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240 Harmon Ave
Panama City, FL 32401

$6,700,000 USD

Apartments For Sale • 29,796 SF

Property Details

Property Type Apartments
Total Building Size 29,796 SF
Lot Size 1.03 AC
Building Class C
Year Built 1966
Cap Rate 6.09 %
Zoning MU 3

0 Transit Score

43 Walk Score

                
                    Highlights
                
                                Includes a 22 slip marina with Gulf Access
                            
                                Gorgeous waterfront pool
                            
                                Close to thriving downtown community

Financial Summary (Actual)

Net Operating Income: $407,935 USD (2024)

Cap Rate:	6.09 %
Total Expenses:	$239,399 USD

Amenities

Air Conditioning
Courtyard
Pool
Waterfront
Heating
Kitchen
Refrigerator
Oven

Public Transportation

Airport	Drive	Walk	Distance
Northwest Florida Beaches International	40 min	-	23.5 mi

Parking Details

Parking Available:	Yes
Reserved:	No
Spaces Provided:	50
Type:	Surface
Included in Rent:	Yes

Marcy O'Donnell 848-220-5555 Luxe Coastal Realty

240 Harmon Ave Panama City, FL 32401