING PRICE
MultiFamily (5+ Units)
TYPE
MLS#: RX-11076691
Type of Building: Marina and Resident. Multi-Fam.
For More Information Call:
561-283-4663
Discover an exceptional investment opportunity with this fully renovated, multifamily apartment community situated on a prime waterfront location. Boasting 34 units, this property seamlessly integrates residential living with marina access, featuring a 22-slip marina ideal for water enthusiasts. The community offers a diverse mix of unit configurations, including 12 one-bedroom units, each 650 sq. ft., and 22 two-bedroom units, each 920 sq. ft., designed for comfortable, modern living. Recent renovations in 2020 have transformed 22 of these units down to the ''studs,'' bringing them up to contemporary standards with high-quality finishes. New roofs and mechanicals provide peace of mind, while stainless appliances and composite floors enhance the style and functionality of each living

This listing is courtesy of Luxe Coastal Realty Group LLC. Real Estate and Luxury homes in Boca Raton, Delray Beach, Deerfield Beach, Juno Beach, 0 Lake Worth, Palm Beach Gardens, West Palm Beach and surrounding areas in Palm Beach County and South Florida. Property Listing Data contained within this site is the property of Brevard MLS and is provided for consumers looking to purchase real estate. Any other use is prohibited. We are not responsible for errors and omissions on this web site. All information contained herein should be deemed reliable but not guaranteed, all representations are approximate, and individual verification is recommended.

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- Acres1.05 acres
- Available DocumentsNone
- Available InformationFull Financials
- CityPanama City
- CoolingElectric
- CountyBay
- DirectionsTake Beach Drive south to E 2nd Court and turn left. Turn left on Harmon Ave and building will be on the right.
- Fire ProtectionSprinkler
- FlooringOther
- For LeaseNo
- For SaleYes
- HeatingElectric
- LeaseLong Term
- Legal DescriptionDAVIS PLAT LOTS 1,2,3 & PACL LYING BETWEEN LOT 1 & MASSELINA BAYOU. BLK 5 ORB 4148 P 69 AND PART OF VACATED BLUFF ST R/W
- List Price$6,700,000
- List Price/SqFt$224.86 / sqft
- Listing DateMonday, March 31st, 2025
- Listing IDRX-11076691
- Listing Price$6,700,000
- Listing StatusActive
- Number of Stories2
- Number of Toilets34
- Percent Air Conditioned100%
- PossessionAt Closing and Funding
- Property DescriptionMulti Fam
- Property TypeCommercial
- Real Estate Taxes$39,860.90
- RoofOther
- Sale IncludesBuilding and Land and License
- SqFt SourceOwner
- State/ProvinceFL
- StatusActive
- Status Change DateMonday, March 31st, 2025
- Street NameHarmon
- SubdivisionDavis Plat
- Tax Year2024
- Tenant PaysElectric
- Terms ConsideredAssumable-Qualify, Cash and Conventional
- Total Building SqFt29,796 sqft
- Total Units in Building34
- TypeMultiFamily (5+ Units)
- Type of BuildingMarina and Resident. Multi-Fam.
- UtilitiesCable, Electric, Public Sewer and Public Water
- Virtual TourYes
- WaterfrontYes
- Waterfront DetailsOcean Access
- Year Built1966
- Zip Code32401
- ZoningPC05