1421 Martin Luther King Junior Boulevard #A-D, Panama City, FL 32401
Local realty services provided by:ERA Neubauer Real Estate, Inc.
Listed by: james cameron
Office: jc real estate group, llc.
MLS#:789241
Source:FL_BCMLS
Price summary
- Price:$760,000
- Price per sq. ft.:$188.68
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 / 12 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 as each Bedroom has its own full bathroom• 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. Each has its own water and electrical meter. Rental rates around $1700 each. Expected Cap Rate 7-8%....
Contact an agent
Home facts
- Year built:2026
- Subdivision & Development:Long Point Park 1st Add
- Listing ID #:789241
- Added:150 day(s) ago
- Updated:September 29, 2026 at 03:01 PM
Rooms and interior
- Bedrooms:8
- Total bathrooms:12
- Full bathrooms:8
- Half bathrooms:4
- Rooms Total:8
- Kitchen Description:Electric Oven, Electric Range, Ice Maker
- Living area:4,028 sq. ft.
Heating and cooling
- Cooling:CeilingFans, CentralAir
- Heating:Central, Electric
- Central air:Yes
Structure and exterior
- Roof:Metal
- Year built:2026
- Building area:4,028 sq. ft.
- Lot area:0.18 Acres
- Foundation Description:Slab
Schools
- High school:Bay
- Middle school:Jinks
- Elementary school:Northside
Utilities
- Sewer:Public Sewer
Finances and disclosures
- Price:$760,000
- Price per sq. ft.:$188.68
Features and amenities
- Amenities:ElectricOven, ElectricRange, FireAlarm, IceMaker
Parking
- Parking description:Garage
- Garage:Yes
- Garage spaces:4
New listings near 1421 Martin Luther King Junior Boulevard #A-D
- Coming Soon
$369,900Coming Soon4 beds 2 baths1,731 sq. ft.800 Cason Circle, Panama City, FL 32405
MLS# 795521Listed by: EMPIRE REAL ESTATE OF FLORIDA LLC - New
$95,000Active2 beds 2 baths825 sq. ft.3511 E 4th Street, Panama City, FL 32401
MLS# 795988Listed by: JOSEPH WALTER REALTY LLC - New
$220,000Active4 beds 2 baths1,836 sq. ft.7112 Highway 2301, Panama City, FL 32404
MLS# 795876Listed by: REAL BROKER LLC - New
$220,000Active4 beds 2 baths1,836 sq. ft.7112 Highway 2301, Panama City, FL 32404
MLS# 795876Listed by: REAL BROKER LLC - New
$450,000Active1 beds 1 baths1,247 sq. ft.122 Poston Avenue, Panama City, FL 32401
MLS# 1012918Listed by: LIVE 30A REAL ESTATE LLC - New
$249,900Active3 beds 2 baths1,439 sq. ft.6636 Kettles Street, Panama City, FL 32404
MLS# 795972Listed by: KELLER WILLIAMS REALTY EMERALD COAST - Open Sun, 10am to 12pmNew
$349,000Active3 beds 2 baths1,754 sq. ft.2508 Dorothy Avenue, Panama City, FL 32408
MLS# 795978Listed by: FOUNDATION REAL ESTATE AGENCY LLC - New
$269,900Active3 beds 2 baths1,106 sq. ft.1553 Everitt Avenue, Panama City, FL 32405
MLS# 795946Listed by: COUNTS REAL ESTATE GROUP INC - New
$215,000Active1 beds 1 baths652 sq. ft.1219 Navy Boulevard #47, Panama City, FL 32408
MLS# 795934Listed by: COUNTS REAL ESTATE GROUP INC - New
$344,900Active4 beds 2 baths1,799 sq. ft.7118 William Pitsenbarger Road, Panama City, FL 32404
MLS# 795937Listed by: DR HORTON REALTY OF EMERALD COAST, LLC