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- Price$3,999,000
- SQ. Feet22,000
- Acres3.00
- Built1987
704 W 23rd Street, 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
Essential Information
- MLS® #690188
- Price$3,999,000
- Square Footage22,000
- Acres3.00
- Year Built1987
- TypeCommercial Sales
- Sub-TypeIncome Producing
- StyleCommercial
- StatusActive
Amenities
- UtilitiesPublic Sewer, Public Water, All Maintenance, All Utilities, Yard Maintenance
Exterior
- Lot DescriptionAerials Available, Site - Strip Mall
- ConstructionRoof - Metal, Siding - Stucco, Frame
Additional Information
- Date ListedOctober 28th, 2019
- Days on Market456
- ZoningCity, Commercial
- HOA$0
Community Information
- Address704 W 23rd Street
- Area02 - Bay County - Central
- SubdivisionNo Named Subdivision
- CityPanama City
- CountyBay
- StateFL
- Zip Code32405
Interior
- HeatingAC - Central, Heat - Central Electric
School Information
- ElementaryNorthside
- MiddleJinks
- HighBay
Listing Details
- Listing OfficeBerkshire Hathaway HomeServices Beach Properties of Florida
Price Change History for 704 W 23rd Street, Panama City, FL (MLS® #690188)
Date | Details | Price | Change |
---|---|---|---|
Price Reduced (from $4,950,000) | $3,999,000 | $951,000 (19.21%) |
DISCLAIMER: IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information Source: Bay County Association Of REALTORS® Multiple Listing Service