1421 N Martin Luther King Jr Boulevard, Panama City, FL 32401
Local realty services provided by:Better Homes and Gardens Real Estate Historic
1421 N Martin Luther King Jr Boulevard,Panama City, FL 32401
$920,000
- 8 Beds
- 12 Baths
- 4,028 sq. ft.
- Multi-family
- Active
Listed by: james cameron
Office: jc real estate group, llc.
MLS#:786224
Source:FL_BCMLS
Price summary
- Price:$920,000
- Price per sq. ft.:$228.4
About this home
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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Home facts
- Year built:2026
- Listing ID #:786224
- Added:1 day(s) ago
- Updated:March 05, 2026 at 05:44 PM
Rooms and interior
- Bedrooms:8
- Total bathrooms:12
- Full bathrooms:8
- Half bathrooms:4
- Rooms Total:8
- Dining Description:SmartThermostat
- Bathrooms Description:SmartThermostat
- Kitchen Description:Electric Cook Top, Electric Range, Ice Maker
- Bedroom Description:SmartThermostat
- Living area:4,028 sq. ft.
Heating and cooling
- Cooling:CeilingFans, CentralAir, SeparateMeters
- Heating:Electric, Heat Pump
Structure and exterior
- Roof:Metal
- Year built:2026
- Building area:4,028 sq. ft.
- Lot area:0.18 Acres
- Construction Materials:Wood Frame
- Foundation Description:Slab
Schools
- High school:Bay
- Middle school:Jinks
- Elementary school:Northside
Utilities
- Sewer:Public Sewer
Finances and disclosures
- Price:$920,000
- Price per sq. ft.:$228.4
- Tax amount:$326 (2025)
Features and amenities
- Amenities:DoublePaneWindows, ElectricCooktop, ElectricRange, IceMaker, SmartThermostat, SmokeDetectors
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