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  • Price$3,998,000
  • Acres1.03
  • Built1939

108 Casa Place Place, Panama City Beach

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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Essential Information

  • MLS® #740961
  • Price$3,998,000
  • Bathrooms0.00
  • Acres1.03
  • Year Built1939
  • TypeCommercial Sale
  • Sub-TypeMulti Family
  • StatusActive

School Information

  • ElementaryWest Bay
  • MiddleSurfside
  • HighArnold

Listing Details

  • Listing OfficeCorcoran Reverie

Community Information

  • Address108 Casa Place Place
  • Area03 - Bay County - Beach
  • SubdivisionLaguna Beach
  • CityPanama City Beach
  • CountyBay
  • StateFL
  • Zip Code32413

Additional Information

  • Date ListedMay 2nd, 2023

Price Change History for 108 Casa Place Place, Panama City Beach, FL (MLS® #740961)

Date Details Price Change
Price Reduced (from $4,990,000) $3,998,000 $992,000 (19.88%)
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DISCLAIMER: IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information Source: Bay County Association Of REALTORS® Multiple Listing Service