30.191734 -85.671776

704 W 23rd Street Panama City, FL 32405

254417793 30.191734 -85.671776 2142 /listing/254417793-150293399/704-w-23rd-street-panama-city-fl-32405 False 0 3999000.0 22000 101 690188 False
  • $3,999,000
  • 22,000 sqft
  • Est payment $21467.5/mo

Property & Neighborhood Info

Courtesy Of Berkshire Hathaway HomeServices Beach Properties of Florida

Commercial in Panama City

***INCOME PRODUCING INVESTMENT OPPORTUNITY!!! 6 BUILDINGS, 9 TENANTS, 100% OCCUPIED COMMERCIAL OFFICE PARK*** Approximately 22,000 square feet of combined rental space on 3 acres. $332,000 in annual rental income. Landlord pays $50,000 annually in taxes, lighting and maintenance expenses...tenants pay their own insurance. Most have 3 to 5 year leases that can be provided for review. Tenants not to be disturbed and include ESPN Sports Radio, FOX TV, AMI Store management, Pancare of FL, and many more. ***SELLER WILL CARRY A NOTE WITH 25% DOWN, 6% INTEREST RATE, ON A 25 YEAR AMORTIZATION WITH A 3-5 YEAR BALLOON. Contact listing agent for details

Courtesy Of Berkshire Hathaway HomeServices Beach Properties of Florida
  1. 22,000 Sq. Ft.

Main Features

  • Listing Status: Active
  • Year Built: 1987
  • School District: Northside
  • School District2: Jinks
  • School District3: Bay
  • County: Bay
  • Subdivision: No Named Subdivision
  • MLS Number:690188

Additional Features

  • Building Square Feet:
    • 32000
  • Commercial Type:
    • Commercial
  • Construction:
    • Frame
    • Roof - Metal
    • Siding - Stucco
  • Construction Status:
    • Construction Complete
  • Occupancy Status:
    • Occupied
  • Property Subtype:
    • Income Producing
  • Acres:
    • 3.00
  • Land Use:
    • Office
  • Property Details:
    • Anchor Tenant
    • Freestanding Building
    • Furnished - None
    • Kitchen Area
    • Office Area
    • Restrooms - Private
  • Site Description:
    • Aerials Available
    • Site - Strip Mall
  • Sub- Area:
    • 0204 - Bay - Central NW
  • Energy:
    • AC - 2 or More
    • AC - Central Elect
    • Heat - Central Electric
    • Water Heater - Electric
  • Heating/Cooling:
    • AC - Central
    • Heat - Central Electric
  • Utilities:
    • All Maintenance
    • All Utilities
    • Public Sewer
    • Public Water
    • Yard Maintenance
  • Community:
    • None
  • Zoning:
    • City
    • Commercial
  • Financing:
    • Cash
    • Conventional
  • Gross Income:
    • 512000.00
  • Income Property:
    • Office
  • Legal Description:
    • 29 3S 14W -20- 91A ST AND BAY DEV CO PLAT THAT PART OF LOT 105, 106, 119 & 122 LYING N OF CENTER LINE OF 60' DRAIN DITCH LESS -20.1- ORB 3232 P 1650
  • Sale Type:
    • As Is
  • HOA Fee:
    • No
  • Expenses:
    • 50000.00
  • Price Per SQFT:
    • 181.77
Neighborhood info courtesy of Homes.com © 2021

What's My Mortgage?

$38,769.95*
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Joy Trainor
Joy Trainor
Broker-Associate
3782 Hwy 90 Pace FL 32571
30.191734 -85.671776

704 W 23rd Street Panama City, FL 32405

254417793 30.191734 -85.671776 2142 /listing/254417793-150293399/704-w-23rd-street-panama-city-fl-32405 False 0 3999000.0 22000 101 690188 False
  • $3,999,000
  • 22,000 sqft
  • Est payment $21467.5/mo