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601 11th Street
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PRICED AT ONLY: $499,000

Address: 601 11th Street, Panama City, FL 32401

Description

This is PRIME Mixed Use opportunity in the heart of Panama City, Florida! This versatile commercial property offers endless potential situated on 0.45 acres in a high visibility, centrally located corridor of Panama City. Zoned Mixed Use 3, this property allows for both commercial and residential uses...ideal for investors, business owners, trades, storage, flex space, or future redevelopment. Offering approximately 2,800 square feet, this property features one large warehouse divided into two units, each with separate entrances, individual electrical meters, and shared water/sewer. Both units include full size garage doors, private bathrooms, and flexible layouts to accommodate a wide range of uses. Unit B also features a convenient kitchenette. This setup is ideal for an owner investor who wishes to operate out of one unit and rent the additional unit to a tenant for an income producing property. The property is fenced, provides ample parking, and offers excellent accessibility and visibility with its central location to downtown Panama City, Highway 231 and 15th Street. This is an incredible opportunity to purchase flexible space in a fast growing area of Panama City, Florida! Buyer to verify all information, if deemed important.

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More Like This
  • MLS#: 782111 ( CommercialSale )
  • Street Address: 601 11th Street
  • Viewed: 21
  • Price: $499,000
  • Price sqft: $182
  • Waterfront: No
  • Year Built: 1967
  • Bldg sqft: 2736
  • Days On Market: 50

Description

This is PRIME Mixed Use opportunity in the heart of Panama City, Florida! This versatile commercial property offers endless potential situated on 0.45 acres in a high visibility, centrally located corridor of Panama City. Zoned Mixed Use 3, this property allows for both commercial and residential uses...ideal for investors, business owners, trades, storage, flex space, or future redevelopment. Offering approximately 2,800 square feet, this property features one large warehouse divided into two units, each with separate entrances, individual electrical meters, and shared water/sewer. Both units include full size garage doors, private bathrooms, and flexible layouts to accommodate a wide range of uses. Unit B also features a convenient kitchenette. This setup is ideal for an owner investor who wishes to operate out of one unit and rent the additional unit to a tenant for an income producing property. The property is fenced, provides ample parking, and offers excellent accessibility and visibility with its central location to downtown Panama City, Highway 231 and 15th Street. This is an incredible opportunity to purchase flexible space in a fast growing area of Panama City, Florida! Buyer to verify all information, if deemed important.
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Features
Building and Construction
  • Covered Spaces: 0.00
  • Living Area: 0.00
School Information
  • High School: Bay
  • Middle School: Jinks
  • School Elementary: Cherry Street
Garage and Parking
  • Garage Spaces: 0.00
  • Open Parking Spaces: 0.00
Utilities
  • Carport Spaces: 0.00
  • Road Frontage Type: CityStreet
  • Sewer: PublicSewer
  • Utilities: SewerAvailable
Finance and Tax Information
  • Home Owners Association Fee: 0.00
  • Insurance Expense: 0.00
  • Net Operating Income: 0.00
  • Other Expense: 0.00
  • Pet Deposit: 0.00
  • Security Deposit: 0.00
  • Trash Expense: 0.00
Other Features
  • Legal Description: 5 4S 14W -114- 92A3 COMM AT NE COR OF SW1/4 TH S 33' TO S ROW LI OF W 11TH ST TH W 70.08' ALG S ROW LI FOR POB TH LEAVE ROW LI S 162.44' W 85.16' NWLY 24.89' NWLY 148.99' TO S ROW LI OF W 11TH ST TH E 120.66' TO POB ORB 4165 P 653
  • Area Major: 02 - Bay County - Central
  • Occupant Type: Occupied
  • Parcel Number: 18150-000-000
  • Possible Use: Commercial
  • The Range: 0.00
  • Views: 21
Nearby Subdivisions
[no Recorded Subdiv]   Bayview Add   Caroline Add Unit 2   No Named Subdivision   Pine-lea 3rd Add   Segler   Skyland   St Andrews Harbour   Thompson  
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