USAFLPanama CityMagnolia Cove Apartments3510/ 3536 Saint John Street
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3510/ 3536 Saint John Street, Panama City, FL

Real Estate

For Sale

Listed price in listed location currency (USD).
$6,243,750

000

MLS® R11145658

  • Key Facts
  • Description
  • Map

Key Facts

Type Multi Family
Levels Commercial Sale
Size -
Garage No
HOA Fees 
Taxes $18,237
Days Active 0
Approx. Age 1970
MLS® Number R11145658

Property Address: 3510/ 3536 Saint John Street, Panama City, FL, 32401

Average square foot calculated using Size range provided by listing agent.

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.
MLS® NumberR11145658
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry Level
Exposure
Exterior
GarageNo
Approx. Age1970
Stories
Pets

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

Heat
A/C
Heating Fuel

Extras

Similar Listings

Price History

-End Date
Not Sold YetSold Price

For Sale

Dec 5, 2025List Date
$6,243,750List Price
  • Commute

Commute

Starting Address
Destination Address
3510/ 3536 Saint John Street, Panama City, FL

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