• 240 Harmon Avenue, Panama City, FL 32401 Main Photo

240 Harmon Avenue
Panama City, FL 32401

$6,197,500

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Listing Details

  • $6,197,500
  • MLS# 990824
  • Type Commercial - Business
  • Status Active
  • 1.060 acres
    Lot Size

Listed By

Agency Name: Luxe Coastal Realty

Shown By

Agent Name: Tara Capron
Agent Phone: (850) 565-0480
Agency Title: Levin Rinke Realty

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Home Value Estimate


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 net 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...read more

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