Portfolio of 34 Beachfront Condos and Commercial Unit in Panama City Beach, FL

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Financial Details

Asking Price:
$12,995,000
Annual Revenue:
$1,304,841
Cash Flow / SDE:
$1,077,173
Profit Metric:
Average NOI
Valuation Multiple:
12.1x
Location:
Panama City Beach, FL, US
Source:
Date:
October 02, 2025

Key Highlights

Prime investment opportunity in Panama City Beach, a top 10 US vacation destination.
Portfolio of 34 units (33 condos, 1 commercial) generating solid annual cash flow and long-term appreciation.
Flexible purchase options: buy as a whole portfolio or in parts to suit buyer needs (e.g., 1031 exchange).

Description

This listing presents a significant investment opportunity in Panama City Beach, Florida, a highly sought-after vacation destination. The portfolio comprises 34 individual units, including 33 tastefully decorated residential condos and 1 commercial condo. The residential units are situated across four complexes: 28 in Laketown Wharf Resort, 2 in Grand Panama Resort, 2 in Tidewater Beach Resort, and 1 in Aqua Beach Resort, all currently operating as vacation rentals. The commercial unit is leased long-term under a NNN lease to a vacation rental company. The property offers the potential for substantial long-term appreciation and consistent annual cash flow. Buyers have the flexibility to acquire the entire portfolio or specific parts, accommodating needs such as a 1031 exchange, though pricing may vary for partial acquisitions. Panama City Beach's strategic location and high visitor numbers (approximately 20 million annually) contribute to its appeal as a prime real estate investment market.

Industry Information

Industry Description:
Real Estate | Multifamily
Classification:
Building & Construction

Operational Snapshot

Year Established:
2007

Real Estate & Lease

Status:
Included
Real Estate Price:
$12,995,000 USD

Listing Details

Listing ID:
7af61526-8cdc-4f6a-8c60-eef8724f2510
Deal Status:
For Sale
Date Posted:
August 18, 2024
Last Updated:
October 02, 2025
Currency:
USD

Features & Tags

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