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  • Price$640,000
  • SQ. Feet3,569
  • Acres0.25
  • Built1993

4021 Dolphin Drive, Panama City Beach

Apartment building two blocks from the beach! YOU CAN WALK TO THE BEACH! This is a 5-unit complex, each one with 1BR/1BA and 940 sqft. The units rent for $1150 a month and tenants leases are all month-to-month. The roof is less than three years old, all HVAC's were replaced in 2015, and no flood insurance required. The seller has had plans drawn up to add 10 additional efficiency units at $800 a month. Short term rentals are allowed. Survey, floor plans, building cost estimate, and 2017 rental income/expenses are all included in the documents section. Great investment property in Gulf Lagoon Beach! All info is approx. and must be verified by BUYERS if important.

Essential Information

  • MLS® #672173
  • Price$640,000
  • Square Footage3,569
  • Acres0.25
  • Year Built1993
  • TypeCommercial Sales
  • Sub-TypeMulti-Family
  • StyleApartment
  • StatusContingent


  • UtilitiesElectric, Public Sewer, Public Water


  • Lot DescriptionCorner Location
  • ConstructionRoof - Composite Shngl, Siding - Stucco

Additional Information

  • Date ListedMay 24th, 2018
  • Days on Market53
  • ZoningCounty, Resid Multi-Family
  • HOA$0

Community Information

  • Address4021 Dolphin Drive
  • Area03 - Bay County - Beach
  • SubdivisionGulf Lagoon Beach
  • CityPanama City Beach
  • CountyBay
  • StateFL
  • Zip Code32408


  • HeatingHeat - Central Electric, AC - Central
  • # of Stories2

School Information

  • ElementaryPatronis
  • MiddleSurfside
  • HighArnold

Listing Details

  • Listing OfficeScott Ingraham Real Estate
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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