Office Building for Sale

Office for Sale
Catylist Listing ID: 30679999
Property Subtypes: Office Building
Building Size (RSF): 6,086 SF
Gross Building Area: See Agent
Gross Land Area: 0.81 Acres
Sale Price: $1,150,000
Unit Price: $188.96 PSF
Property Use Type: Investment
Class of Space: Class A
Usable Size (USF): 5,800 SF
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 1/11/2021

Overview / Comments

Just updated office building in high traffic area of Panama City Beach. Formerly a medical building can be used for clinic, doctor's offices, dentist, or lease individual suites. Less than a block from the beach with the street access being widen. Large parcel with room to grow. HIGH DENSITY COMMERCIAL ZONING.

Additional Details

Nearest MSA: Panama City
County: Bay
Taxing Authority: Panama City Beach
Tax ID/APN: 33422-000-000
Property Located Between: Front Beach Road and Panama City Pwk
Property Visibility: Excellent
Highway Access: From 98 go south on 79 towards Front Beach Road. Building is on right off of 79 (S.Arnold)
Area Description: High traffic area less than a block to beach
Total Number of Buildings: 1
Number of Stories: 1
Year Built: 1983
Year Renovated: 2020
Roof Type: Flat
Construction/Siding: Stucco
Exterior Description: Room for expansion
Parking Type: Surface
Parking Description: Ample
Total Parking Spaces: 33
Heat Type: Electricity
Heat Source: Central
Air Conditioning: Package Unit
Internet Access: DSL
Interior Description: Office suites
Zoning Description: High Density Commercial
Lot Frontage: 141
Lot Depth: 201
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 195.91' S01W 149.38' S69E 146' TO POB ORB 4100 P 1843

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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


Photograph of Listing Agent

Eric Bowman

Counts Real Estate Group Gulf Coast CMLS Member
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