400 E 16th Street
Panama City, FL 32405
MLS# 762611
Status:
Sold8415 sqft
Property DescriptionRare find! Flex office/warehouse building in the heart of Panama City with a fenced lay down yard. This property boasts approx 6,000sqft of office space with a full kitchen and bathroom(s), as well as approx 2,415 sqft of warehouse space with two 14ft bay doors. The parcel totals almost an acre providing ample room for a laydown yard, storage, parking, etc. Centrally located providing easy access to Highway 98, Highway 231, Highway 77 and the surrounding areas. Sustaining minimal damage from Hurricane Michael this building was built to last.
List Price/SqFt: 118.24
List Date: 2024-09-13
List Price: $995,000
Current Price: $875,000
Sub Area: 0203 - Bay - Central SW
Community/Resort: None
Waterfront: No
Elementary School: Cedar Grove
Middle School: Jinks
High School: Bay
Directions: Traveling west on Highway 98 turn right onto Wilson Ave, turn left on 16th St, property is on the right.
Area: 02 - Bay County - Central
Street #: 400
Street Direction: E
Street Name: 16th
Street Suffix: Street
County: Bay
Subdivision: No Named Subdivision
Parcel ID: 14461-000-000
Legal Description: 33 3S 14W -54- 104C3 BEG 660' N & 528' W OF SE COR OF SW1/4 OF SW1/4 TH W 132' N 330' E 132' S 330' TO POB ORB 1843 P 1243 ORB 2138 P 1408 SUB TO ESMTS REC IN DB 272 P 500 & ORB 1057 P 255
List Class: Industrial
Acreage: 0.9
Construction Status: Construction Complete
SqFt - Office: 6000
SqFt - Warehouse: 2415
SqFt Tot Bldg: 8415
Remarks: Rare find! Flex office/warehouse building in the heart of Panama City with a fenced lay down yard. This property boasts approx 6,000sqft of office space with a full kitchen and bathroom(s), as well as approx 2,415 sqft of warehouse space with two 14ft bay doors. The parcel totals almost an acre providing ample room for a laydown yard, storage, parking, etc. Centrally located providing easy access to Highway 98, Highway 231, Highway 77 and the surrounding areas. Sustaining minimal damage from Hurricane Michael this building was built to last.
Sold Price/SqFt: 103.98
Sold Price/Acre: 972222.22
Status: Sold
Under Contract Date: 2024-09-16
Sold Date: 2024-11-01
Sold Price: $875,000
Electricity - Connected: 1
Public Sewer - Connected: 1
Financing: Cash; Conventional
Utilities: Electricity - Connected; Public Sewer - Connected; Water Connected
Listing Office: CENTURY 21 Commander Realty
Last Updated: November - 04 - 2024
Information deemed reliable but not guaranteed.