534 Oak Avenue Avenue
Panama City, FL 32401
MLS# 765908
Status:
Sold7530 sqft
Property DescriptionVery Rare manufacturing Facility in Downtown Panama City, with adjacent Laydown Yard with multiple access points. The building is 7,530 +/- SF, there are three roll up doors two that are 12x12 and one that is 12x14. The building has three offices and a reception area, three phase power is available and the building is concrete block construction. The building is located in the Downtown Panama City Social District and is zoned light manufacturing. There is a second-floor mezzanine in the building that can be used for storage, the square footage of the mezzanine is not included in the square footage of the building.
List Price/SqFt: 166
List Date: 2024-11-18
List Price: $1,250,000
Current Price: $1,175,000
Sub Area: 0203 - Bay - Central SW
Community/Resort: None
Waterfront: No
Elementary School: Cherry Street
Middle School: Jinks
High School: Bay
Directions: From Business 98 turn on W 6th street and the onto Oak Avenue
Area: 02 - Bay County - Central
Street #: 534
Street Name: Oak Avenue
Street Suffix: Avenue
State: FL
Zip Code: 32401
County: Bay
Subdivision: No Named Subdivision
Parcel ID: 20130-000-000
Legal Description: RESUBDIV BLK 30 LOTS 16,17,18,19 ORB 841 P 464
List Class: Commercial
Acreage: 0.69
Construction Status: Construction Complete
SqFt Tot Bldg: 7530
Remarks: Very Rare manufacturing Facility in Downtown Panama City, with adjacent Laydown Yard with multiple access points. The building is 7,530 +/- SF, there are three roll up doors two that are 12x12 and one that is 12x14. The building has three offices and a reception area, three phase power is available and the building is concrete block construction. The building is located in the Downtown Panama City Social District and is zoned light manufacturing. There is a second-floor mezzanine in the building that can be used for storage, the square footage of the mezzanine is not included in the square footage of the building.
Sold Price/SqFt: 156.04
Sold Price/Acre: 1702898.55
Status: Sold
Under Contract Date: 2025-03-10
Sold Date: 2025-03-10
Sold Price: $1,175,000
Listing Office: NAI TALCOR
Last Updated: April - 17 - 2025
Information deemed reliable but not guaranteed.