2026 Hinson Avenue, Panama City Beach, FL 32407
$745,000
Property Type:
Commercial for Sale
Square Footage:
6,106
Lot Size (sq. ft.):
70,567
Status:
Sold
Current Price:
$799,000
List Date:
2/21/2025
Last Modified:
4/08/2025
Description
Income producing property with huge upside potential. The property currently features 8 rental units with multiple warehouses, storage buildings and additional units that can be restored or replaced. Currently grossing approximately $9,400/month. Presently zoned R-5 (Bay County). Fix up the buildings for additional income or enjoy the current cash flow and develop in the future. Excellent location near Front Beach Road. Call today and explore the endless possibilities.
More Information MLS# 769189
Contract Info
List Price/SqFt: 130.85
List Date: 2025-02-21
List Price: $799,000
Current Price: $745,000
Sub-Type: Income Producing
Location
Sub Area: 0320 – Beach – Middle Central
Community/Resort: None
Waterfront: No
Elementary School: Breakfast Point
Middle School: Breakfast Point
High School: Arnold
Directions: Traveling west over Hathaway Bridge, continue straight onto Front Beach Rd, turn right on Hinson Ave, property is on the right.
Area: 03 – Bay County – Beach
Street #: 2026
Street Name: Hinson
Street Suffix: Avenue
State: FL
Zip Code: 32407
County: Bay
Subdivision: Pines Subdivision
Parcel ID: 27681-000-000
Legal Description: PINES SUBDIV LOT 29 & BEG NW COR LOT 28 TH E 250′ S 60′ W 150′ S 9′ W 100′ N 69 ‘ TO POB BLK 5 ORB 3279 P 1002
General Property Info
List Class: Other
Acreage: 1.62
Construction Status: Construction Complete
# of Units: 8
SqFt Tot Bldg: 6106
Year Built: 1952
Listing Info, Tax and Legal
HOA Fee: No
Remarks & Misc
Remarks: Income producing property with huge upside potential. The property currently features 8 rental units with multiple warehouses, storage buildings and additional units that can be restored or replaced. Currently grossing approximately $9,400/month. Presently zoned R-5 (Bay County). Fix up the buildings for additional income or enjoy the current cash flow and develop in the future. Excellent location near Front Beach Road. Call today and explore the endless possibilities.
Status Change Info
Sold Price/SqFt: 122.01
Sold Price/Acre: 459876.54
Status: Sold
Under Contract Date: 2025-03-05
Sold Date: 2025-04-07
Sold Price: $745,000
Other Structures
Shed(s): 1
Storage: 1
Workshop: 1
Other: 1
Financing
Cash: 1
Conventional: 1
Sale Type
As Is: 1
Floors in Unit/Home
One: 1
Income Producing
Annual Gross Income: 112800
Property Features
Financing: Cash; Conventional
Other Structures: Shed(s); Storage; Workshop; Other
Sale Type: As Is
Listing Office:
CENTURY 21 Commander Realty
Last Updated: April – 08 – 2025
Information deemed reliable but not guaranteed.