SQUARE FEET13,768
MLS#790876
STATUSActive
PROPERTY TYPECommercial - Business
SUBDIVISIONLakewood
Property Description
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.
Property Features
Property Type: Commercial - Business
Heating: Central, Electric
Lot Size: 0.65 Acres
Roof Type: Composition, Shingle
Stories: 2.0
Year Built: 1984
Feature Descriptions
Building Features: Dumpster
Days on Site: 88
Exterior: Brick Veneer, Stucco, Wood Frame
Parcel#: 25010-008-000
Security: Security Lights
Sewer: Public Sewer
Utilities: Sewer Available
Local Schools
High School: Rutherford
Middle School: Everitt
Elementary School: Parker
Listed By / Shown By
Listed By
Agency Name: Counts Real Estate Group
Shown By
Agency Title: RealtyMark
Agency Phone: 888-260-0040
114 S Highway 22 A, Unit 114 (1-8) | MLS# 790876
This commercial property located at 114 S Highway 22 A, Unit 114 (1-8), Panama City, FL 32404 is currently listed for sale with an asking price of $1,600,000. Search Panama City real estate on www.realtymark.net today.