BR 79 West, DST

102 Cabana Cay Circle • Panama City Beach, FL 32413

 79 West (the “Property”) represents an opportunity to invest in a class A, garden-style apartment community, located in Panama City Beach, Florida, part of the Panama City metropolitan statistical area (the “Panama City Metro”), within walking distance to the renowned Panama City Beaches. 

The Property is one of the few class A multifamily properties in the Panama City Metro with walkability to the highly acclaimed Panama City beaches.

The Property is located in Panama City Beach, Florida, part of the Panama City Metro. The Property offers excellent visibility, located near the intersection of Front Beach Road and FL-79 and distinguishes itself in the area as one of the few class A apartment communities with walkability to the Panama City Beaches. The Property’s location provides superb connectivity to all major transportation arteries in the Panama City Metro, including Northwest Florida Beaches International Airport, FL-79, Front Beach Road and US-98 which connects Panama City Beach to the mainland and to the central business district as well as numerous employment centers in Panama City. The Property’s location delivers easy access to the major employers in the area including Tyndall Air Force Base, Gulf Coast Medical Center and Ascension Sacred Heart Bay Medical Center. Additionally, the Property is less than 2.5 miles from Pier Park and Pier Park North, providing more than one million square feet of desired retail and dining options including Old Navy, Red Robin, Starbucks, Bed Bath and Beyond, and Chili’s. The Property also provides its tenants with superb walkability to some of Panama City Beach’s 27 miles of white sand beaches.

BR 79 West, DST (the “Trust”) seeks to provide attractive monthly cash flow distributions and growing property values associated with a strong multifamily market that generated 15% year-over-year average rent growth on new leases during the previous five months.

2007

Year Built

304

Number of Units

252,522

Total Square Feet

  • Community Amenities

  • Balcony or patio

    Breakfast bar*

    Bunk room*

    Central air and heating

    Den or study*

    Dishwasher

    Kitchen island*

    Tile floors

    Ocean views*

    Walk-in closets

    Washer/dryer

  • Unit Amenities

  • Newly built clubhouse

    Resort-style swimming pool

    State-of-the-art fitness center

    Two spa hot tubs

    Bark park

    Elevators

    Guest parking

    Ocean views

    Gazebo

    Walking distance to the beach

* Select units