3510/ 3536 Saint John ST Panama City, FL 32401

State FL

County Bay

Area 27 - Bay County

Direction Follow US-98 E and US-98 BUS E to E 2nd St in Springfield. Take Kilbourn Ave to St John St. Both parcels sit on the same side of the street separated by a small SFH parcel so please see both 3510 and 3536 St John

Garage No

Faces Follow US-98 E and US-98 BUS E to E 2nd St in Springfield. Take Kilbourn Ave to St John St. Both parcels sit on the same side of the street separated by a small SFH parcel so please see both 3510 and 3536 St John

Pets Allowed No

Tax ID 23388-000-000 & 23389-000-000

Miscellaneous 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.