Featured Listings

    • View More
    3510/ 3536 Saint John ST, Panama City, FL 32401
    See all 39 photos
    3510/ 3536 Saint John ST, Panama City, FL 32401
    3510/ 3536 Saint John ST, Panama City, FL 32401
    3510/ 3536 Saint John ST, Panama City, FL 32401
    3510/ 3536 Saint John ST, Panama City, FL 32401
    REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
    In-PersonVirtual Tour
    Juan & Carolina Vasquez

    Juan & Carolina Vasquez

    +1(201) 819-6735
    -
    Est. payment /mo
    Save Virtual Tour
    Active

    3510/ 3536 Saint John ST Panama City, FL 32401

    50 Baths

    33,060 SqFt

    UPDATED:

    Key Details

    Property Type Commercial

    Sub Type Multi Family

    Listing Status Active

    Purchase Type For Sale

    Square Footage 33,060 sqft

    MLS Listing ID R11145658

    HOA Y/N No

    Year Built 1970

    Annual Tax Amount $18,237

    Tax Year 2025

    Lot Size 2.800 Acres

    Acres 2.8

    Property Sub-Type Multi Family

    Property Description

    This 50-unit garden-style community delivers strong fundamentals and consistent performance, supported by a diverse unit mix of 8 one-bed, 20 two-bed, 12 three-bed, and 10 four-bed units. With 42 units renovated since 2020—featuring updated flooring, fresh paint, windows, and fixtures—the property offers modern appeal and reduced turnover risk. Additional income is generated through an on-site laundry facility, and a separate office building with storage provides valuable operational flexibility. Major capital improvements include new metal roofs, upgraded electrical panels, and multiple HVAC and water-heater replacements, minimizing near-term CapEx exposure. Steady occupancy and an assumable $4.57M, 3.75% fixed-rate non-recourse loan enhance the investment's strength in today's lending environment. Positioned near major retailers, schools, employment centers, and within minutes of Panama City Beach, the property sits in a high-demand rental corridor with long-term growth potential. A recent price adjustment further improves the opportunity for investors seeking stability and upside.

    Location

    State FL

    County Bay

    Area 5940 - Other Florida County

    Direction Follow US-98 E and US-98 BUS E to E 2nd St in Springfield. Take Kilbourn Ave to St John St. This property sits on 2 separate parcels separated by a small SFH.

    Region Panama City

    City Region Panama City

    Interior

    Heating Electric

    Cooling Wall/Window Unit(s)

    Flooring Other

    Fireplace No

    Exterior

    Utilities Available Cable Available

    Water Access Desc Public

    Roof Type Metal

    Building

    Sewer Public Sewer

    Water Public

    Level or Stories Two

    Others

    Pets Allowed No

    Tax ID 2338800000023389000000

    Security Features Fire Sprinkler System

    Acceptable Financing Assumable, Cash, Conventional

    Listing Terms Assumable, Cash, Conventional

    Virtual Tour https://www.propertypanorama.com/3510-3536-Saint-John-Street-Panama-City-FL-32401/unbranded

    BeachesMLS, Inc. (FLR) VOW
    Listed by Marcy L O'Donnell Luxe Coastal Realty Group LLC

    GET MORE INFORMATION

    Juan & Carolina Vasquez
    Juan & Carolina Vasquez

    +1(201) 819-6735 | movewithvasquez@gmail.com

    Name
    Phone*
    Message

    By checking this box, I agree by electronic signature to the Electronic Disclosure Consent Agreement; to receive recurring marketing communication from Move With Vasquez, including auto-dialed calls, texts, and artificial/prerecorded voice messages (message frequency varies; data rates may apply; reply "STOP" to opt-out of texts or "HELP" for assistance); and to the Terms of Service and Privacy Policy of this website. Consent not required to make a purchase. I understand that I can call to obtain direct assistance.

    Go tour this home

    3510/ 3536 Saint John ST

    Free Account Required

    • Instant access to listing photos & details
    • Save listings and searches
    • Access details for this property