6321 Lenawee Street D, Panama City, FL 32404 (MLS# 794715)

Acreage: 0.67

Design: N/A

Lot Size (SqFt): 29185

Apx SqFt(Htd/Cooled): 13500

Immediate Occupancy: No

Construction Status: Construction Complete

SqFt Source: Prop App Site

# of Stories in Building: 2

# of Units in Bldg: 4

Accessory Dwelling Unit: No

Lot Dimensions: 47.0 ft x 95.0 ft

New Construction: No

Garage Y/N: No

Pool: No

Sub-Type: Multi Family

Bedrooms: 2

Full Baths: 1

Total Baths: 1

Year Built: 1985

List Price/SqFt: 153.7

Status: Active

List Date: 2026-08-26

List Price: $2,075,000

Current Price: $2,075,000

Unit #: D

Sub Area: 0202 - Bay - Central SE

Community/Resort: None

Waterfront: No

Elementary School: Callaway

Middle School: Rutherford Middle

High School: Rutherford

Directions: Traveling south on US-98 in Callaway, turn left onto Cherry Street. Continue straight on Cherry Street, then turn right onto S Jan Drive. Turn left onto Olokee Street, then turn right onto S Comet Ave before turning right onto Lenawee Street. 6321 Buildings A-D will be on your right at the end of the dead-end road and 6318 Lenawee is on the left.

Area: 02 - Bay County - Central

Street #: 6321

Street Name: Lenawee

Street Suffix: Street

State: FL

Zip Code: 32404

County: Bay

Subdivision: [No Recorded Subdiv]

Parcel ID: 06901-000-000

Legal Description: CALLAWAY PLAT (19.2) 132B1 BEG AT NE COR OF LOT 18 S 95' TO N R/W OF LENAWEE ST W 29.22 TO E SIDE OF DITCH NWLY 95' TO N LINE LOT 18 E 38.85' TO POB AKA W 35.5' OF LOT 19 & PT LOT 18 LYING E OF DITCH BLK 48 ORB 4267 P 982

Homestead: No

HOA Fee: No

Is Subject Leased: Yes

Rent/Mo: 1000

New Buyer Fee: No

Last Taxes: 1957.41

Last Tax Year: 2025

Brokerage Interest: No Interest

As Is: Yes

Section: 17

Township: 4S

Range: 13W

Remarks: Investor opportunity! The Lenawee Apartments, located at 6318-6321 Lenawee St in Panama City, FL, offer a multifamily investment opportunity with 18 total units across five buildings. The property includes four quadplexes with 16 two-bedroom, one-bath units of approximately 750 square feet each, along with a duplex featuring two additional two-bedroom, one-bath units of approximately 832 square feet each. All five buildings were constructed in 1985 and feature stucco exteriors. Recent improvements include 2019 roofs and 2020 water heaters, and the units are individually metered for water and electricity. Conveniently located near retail, dining, major roadways, and Tyndall Air Force Base, the property offers strong potential for an investor looking to add a multifamily property to their portfolio.

First: 1

Cooktop - Electric: 1

Oven - Electric: 1

Refrigerator: 1

Water Heater - Electric: 1

Floor - Tile: 1

Siding - Stucco: 1

1 or More Years: 1

Deck Open: 1

Cash: 1

Conventional: 1

Unfurnished: 1

First: 1

First: 1

Dead End: 1

City Street: 1

Paved Road: 1

Assigned: 1

Resid Multi-Family: 1

Bedroom: 1

Dining Room: 1

Full Bathroom: 1

Kitchen: 1

Living Room: 1

Primary Bedroom: 1

Electricity - Connected: 1

Public Sewer - Connected: 1

Public Water - Connected: 1

As Is: 1

First: 1

First: 1

First: 1

Central Air: 1

Electric: 1