OUTSTANDING LOCATION

Office for Sale
Catylist Listing ID: 30876114
Property Subtypes: Executive Suites, High-Tech, Medical, Flex Space, Office Building
Building Size (RSF): 6,450 SF
Gross Building Area: See Agent
Sale Price: $2,980,321
Unit Price: $462.07 PSF
Ceiling: 10 ft.
Property Use Type: Investment, Business
Class of Space: Class A
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 9/9/2024

Overview / Comments

FORMER MEDICAL OFFICE WITH PLENTY OF PARKING AND ROOM TO ADD MORE! It's rare to find a space with ample parking, but HERE IT IS! This property goes from street to street, so you have 2 ingress and egress points. Repurposed for General Office but could be converted back to Medical or Dental with minimal expense. This like new office building is ready for an occupant owner or continued use as an income property or a combination of the two. The Sellers have put in 15 Tons of new HVAC system., A new roof was installed in 2020. There is a Large digital sign with high resolution to advertise your business that goes with the property. The landscaping is impeccable and there is ample parking. Arnold road is currently undergoing widening (from two to four lanes) and beautification. and this section should be completely finished by the end of February. The New PANAMA CITY BEACH HOSPITAL will be less than a mile away when completed. This property is located in the heart of Panama City Beach. It is less than 100 yards to City Hall and PCB Government buildings. It's 1,000 feet to the Beach, and Pier Park is 1.5 miles away. Survey and the original Floor Plan (which has been modified) are attached in the documents

Additional Details

Nearest MSA: Panama City
County: Bay
Tax ID/APN: 33422-000-000
Property Located Between: Back beach Road and Front Beach Road
Property Visibility: Excellent
Highway Access: Right on the tourist cooridor
Airports: ECP
Total Number of Buildings: 1
Number of Stories: 1
Typical SF / Floor: 6,450 SF
Year Built: 1982
Year Renovated: 2022
Roof Type: Flat
Construction/Siding: Brick
Parking Type: Surface
Heat Type: Electricity
Heat Source: Heat Pump
Air Conditioning: Engineered System
Internet Access: Cable, T1/T3, Fiber Optic
Interior Description: FORMER MEDICAL OFFICE WITH PLENTY OF PARKING AND ROOM TO ADD MORE! It's rare to find a space with ample parking, but HERE IT IS! This property goes from street to street, so you have 2 ingress and egress points. Repurposed for General Office but could be converted back to Medical or Dental with minimal expense. This like new office building is ready for an occupant owner or continued use as an income property or a combination of the two. The Sellers have put in 15 Tons of new HVAC system., A new roof was installed in 2020. There is a Large digital sign with high resolution to advertise your business that goes with the property. The landscaping is impeccable and there is ample parking. Arnold road is currently undergoing widening (from two to four lanes) and beautification. and this section should be completely finished by the end of February. The New PANAMA CITY BEACH HOSPITAL will be less than a mile away when completed. This property is located in the heart of Panama City Beach. It is less than 100 yards to City Hall and PCB Government buildings. It's 1,000 feet to the Beach, and Pier Park is 1.5 miles away. Survey and the original Floor Plan (which has been modified) are attached in the documents
Water Service: Municipal
Sewer Type: Municipal
Legal Description: EL CENTRO BEACH MAP-29B3 S 40' LOT 4, ALL LOT 5,6 & LOT 7 LESS SLY 40.8', LOT 13 LESS SLY 149', ALL LOTS 14,15 ORB 906 P 836 BLK 7 (5.01) ORB 4100 P 1843 A/K/A LOTS 4,5,6,7,8,9,13,14 & 15 BLK 7 LESS & EXCEPT: BEG NELY COR LOT 4 BLK 7 TH N69W 120' S20W 20' S69W 120' N20E 20' TO POB ALSO LESS & ESCEPT: BEG AT SE COR LOT 9 BLK 7 N20E 140.8' N69W 195.

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 2,032 8,771 13,108
Median Age: 45.95 42.84 44.22
Households: 926 3,859 5,870

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