2505 15 TH Street, Panama City, FL 32401 (MLS# 824314)

2505 15 TH Street, Panama City, FL 32401

$3,650,000

Property Type: Commercial for Sale Lot Size (sq. ft.): 127,195 Status: Sold

Current Price: $3,650,000 List Date: 6/04/2019 Last Modified: 10/12/2024

Description

FOR SALES COMPS ONLY

More Information MLS# 824314

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© 2020 and is owned either by the Emerald Coast Association of REALTORS®, Inc or by the developers of the software, FBS, Inc. All rights reserved.