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1421 Martin Luther King Jr Boulevard, Panama City, FL 32401
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  • MLS#: 786224 ( Residential )
  • Street Address: 1421 Martin Luther King Jr Boulevard
  • Viewed: 1
  • Price: $920,000
  • Price sqft: $228
  • Waterfront: No
  • Year Built: 2026
  • Bldg sqft: 4028
  • Bedrooms: 8
  • Total Baths: 12
  • Full Baths: 8
  • 1/2 Baths: 4
  • Garage / Parking Spaces: 1
  • Additional Information
  • Geolocation: 30.1738 / -85.6506
  • County: BAY
  • City: Panama City
  • Zipcode: 32401
  • Subdivision: Lincoln Park 1st Addition
  • Elementary School: Nortide
  • Middle School: Jinks
  • High School: Bay
  • Provided by: JC Real Estate Group, LLC.
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  • Description
    Brand New Quadruplex Across from MLK Recreation Center Panama City, FL Prime investment opportunity in Panama City, Florida. This newly constructed quadruplex features four spacious 2 bedroom, 2 bathroom units (8 bedrooms / 8 bathrooms total) and is located directly across from the newly developed Martin Luther King Jr. Recreation Center. The 30,000+ square foot recreation facility enhances long term rental demand with amenities including indoor and outdoor basketball courts, gymnasium space, STEM labs, recording studio, playground, and community programming making this an attractive location for tenants. This property offers: Brand new construction Modern layouts with strong rental appeal Low maintenance design, with garage High demand infill location Ideal for buy and hold investors, 1031 exchange buyers, or portfolio expansion in the growing Bay County market. Each unit has been subdivided and has its own parcel id number for easy breakout if the units were to be sold independently. Construction complete March 20th. Owner/Agent
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Features
Building and Construction
  • Covered Spaces: 0.00
  • Flooring: LuxuryVinylPlank
  • Living Area: 0.00
  • Roof: Metal
Land Information
  • Lot Features: Paved
School Information
  • High School: Bay
  • Middle School: Jinks
  • School Elementary: Northside
Garage and Parking
  • Garage Spaces: 1.00
  • Open Parking Spaces: 0.00
  • Parking Features: Garage, GarageDoorOpener
Utilities
  • Carport Spaces: 0.00
  • Cooling: CentralAir, CeilingFans, HeatPump, SeparateMeters
  • Heating: Electric, HeatPump
  • Road Frontage Type: CityStreet
  • Sewer: PublicSewer
  • Utilities: ElectricityAvailable, UndergroundUtilities
Finance and Tax Information
  • Home Owners Association Fee: 0.00
  • Insurance Expense: 0.00
  • Net Operating Income: 0.00
  • Other Expense: 0.00
  • Pet Deposit: 0.00
  • Security Deposit: 0.00
  • Tax Year: 2025
  • Trash Expense: 0.00
Other Features
  • Appliances: ElectricCooktop, ElectricRange, IceMaker
  • Interior Features: SmartThermostat
  • Legal Description: LINCOLN PARK 1ST ADD. LOT 17 BLK 3 ORB 1536 P 1767 LESS HWY 77 R/W DOT PRCL# 208
  • Area Major: 02 - Bay County - Central
  • Occupant Type: Vacant
  • Parcel Number: 17553-000-000
  • The Range: 0.00
Headshot for Associate Marian Casteel
  1. Marian Casteel, BrkrAssc,REALTOR ®
  2. Tropic Shores Realty
  3. CLIENT FOCUSED! RESULTS DRIVEN! SERVICE YOU CAN COUNT ON!
  4. Mobile: 352.601.6367
  5. 352.601.6367
  6. mariancasteel@yahoo.com