

Listed by Luxe Coastal Realty
$3,404,000
644 Caladium Circle
Details
APN 33832001000
Property Type Multifamily
Sub Type Apartment Building, Duplex/Triplex/Quadruplex
Units 26
Year Built 1982
Stories 2
Acreage 0.260
Zoning Commercial
Multifamily | 26 Units
Marketing description
644 W Caladium Circle presents a rare, high-performing investment opportunity in a premier beachside location. This fully refreshed 26-unit complex features 22 studios, two 1BR/1BA units, and two 2BR/1BA unitsâ€''each updated with new paint, composite flooring, modern fixtures, refreshed bathrooms, and upgraded appliances. A consistently strong occupancy rate ensures immediate Day-One cash flow, further enhanced by an income-producing onsite laundry facility that adds to overall revenue. Ideally positioned directly across from the Gulf with beach views and easy walkability to dining, shopping, Pier Park, Topgolf, and easy access to Dolly Parton's Pirates Voyage Dinner & Show, this property offers exceptional potential for both long-term and short-term rental strategies. With recent pricing adjustments, this coastal asset now delivers even greater value in one of PCB's most in-demand corridors.
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Listed by Luxe Coastal Realty
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