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436 Harrison Avenue, 6, Panama City, FL 32401

$378,250
Property Type: Residential Bedrooms: 1 Baths: 1 Square Footage: 656 Status: Active
Current Price: $378,250 List Date: 3/29/2024 Last Modified: 4/16/2024

Description

Introducing The Mashburn Building, an iconic structure featuring four stories and 27,000 square feet of historical charm, offering 18 industrial-style residential lofts. Located in the vibrant heart of Historic Downtown Panama City, this distinctive development features a dynamic fusion of commercial and residential spaces spread across multiple levels. Providing versatile layouts tailored to diverse preferences, encompassing co-working spaces, a restaurant, an inviting members-only lounge, and the potential addition of a rooftop lounge. Elevate your lifestyle on floors three and four with Loft 6, offering stunning views to the south encompassing St. Andrews Bay and Downtown Panama City. This loft seamlessly blends classic charm with contemporary elegance, boasting industrial-inspired design elements like concrete floors paired with nearly 12-foot-tall ceilings. The kitchen will feature sleek stainless steel appliances and luxurious quartz countertops, enhancing the appeal of these remarkable spaces. Step right onto Harrison Ave and immerse yourself in the vibrant atmosphere of Downtown Panama City. Explore a plethora of dining options, breweries, coffee shops, boutique shopping, art and photo galleries, pilates and boxing club, a marina, and much more just moments away. An enticing opportunity awaits investors seeking a second home, vacation retreat, or income-generating property at an attractive price point. The initial five buyers who sign and place their deposit will enjoy a year of complimentary leasing for a private parking spot. Presently, the renderings are in the conceptual stage, characterized by artistic interpretation. More precise renderings will be developed as construction progresses. Construction projected to be completed by end of 2025.

More Information MLS# 754952

Contract Info

Status: Active List Date: 2024-03-29 List Price: $378,250 List Price/SqFt: 576.6 Current Price: $378,250

Location

Area: 02 - Bay County - Central Street #: 436 Street Name: Harrison Street Suffix: Avenue Unit #: 6 State: FL Zip Code: 32401 County: Bay Sub Area: 0203 - Bay - Central SW Subdivision: No Named Subdivision Community/Resort: None Waterfront: No Parcel ID: 19553-000-000 Elementary School: Cherry Street Middle School: Jinks High School: Bay Directions: From 98, South on Harrison Ave to Downtown Panama City. The Mashburn Building will be on your Left. Legal Description: GULF COAST DEV CO PLAT LOT 10 BLK 2 ORB 4632 P 12

General Property Info

Sub-Type: Condominium Design: Mid-Rise (4-7 floors) Apx SqFt(Htd/Cooled): 656 SqFt Source: Builders Plans Bedrooms: 1 Full Baths: 1 Total Baths: 1 # of Stories in Building: 4 Floor Number: 3 # of Units in Bldg: 18 Year Built: 2025 Immediate Occupancy: No Construction Status: To Be Built Garage Y/N: No Lot Dimensions: Condo

Listing Info, Tax and Legal

HOA Fee: Yes HOA Amount: 991 HOA Frequency: Quarterly HOA Annual Amount: 3964 New Buyer Fee: No Brokerage Interest: Familial Interest - Listing Broker/Licensee related to owner. Condo Doc: Yes

Remarks & Misc

Remarks: Introducing The Mashburn Building, an iconic structure featuring four stories and 27,000 square feet of historical charm, offering 18 industrial-style residential lofts. Located in the vibrant heart of Historic Downtown Panama City, this distinctive development features a dynamic fusion of commercial and residential spaces spread across multiple levels. Providing versatile layouts tailored to diverse preferences, encompassing co-working spaces, a restaurant, an inviting members-only lounge, and the potential addition of a rooftop lounge. Elevate your lifestyle on floors three and four with Loft 6, offering stunning views to the south encompassing St. Andrews Bay and Downtown Panama City. This loft seamlessly blends classic charm with contemporary elegance, boasting industrial-inspired design elements like concrete floors paired with nearly 12-foot-tall ceilings. The kitchen will feature sleek stainless steel appliances and luxurious quartz countertops, enhancing the appeal of these remarkable spaces. Step right onto Harrison Ave and immerse yourself in the vibrant atmosphere of Downtown Panama City. Explore a plethora of dining options, breweries, coffee shops, boutique shopping, art and photo galleries, pilates and boxing club, a marina, and much more just moments away. An enticing opportunity awaits investors seeking a second home, vacation retreat, or income-generating property at an attractive price point. The initial five buyers who sign and place their deposit will enjoy a year of complimentary leasing for a private parking spot. Presently, the renderings are in the conceptual stage, characterized by artistic interpretation. More precise renderings will be developed as construction progresses. Construction projected to be completed by end of 2025.

Property Features

Appliances: Dishwasher; Oven - Electric; Range - Electric Bedroom: First Construction/Siding: Brick; Concrete Cooling: Ceiling Fan(s); Electric Heating: Electric Fees Include: Insurance; Trash Disposal Financing: Cash Furnished: Unfurnished Kitchen: First Lot Features: Near Public Boat Ramp; Restrictions; Within 1/2 Mile to Water Lot Access: Paved Road Mstr Bdrm/Mstr Bath: MBath Shower Only Project Facilities: Community Room; Dumpster; Elevators; Owner's Pets Allowed; Short Term Rental Allowed Rooms: Bedroom; Kitchen Special List Prov: Condo Association Utilities: Electricity Connected; Sewer Connected; Water Connected Waterview: Bay

Room Information

Kitchen Level: First Dimensions: 9 x 12.5 Length: 9.00 Width: 12.50 Dimensions: 9 x 12.5 Remarks: See Plans Bedroom Level: First Dimensions: 12.5 x 12 Length: 12.50 Width: 12.00 Dimensions: 12.5 x 12 Remarks: See Plans
Listing Office: Counts Real Estate Group Inc
Last Updated: April - 16 - 2024

The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.

Information deemed reliable but not guaranteed.