108 Casa Pl, Panama City Beach, FL 32413

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Sold Price
$3,515,000
List Price
$3,515,000

Property Description

Rare multi-family opportunity situated in the heart of Laguna Beach steps from the sugar white sands of the emerald coast. 100% leased, the Sandman Community showcases 21 units: 16 - 2 Bedroom Apartments | 3 - 1 Bedroom Apartments | 1 - 2 Bedroom Residence | 1 - 1 Bedroom Studio. Additional structures included are a community pool, pavilion, laundry facility and overflow parking. Many of the units have recently been remodeled to bring a modern touch to this classic development. Offering over $428K in annually income, Sandman is a sound investment boasting instant cash flow with long term re-development prospects. Opportunities of this nature are rare along the Gulf of Mexico. Do not miss the chance to add this Panama City Beach multi-family complex to your investment portfolio.

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Listing courtesy of Christies International Real Estate Emerald Coast. Selling Office: .

Vendor Member Number : 28166