Property Attributes
- MLS#O6203155
- TypeCommercial
- CountyBAY
- CityPANAMA CITY
- AreaPanama City
- Zip32409
- StyleMixed Use
- Year Built2015
- Taxes$ 1333
- Price$ 550,000
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Sqr Footage2304
- Lot Size1 Acres
Data Source:
Stellar MLS
Property Description
Prime Panama City Investment: 1.15 Acres in a Great location Don't miss this rare opportunity to own a piece of prime real estate in Panama City's most vibrant tourist hub. This 1.15-acre lot boasts an unbeatable location, nestled amongst some of the city's top attractions and businesses, location with 29,000 daily traffic counts, providing endless opportunities for exposure and customer access. The property currently has a tenant in place, generating a reliable income stream with a cap rate of7%. The tenant would like to continue his lease for 3-5 years. You can also have your own business on the property, which includes a building with two offices and a workshop area. This makes it an ideal opportunity, call today!
Price History | |
---|---|
5/8/2024 | Listed $550,000 |
General Features
Cooling | Wall/Window Unit(s) |
---|---|
Roof | Metal |
Construction Materials | Wood Frame |
Year Built | 2015 |
Property SubType | Mixed Use |
Tax Year | 2024 |
Percent Ownership | Sole Proprietor |
County | Bay |
New Construction | No |
Property Type | Commercial Sale |
Building Features | Bathrooms,Kitchen Facility |
Status | Active |
Directions | Driving through State road 77 N in Panama city turn on Annie Lee Brock Rd then Left and it will be on your right. |
City | PANAMA CITY |
Buyer Agent Compensation | 3% |
MLS Area | 32409 - Panama City |
Lot Size Square Feet | 43560 |
Waterfront Y/N | No |
Street Name | Annie Lee Brock |
Tax Annual Amount | 1333.54 |
Public Remarks | Prime Panama City Investment: 1.15 Acres in a Great location Don't miss this rare opportunity to own a piece of prime real estate in Panama City's most vibrant tourist hub. This 1.15-acre lot boasts |
Days on Market | 6 |
Standard Status | Active |
Tax Lot | 312 |
Legal Description | 32 1S 14W -2.6A- 85D COM NW COR OF SEC TH E 354.02' TO ELY ROW LI OF ST RD 77 TH S24E ALG ROW LI 239.37' FOR POB TH N68E 150' S20E 355.02' TO N ROW LI OF PRIV RD TH W ALG N ROW LI 132' TO E ROW LI OF |
Water Access Y/N | No |
Water View Y/N | No |
Interior Features
Air Conditioning Y/N | Yes |
---|---|
Street Suffix | ROAD |
Living Area Units | Square Feet |
Exterior Features
Lot Size Area | 1 |
---|---|
Foundation Details | Concrete Perimeter |
Number of Buildings | 1 |
Building Area Total | 2304 |
Lot Dimensions | 312 x 141 |
Lot Size Acres | 1 |
Road Surface Type | Asphalt |
Lot Size Units | Acres |
Road Frontage Type | State Road |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool