400 E 16th Street, Panama City, FL 32405 (MLS# 762611)

400 E 16th Street, Panama City, FL 32405

$875,000

Property Type: Commercial for Sale Square Footage: 8,415 Lot Size (sq. ft.): 39,204 Status: Sold

Current Price: $875,000 List Date: 9/13/2024 Last Modified: 11/04/2024

Overview

Description

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.

Listing Details MLS# 762611

Contract Info

List Price/SqFt: 118.24
Sub-Type: Industrial

Location

Area: 02 – Bay County – Central
Street #: 400
Street Direction: E
Street Name: 16th
Street Suffix: Street
State: FL
Zip Code: 32405
County: Bay
Sub Area: 0203 – Bay – Central SW
Subdivision: No Named Subdivision
Community/Resort: None
Waterfront: No
Parcel ID: 14461-000-000
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.
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

General Property Info

List Class: Industrial
Construction Status: Construction Complete
Acreage: 0.9
SqFt – Office: 6000
SqFt – Warehouse: 2415
SqFt Tot Bldg: 8415
Year Built: 2002

Status Change Info

Under Contract Date: 2024-09-16
Sold Date: 2024-11-01
Sold Price/SqFt: 103.98
Sold Price/Acre: 972222.22

Listing Info, Tax and Legal

HOA Fee: No

Remarks & Misc

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.

More Information

Office/Member Info

Seller Concessioins: No

Financing

Cash: Yes
Conventional: Yes

Utilities

Electricity – Connected: Yes
Public Sewer – Connected: Yes
Water Connected: Yes

Floors in Unit/Home

Two: Yes

Property Features

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.