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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!
| DAYS ON MARKET | 13 | LAST UPDATED | 5/7/2024 |
|---|---|---|---|
| YEAR BUILT | 2015 | COMMUNITY | 32409 - Panama City |
| COUNTY | Bay | STATUS | Active |
| PROPERTY TYPE(S) | Commercial |
| ADDITIONAL DETAILS | |
| AIR | Wall/Window Unit(s) |
|---|---|
| AIR CONDITIONING | Yes |
| AREA | 32409 - Panama City |
| BUYER'S BROKERAGE COMPENSATION | 3% |
| LOT | 1 acre(s) |
| LOT DIMENSIONS | 312x141 |
| TAXES | 1333.54 |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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Listing provided by Ahmed El Komy, CENTURY 21 CARIOTI, 407-354-0074
The information contained herein has been provided by My Florida Regional MLS DBA Stellar MLS. IDX information is provided exclusively for consumers' personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS. Listings last updated 5/19/24 12:11 PM PDT.
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