2309 Frankford Avenue, Panama City, FL 32405
$1,199,000
Property Type:
Commercial for Sale
Square Footage:
3,555
Lot Size (sq. ft.):
15,246
Status:
Active
Current Price:
$1,199,000
List Date:
3/07/2026
Last Modified:
4/16/2026
Listing Details MLS# 786458
Contract Info
- List Price/SqFt
- 337.27
- Sub-Type
- Other
Location
- Area
- 02 – Bay County – Central
- Street #
- 2309
- Street Name
- Frankford
- Street Suffix
- Avenue
- State
- FL
- Zip Code
- 32405
- County
- Bay
- Sub Area
- 0204 – Bay – Central NW
- Subdivision
- No Named Subdivision
- Community/Resort
- None
- Waterfront
- No
- Parcel ID
- 26750-000-000
- Elementary School
- Northside
- Middle School
- Jinks
- High School
- Bay
- Directions
- from Panama City Beach; drive over Bridge, right 2 lanes to exit onto 23rd St, 1-1/2 mile on Lefty, Corner Frankford & 23rd St across from Cramer GMC Cadillac & Enterprise. Directions from Hwy 231 South, Turn Right on 23rd St, 2miles on Right. Directions from Hwy 390 South, turn Left on Frankford Ave, 1/4 mile on Right.
- Legal Description
- 25 3S 15W -20- 79A BEG 50' N & 50 ' W OF SE COR TH W 77.5' N 225' E 88.98' S 225' TO POB ORB 3224 P 1234
General Property Info
- List Class
- Commercial
- Construction Status
- Construction Complete
- Acreage
- 0.35
- SqFt Tot Bldg
- 3555
- Year Built
- 1996
Listing Info, Tax and Legal
- HOA Fee
- No
Remarks & Misc
- Remarks
- 2ea Office Buildings Furnished . $1,199,000 3,555 Total Sq.Ft. Seller Financing 5% DOWN & NET monthly mortgage payment $4399 Building#1 2309 Frankford Ave Panama City FL 32405 Brick Office Building built 1999, 1871sq.ft. Currently 5-yr Lease Income: $3500.00 monthly ($42,000.00yr) Leased to Pyne Law Firm Building #2 2104 W 23rd St. Panama City FL 32405 1684sq.ft. Brick Building, 5 offices, lobby, kitchen/break room, Men's & Women's bathrooms, Copier Room, Stock Room & Storage room, COVERED parking, rear entrance to lockable rear office, ideal for a Professional practice. Paved Parking Lot with ample parking on 15,246 Sq Ft Lot, High Traffic Count corner location at lighted intersection on main street thoroughfare. 2ea Street Signs permitted & installed. Also includes $5,000.00 Annual income for Digital Billboard on edge of property. MLS#786458 – 2309 Frankford Ave, Panama City, FL 32405 $1,199,000 ($337/SF) Owner Financing-5% down, 30yr Mortgage 7.95% APR NET monthly mortgage payment is $4399.mo (30-yr Mortgage Payment is $8318.mo offset by -$3500.mo Lease Income and -$416.mo Digital Billboard income) EXPENSES: FPL Florida Power & Light base charge only $39 monthly. Includes 11.5 KW Solar Panel Photovoltaic System reducing electrical costs to $39 monthly. Property Tax 2026 $421mo ($5056.yr) BOP Business Owners Policy $827.mo ($9,924.yr) Wifi/Internet $170.mo (included paid for the first year)
More Information
Utilities
- Electricity – Connected
- Yes
Floors in Unit/Home
- One
- Yes
Property Features
Utilities:
Electricity – Connected
Listing Office:
Savvy Avenue LLC
Last Updated: April – 16 – 2026
Information deemed reliable but not guaranteed.