$3,650,000
Panama City, FL 32401
MLS# 824314
Status: Sold
1 / 1
Property Description
FOR SALES COMPS ONLY
Details
Maps
None
Current Price: $3,650,000
Status Change Info
Status: Sold
Under Contract Date: 2019-03-16
Sold Date: 2019-05-29
Sold Price: $3,650,000
Contract Info
List Date: 2019-03-16
List Price: $3,650,000
Listing Board: Emerald Coast
Location Tax and Legal
Area: 27 - Bay County
Street #: 2505
Street Name: 15 TH
Street Suffix: Street
State: FL
Zip Code: 32401
County: Bay
Parcel ID: 29647-000-000
General Property Info
Listed on GCCMLS: Yes
Office Class: CLASS B
Vacant: No
Immediate Occupancy: No
Acreage: 2.92
Zoning: COMMERCIAL
Income Producing
Year Built: 1941
Building SqFt: 27313
Price P/SqFt: 133
Annual Gross Income: 453788
Expenses: 103788
Net Operating Income: 350000
Cash Flow: 350000
Cap Rate: 9.5
Property Type: Office
Property Features
Class: Income Producing
Construction Status: Existing
Listing Office: NBI Properties Inc
Last Updated: October - 12 - 2024
All information is believed to be accurate but is not guaranteed. Protected by Copyright© 2026 and is owned either by the Emerald Coast Association of REALTORS®, Inc or by the developers of the software, FBS, Inc. All rights reserved.