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640 Caladium Circle
Panama City Beach

TYPE: House
BATHS: 1/1
SQFT: 1,088
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Discover your ideal investment or first home with this charming townhome just one block from the stunning beaches of Panama City Beach. This property is a proven rental powerhouse, generating $56,000 annually with an impressive 15% return on investment. With no HOA fees and eligibility for FHA loans, it offers exceptional value and flexibility.This two-story townhome features 2 cozy bedrooms and 1.5 bathrooms across 1,327 sq. ft., with 1,088 sq. ft. of heated living space. A few updates include, new roof in 2020, HVAC updated in 2024, and freshly painted exterior. The interior boasts modern stainless steel appliances, granite countertops, travertine back splash, track light fixtures, tile flooring and vinyl plank flooring.

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Listing Details

MLS# 952579
Status Active
Property Type House ( Attached Single Unit )
Bedrooms 2
Bathrooms 1 full, 1 half
H/C Sqft 1,088
Year Built 1982
Stories 2.0
HOA Amount No HOA Fees

Property Features

  • Dishwasher
  • Disposal
  • Dryer
  • Microwave
  • Range Hood
  • Refrigerator
  • Stove/Oven Electric
  • Washer
  • Heat Cntrl Electric
  • Water Heater - Elect
  • Other
  • Other


Elementary School Hutchinson Beach
Middle School Surfside
High School Arnold
Zip Code 32413
Sub-area Beach - Middle Central
Subdivision OPEN SANDS


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Real estate property information provided by Central Panhandle Association of REALTORS® (CPAR) and Emerald Coast Association of REALTORS® (ECAR). 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. This data is deemed reliable but is not guaranteed accurate by the MLS. Vendor ID: 28322