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  • Price$4,700,000
  • SQ. Feet29,428
  • Acres3.20
  • Built2006

3009 Highway 77, Panama City

Baldwin Place is a prime office strip center, centrally located in Panama City. The Center maintains high occupancy rates and long-term tenants. 100% Occupied. Long-term tenants. $446,109 Net Operating Income. 9.5% Cap Rate!Located at the northwest corner of Highway 77 and Baldwin Road (Adjacent to Centennial Bank). Signalized intersection at Baldwin Road and Highway 77 along with an additional median-cut and deceleration lane on Highway 77. Detailed Financials, Rent Roll and Tenant data available upon request and receipt of a confidentiality agreement.Priced to sell quickly.

Essential Information

  • MLS® #699626
  • Price$4,700,000
  • Square Footage29,428
  • Acres3.20
  • Year Built2006
  • TypeCommercial Sales
  • Sub-TypeIncome Producing
  • StyleCommercial
  • StatusActive

Amenities

  • UtilitiesAll Utilities, Electric 220/240, Public Sewer, Public Water

Exterior

  • Lot DescriptionAerials Available, Easement(s)
  • ConstructionClear Span, Floor - Concrete, Floor - Tile, Floor - Vinyl, Floor - W/W Carpet, Foundation - Slab on Grade, Roof - Metal, Roof - Sloping, Siding - Metal, Siding - Stucco, Steel/Frame, Concrete

Additional Information

  • Date ListedJuly 14th, 2020
  • Days on Market25
  • ZoningCity, Commercial
  • HOA$0

Community Information

  • Address3009 Highway 77
  • Area02 - Bay County - Central
  • SubdivisionNo Named Subdivision
  • CityPanama City
  • CountyBay
  • StateFL
  • Zip Code32405

Interior

  • HeatingAC - Entire, AC - HVAC, AC - Central, Heat - Central Electric, Heat - HVAC

School Information

  • ElementaryHiland Park
  • MiddleMowat
  • HighMosley

Listing Details

  • Listing OfficeCounts Real Estate Group Inc

Price Change History for 3009 Highway 77, Panama City, FL (MLS® #699626)

Date Details Price Change
Price Increased (from $4,600,000) $4,700,000 $100,000 (2.17%)
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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