644 W Caladium Cir

Panama City, FL 32413

$3,404,000
Price
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Baths
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an empty room with wooden floor and windows
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a kitchen with granite countertop white cabinets and stainless steel appliances
a kitchen with granite countertop a stove and a sink
a kitchen with stainless steel appliances granite countertop a stove and a white cabinets
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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 unitsa''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...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 unitsa''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.
  1. Listed by Marcy L O'Donnell • Luxe Coastal Realty Group LLC

Property Details for 644 West Caladium Circle

View
Gulf
LISTING UPDATED: 12/05/2025 09:54 PM

Property Details for 644 West Caladium Circle

StatusActive
MLS #RX-11145663
Days on Market63
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeIndustrial
MLS TypeCommercial/Industry / MultiFamily (5+ Units) / Multi Family
Year Built1982
Lot Size-
CountyBay County

Location

Listing Courtesy of Luxe Coastal Realty Group LLC
Add your commute

Building Information for 644 West Caladium Circle

Stories-Residences-Year Built1982Building Size-Lot Size-

Payment Calculator

$16,594 per month

30 year fixed, 6.15% Interest

Principal and Interest

$16,591

Property Taxes

$3

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 644 West Caladium Circle

Summary
Location and General Information
  • Directions: From Hwy 79 take Front Beach Road East to Gulf. Take a left and building will be first one on the left.
  • Geo Area: Other Geographic Area
  • Street Number: 644
  • Municipal Code: Panama City
  • State: FL
  • City Postal ID: 32401
  • MLS Area: 5940
  • MLS Sub Area: Other Geographic Area
Taxes and HOA Information
  • Tax Year: 2024
Property
Lot Information
  • Area: 5940
  • Parcel ID: 33832001000
  • Property Group ID: 19990816212135227274000000
  • Square Ft Source: Owner
  • Zoning: Commercial
Property and Assessments
  • Acres: 0.26
  • For Sale: Yes
  • Legal Desc: OPEN SANDS LOTS 1 & 2 BLK A ORB 3898 P 1025 & OPEN SANDS (1.01) TRI PCL ADJ S LINE BLK A ORB 3898 P 1025
  • Legal Description: OPEN SANDS LOTS 1 & 2 BLK A ORB 3898 P 1025 & OPEN SANDS (1.01) TRI PCL ADJ S LINE BLK A ORB 3898 P 1025
Utilities
  • Utilities: Cable, Electric, Public Sewer, Public Water
Interior and Exterior Features
Interior Features
  • Roof: Other
  • Cooling: Wall-Win A/C
  • Flooring: Other
  • Heating: Electric
  • Guest Accommodations: No
Multi Family
Multi-Family Information
  • Tenant Pays: Electric
  • Stories: 2.0

Property History for 644 West Caladium Circle

DateEvent & SourcePriceAppreciation
Dec 5, 2025

Listed (Active)

CPAR #782382

$3,404,000—
Dec 4, 2025

Listed (Active)

RAPB #RX-11145663

$3,404,000—
Oct 8, 2025

Withdrawn

CPAR #760726

$3,700,000—
Jan 30, 2025

Expired

RAPB #RX-11008696

$3,700,000—
Jul 31, 2024

Listed (Active)

CPAR #760726

$3,700,000—
Jul 30, 2024

Listed (Active)

RAPB #RX-11008696

$3,700,000—
May 5, 2017

Sold

CPAR #650990

$1,000,000—
Feb 16, 2017

Pending

CPAR #650990

—
Sep 28, 2016

Listed (Active)

CPAR #650990

$1,299,000—
Feb 29, 2016

Expired

CPAR #606942

$1,100,000—
Mar 6, 2013

Listed (Active)

CPAR #606942

$1,295,000—
Mar 26, 2012

Expired

CPAR #409739

$1,490,000—
Aug 30, 2010

Listed (Active)

CPAR #409739

$1,490,000—
Jul 1, 2010

Expired

CPAR #399336

$1,499,000—
Sep 28, 2009

Listed (Active)

CPAR #399336

$1,600,000—
Oct 27, 2006

Sold (Public Record)

Public Record #205298044

$1,225,000

+13.4% / yr

Oct 1, 2006

Expired

CPAR #347465

$1,700,000—
Mar 24, 2006

Expired

CPAR #330099

$1,950,000—
Mar 24, 2006

Expired

CPAR #330104

$1,950,000—
Mar 8, 2006

Listed (Active)

CPAR #347465

$1,495,000—
Mar 23, 2005

Listed (Active)

CPAR #330099

$2,450,000—
Mar 23, 2005

Listed (Active)

CPAR #330104

$2,450,000—
Mar 22, 2005

Sold

CPAR #308427

$1,000,000—
Mar 18, 2005

Sold (Public Record)

Public Record #153385331

$1,000,000—
Aug 10, 2004

Pending

CPAR #308427

—
Feb 1, 2003

Listed (Active)

CPAR #308427

$1,160,000—
DateEvent & SourcePrice
12/05/2025

Listed (Active)

CPAR #782382

$3,404,000
12/04/2025

Listed (Active)

RAPB #RX-11145663

$3,404,000
10/08/2025

Withdrawn

CPAR #760726

$3,700,000
01/30/2025

Expired

RAPB #RX-11008696

$3,700,000
07/31/2024

Listed (Active)

CPAR #760726

$3,700,000
07/30/2024

Listed (Active)

RAPB #RX-11008696

$3,700,000
05/05/2017

Sold

CPAR #650990

$1,000,000
02/16/2017

Pending

CPAR #650990

—
09/28/2016

Listed (Active)

CPAR #650990

$1,299,000
02/29/2016

Expired

CPAR #606942

$1,100,000
03/06/2013

Listed (Active)

CPAR #606942

$1,295,000
03/26/2012

Expired

CPAR #409739

$1,490,000
08/30/2010

Listed (Active)

CPAR #409739

$1,490,000
07/01/2010

Expired

CPAR #399336

$1,499,000
09/28/2009

Listed (Active)

CPAR #399336

$1,600,000
10/27/2006

Sold (Public Record)

Public Record #205298044

$1,225,000

+13.4% / yr

10/01/2006

Expired

CPAR #347465

$1,700,000
03/24/2006

Expired

CPAR #330099

$1,950,000
03/24/2006

Expired

CPAR #330104

$1,950,000
03/08/2006

Listed (Active)

CPAR #347465

$1,495,000
03/23/2005

Listed (Active)

CPAR #330099

$2,450,000
03/23/2005

Listed (Active)

CPAR #330104

$2,450,000
03/22/2005

Sold

CPAR #308427

$1,000,000
03/18/2005

Sold (Public Record)

Public Record #153385331

$1,000,000
08/10/2004

Pending

CPAR #308427

—
02/01/2003

Listed (Active)

CPAR #308427

$1,160,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 644 West Caladium Circle

Taxable ValueLand$3,000Additions$401Total$3,401
Tax Record2025$37 ($3 / month)
Home Facts
Stories2Lot Size2,222 SqFtStyleCommercialZoningPCB17CountyBAYAPN33832-003-000

Schools near 644 West Caladium Circle

This home is within Bay.
Rating
School
Type
Grades
Distance
Hutchison Beach Elementary School
Public - K to 5
Surfside Middle School
Public - 6 to 8
J.R. Arnold High School
Public - 9 to 12
A. Gary Walsingham Academy
Public - PK to 3
Rating
School
Distance
Hutchison Beach Elementary School
PublicK to 5

Surfside Middle School
Public6 to 8

J.R. Arnold High School
Public9 to 12

A. Gary Walsingham Academy
PublicPK to 3

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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More information about 644 West Caladium Circle, Panama City, FL 32413

644 West Caladium Circle is for sale in Panama City, FL 32413. This property was listed for sale on December 5, 2025 by Luxe Coastal Realty Group LLC, it's currently listed at $3,404,000. It has been on the market for a total of 63 days and was last sold on May 5, 2017. This listing's school district is Bay. Nearby schools include Hutchison Beach Elementary School, Surfside Middle School and J.R. Arnold High School. 644 West Caladium Circle is a 0-bed, 0-bath, built in 1982.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Luxe Coastal Realty Group LLC

The data relating to real estate for sale/lease on this web site come in part from a cooperative data exchange program of the Emerald Coast Association of REALTORS, Central Panhandle Association of REALTORS, Pensacola Association of REALTORS and Capital Area Technology & REALTOR Services. The properties displayed may not be all of the properties in the MLS's database, or all of the properties listed with Brokers participating in the cooperative data exchange program. Information deemed reliable but not guaranteed. Copyright© 2026 Emerald Coast Association of REALTORS, Central Panhandle Association of REALTORS, Pensacola Association of REALTORS and Capital Area Technology & REALTOR Services. All Rights Reserved.