2306 Hwy 77

Panama City, FL 32405
$1,100,000
4048 sqft | 0.36 acres | #762279
For Sale

Description

Once in a lifetime opportunity to buy one of the best High Traffic corners in Panama City. Corner of 23rd Street and Hwy 77 both are 4 lane, in the heart of the city. This medical building Traffic count is 21,347 daily on 23rd, and 27,219 on Hwy 77. Almost 10 million cars a year go by this property. The sale also includes a Giant Billboard with $1,667 a month income. (renews next april for more). Currently leased on Triple Net lease with approx 7% cap rate. Over 4,000 sf of Medical space. Has a Reception room, lab room, X-ray room, Large office, trauma room, staff room, 2 storage rooms, waiting room and 6 exam rooms. Also has a metal roof, ample parking, Large corner lighted pole sign at the corner by red light for high visibility. Corner lot is 115x130. over 1/3rd of an acre.** The seller is going to accept contracts for 30 days and on Oct 5th they will select the wining buyer based on price and terms. ** information herein is as an estimate only and is not guaranteed for accuracy.

  • Property Details
    • Property
      • Lot description:Corner Lot, Landscaped
    • Measurements
      • Acres:0.36
      • Square Feet:4048
  • Construction Details
    • Type & Style
      • Property type:Purchase
    • Condition
      • Year built:1984
  • Community and Neighborhood Details
    • Community
      • Subdivision:[No Recorded Subdiv]
    • Location
      • Elementary School:Hiland Park
      • Middle School:Mowat
      • High School:Bay
      • County:Bay
  • Financial Details
    • Pricing Details
      • Days on Market (Cumulative):7
  • Other
    • Source
      • MLS #:762279

Location

Legal

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Last Updated: . Source: CPAR

Listing Courtesy
Listing Agent: Butch Metcalf
Listing Office: CitiStar Realty

Central Bay Realty and Property ManagementReal Estate Group
$
years

Down Payment

$
%
10.0%

Interest Rate

%
6.0%

Tax Rate

%
2.6%
$
annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

Estimated Monthly Payment
$0.00
Loan Amount
$0.00

Selling & Buying

About

Contact

    Account

    • Roy F Furst

      Licensed Real Estate Broker

      Central Bay Realty

      Phone: (850) 257-5016

      Email: centralbayrealestate@gmail.com
      © 2024 Central Bay Realty & Property Management. All rights reserved.
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      Copyright© 2022 by the Multiple Listing Service of the Pensacola Association of REALTORS®. This information is believed to be accurate but is not guaranteed. Subject to verification by all parties. This data is copyrighted and may not be transmitted, retransmitted, copied, framed, repurposed, or altered in any way for any other site, individual and/or purpose without the express written permission of the Multiple Listing Service of the Pensacola Association of REALTORS®. Florida recognizes single and transaction agency relationships. Information deemed reliable but not guaranteed. Any use of search facilities of data on this site, other than by a consumer looking to purchase real estate, is prohibited. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

      IDX information is provided exclusively for 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 is deemed reliable but not guaranteed.