1035 23Rd StPanama City, FL 32405

  • Hospitality properties
  • 29,886 SF
For Sale
$498,900 View listing

Property Details for 1035 23Rd St

Year built
1994
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Lot size
1.80 AC
Property size (Sq ft)
29,886 SF
Zone code
PC09
Property type
Hospitality properties
Property subtype
Hotels
APN
12987-000-000
APU
12987000000

Description

This exceptional commercial property, located at 1035 E 23rd Street in Panama City, Florida (zip code 32405), presents a unique investment opportunity. Situated on a high and dry lot, this parcel boasts unparalleled visibility and high traffic counts due to its prime location just before I-Hop on the left and at the corner of Mercedes Street, directly across from the Days Inn Suites. The seller is motivated to sell and is open to dividing the parcel, focusing on the section in front of the hotel. This section is ready for immediate development, offering numerous possibilities including, but not limited to, an office building or an oil change facility. The scarcity of available commercial land on 23rd Street makes this a truly rare find. The asking price is $498,900. While approximate measurements are provided, buyers are strongly encouraged to independently verify the land section's dimensions. This property is classified as Special Purpose and has a lot size of 0 sq ft (this should be verified by the buyer). The property's location offers excellent exposure and potential for significant return on investment. Don't miss this chance to secure a prime piece of Panama City commercial real estate.

1035 23Rd St, Panama City, Florida

Location Insight

City
Panama City
County
Bay
State
Florida
Latitude
30.1902
Longitude
-85.6421
CBSA code
37460
CBSA name
PANAMA CITY-LYNN HAVEN, FL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$38,274
$1,013,250
$1,295,802
$2,309,052
-
$1,013,250
$1,295,802
$2,309,052

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