534 Oak Avenue Avenue, Panama City, FL 32401
$1,175,000
Property Type:
Commercial for Sale
Square Footage:
7,530
Lot Size (sq. ft.):
30,056
Status:
Sold
Current Price:
$1,250,000
List Date:
12/06/2024
Last Modified:
4/17/2025
Description
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 12×12 and one that is 12×14. 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.
More Information MLS# 765908
Contract Info
List Price/SqFt: 166
List Date: 2024-11-18
List Price: $1,250,000
Current Price: $1,175,000
Sub-Type: Industrial
Location
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
General Property Info
List Class: Commercial
Acreage: 0.69
Construction Status: Construction Complete
SqFt Tot Bldg: 7530
Year Built: 1990
Listing Info, Tax and Legal
HOA Fee: No
Remarks & Misc
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 12×12 and one that is 12×14. 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.
Status Change Info
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
Floors in Unit/Home
One: 1
Listing Office:
NAI TALCOR
Last Updated: April – 17 – 2025
Information deemed reliable but not guaranteed.