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3707 W 23rd St 950 SF Office Building Panama City, FL 32405 $315,000 ($331.58/SF)
Investment Highlights
- 950 SF single-tenant office
- Commercial zoning
- Efficient layout for small business use
- Renovated in 2005
- Dedicated on-site parking
Executive Summary
Prime owner-user opportunity in central Panama City. This 950 SF standalone office building offers an efficient single-tenant layout ideal for professional services, small business headquarters, or boutique office users. Originally built in 1942 and renovated in 2005, the property blends character with functional updates.
Situated on a 0.10-acre commercially zoned lot, the site provides convenient access and dedicated on-site parking. The manageable size and competitive $315,000 price point make this an attractive option for users looking to control occupancy costs while building equity.
Well-positioned near major thoroughfares and surrounding commercial activity, this property offers strong visibility and accessibility for clients and staff. Ideal for owner-users seeking an affordable entry into property ownership in the Panama City market.
Situated on a 0.10-acre commercially zoned lot, the site provides convenient access and dedicated on-site parking. The manageable size and competitive $315,000 price point make this an attractive option for users looking to control occupancy costs while building equity.
Well-positioned near major thoroughfares and surrounding commercial activity, this property offers strong visibility and accessibility for clients and staff. Ideal for owner-users seeking an affordable entry into property ownership in the Panama City market.
Property Facts
Sale Type
Owner User
Property Type
Office
Building Size
950 SF
Building Class
C
Year Built/Renovated
1942/2005
Price
$315,000
Price Per SF
$331.58
Tenancy
Single
Building Height
1 Story
Typical Floor Size
950 SF
Building FAR
0.22
Lot Size
0.10 AC
Zoning
Commercial
Parking
2 Spaces (2.11 Spaces per 1,000 SF Leased)
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Property Taxes
| Parcel Number | 27963-000-000 | Improvements Assessment | $41,918 |
| Land Assessment | $54,000 | Total Assessment | $95,918 |
Property Taxes
Parcel Number
27963-000-000
Land Assessment
$54,000
Improvements Assessment
$41,918
Total Assessment
$95,918
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Presented by
Gulf Life Real Estate Inc
3707 W 23rd St
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