- MLS® #: RX-11076691
- 240 Harmon Av
- Panama City, FL 32401
- $6,197,500
- 29,796 SqFt, 1.05 Acres
- Commercial
This exceptional 34-unit waterfront community, complete with a 22-slip marina, is now offered at a newly adjusted price, creating an even stronger value proposition for investors. In addition to its comprehensive renovations and prime waterfront amenities, the property includes an income-generating on-site laundry facility and a low-maintenance marina that produces steady revenue, further strengthening the asset's operational performance. With 22 units fully renovated down to the studs in 2020, upgraded mechanicals, new roofs, contemporary interiors, and a history of consistently high occupancy, this community offers both stability and long-term growth potential. Positioned within the heart of Downtown Panama City's ongoing revitalizationfeaturing upgraded streetscapes, improved walkability, and renewed waterfront developmentthis asset remains one of the most compelling opportunities in the market. The pricing adjustment simply aligns the offering with current investor activity and enhances the property's already strong return profile.
View Virtual TourEssential Information
- MLS® #RX-11076691
- Price$6,197,500
- Square Footage29,796
- Acres1.05
- Year Built1966
- TypeCommercial
- Sub-TypeIncome
- StyleMarina, Resident. Multi-Fam.
- StatusPrice Change
Community Information
- Address240 Harmon Av
- Area5940
- SubdivisionDAVIS PLAT
- CityPanama City
- CountyBay
- StateFL
- Zip Code32401
Amenities
- Is WaterfrontYes
- WaterfrontOcean Access
Utilities
3-Phase Electric, Cable, Public Sewer, Public Water
Interior
- AppliancesBuilding and Land, License
- HeatingElectric
- CoolingElectric
- # of Stories2
Exterior
- Lot DescriptionMulti Fam
- RoofOther
Additional Information
- Date ListedMarch 31st, 2025
- Days on Website263
- ZoningPC05
- Office: Luxe Coastal Realty Group Llc
Property Location
240 Harmon Av on www.jupiterabacoahomes.us
Offered at the current list price of $6,197,500, this home for sale at 240 Harmon Av features bedrooms and 0 bathrooms. This real estate listing is located in DAVIS PLAT of Panama City, FL 32401 and is approximately 29,796 square feet. 240 Harmon Av is listed under the MLS ID of RX-11076691 and has been available through www.jupiterabacoahomes.us for the Panama City real estate market for 263 days.Similar Listings to 240 Harmon Av
- MLS® #: RX-11145658
- 3510/ 3536 Saint John St
- Panama City, FL 32401
- $6,243,750
- 33,060 SqFt, 2.8 Acres
- Commercial
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Listing information last updated on December 19th, 2025 at 7:00am CST.