221 E 23rd Street, Panama City, FL 32405
$1,350,000
Property Type:
Commercial for Sale
Square Footage:
8,468
Lot Size (sq. ft.):
27,878
Status:
Sold
Current Price:
$1,495,000
List Date:
5/11/2019
Last Modified:
10/04/2024
Description
This is a medical office building with four units currently has all units rented. The units consist of doctors offices and three tenants have been in their location for extended periods of time. Suites C,D,E and F are month to month. Suite B has a 42 months +- remaining on the lease. Unit A has a 3 year lease.
More Information MLS# 683535
Contract Info
List Price/SqFt: 176.55
List Date: 2019-05-11
List Price: $1,495,000
Current Price: $1,350,000
Sub-Type: Income Producing
Location
Sub Area: 0204 - Bay - Central NW
Community/Resort: None
Waterfront: No
Elementary School: Hiland Park
Middle School: Jinks
High School: Bay
Section: 28
Directions: From Harrison Avenue and 23rd street proceed East to the above address. There is not a sign on the property
Township: 3s
Range: 14w
Area: 02 - Bay County - Central
Street #: 221
Street Direction: E
Street Name: 23rd
Street Suffix: Street
State: FL
Zip Code: 32405
County: Bay
Subdivision: St. Andrews Bay Dev. Co.
Parcel ID: 12976-013-000
Legal Description: 28 3S 14W -107.12- 104B ST AND BAY DEV CO PLAT BEG 50' N & 115' E OF SW COR LOT 122 TH N 280' E 100' S 280 W 100' TO POB ORB 873 P 432 ORB 1484 P 1447
General Property Info
List Class: Commercial
Site Dimensions: 280x100
Acreage: 0.64
Possession Date: immediate
Construction Status: Construction Complete
# of Units: 6
SqFt HVAC: 7820
SqFt Retail: 0
SqFt - Office: 6969
Frontage Ft: 100
SqFt Tot Bldg: 8468
Lot Depth: 280
Lot SqFt: 27965.5
Ceiling Height: 8
Year Built: 1980
Listing Info, Tax and Legal
HOA Fee: No
Remarks & Misc
Remarks: This is a medical office building with four units currently has all units rented. The units consist of doctors offices and three tenants have been in their location for extended periods of time. Suites C,D,E and F are month to month. Suite B has a 42 months +- remaining on the lease. Unit A has a 3 year lease.
Status Change Info
Sold Price/SqFt: 159.42
Sold Price/Acre: 2109375
Status: Sold
Under Contract Date: 2023-08-16
Sold Date: 2023-10-02
Sold Price: $1,350,000
Office
Year Built: 1980
Building SqFt: 8468
Property Type: Medical
Actual Gross Income: 104400
# of Units: 6
Construction/Siding
Floor - Vinyl: 1
Roof - Metal: 1
Siding - Stucco: 1
Energy
AC - 2 or More: 1
Heat - Two or More: 1
Water Heater - Electric: 1
Financing
Cash: 1
Present Zoning
Commercial: 1
Utilities
All Utilities: 1
Public Sewer - Connected: 1
Water Connected: 1
Sale Type
As Is: 1
Business Only
Year Built: 1980
Building SqFt: 8468
Actual Gross Income: 104400
Business/Property
Freestanding Building: 1
Floors in Unit/Home
One: 1
Heating/Cooling
AC - Central: 1
AC - HVAC: 1
Heat - HVAC: 1
Transport. Access
4-Lane: 1
Center Turn Lane: 1
Divided Highway: 1
State Road: 1
Property Features
Energy: AC - 2 or More; Heat - Two or More; Water Heater - Electric
Financing: Cash
Present Zoning: Commercial
Sale Type: As Is
Utilities: All Utilities; Public Sewer - Connected; Water Connected
Listing Office:
Five Oaks Realty
Last Updated: October - 04 - 2024
Broker Attribution:
[email protected]
Information deemed reliable but not guaranteed.