619 MLK Boulevard, Panama City, FL 32401

$1,250,000
Property Type: Commercial for Sale Square Footage: 7,661 Lot Size (sq. ft.): 19,166 Status: Sold
Current Price: $1,250,000 List Date: 10/23/2024 Last Modified: 6/04/2025

Overview

Description

COMPLETELY UPDATED MEDICAL BUILDING DIRECTLY ACROSS THE STREET FROM ASCENSION SACRED HEART HOSPITAL WITH HIGH TRAFFIC COUNT! This medical building consists of two separate buildings that can each accommodate medical offices, and the second building also has an additional private office and apartment. The main building with approximately 3,864 SF features a reception area with large waiting room, six exam rooms, five offices, a medical supply/surgery room and two bathrooms. The second building has approximately 3,268 SF that includes a reception office and waiting area, four exam rooms, surgical room, large office and 2 bathrooms. As part of this building, there is also a separate private office with its own entry and bathroom, as well as a two-bedroom apartment at the west end of the building that would be perfect for traveling personnel. All exam rooms have been plumbed with sinks, and the buildings have both 220 and 110 electric. These offices are all move-in ready!!

Listing Details MLS# 764175

Contract Info

List Price/SqFt
195.8
Sub-Type
Office

Location

Area
02 – Bay County – Central
Street #
619
Street Name
MLK
Street Suffix
Boulevard
State
FL
Zip Code
32401
County
Bay
Sub Area
0203 – Bay – Central SW
Subdivision
Sudduths 1st Add
Community/Resort
Bunkers Cove
Waterfront
No
Parcel ID
20368-000-000
Elementary School
Cherry Street
Middle School
Jinks
High School
Bay
Directions
South on MLK Bld., (Hwy. 77) to between 6th and 7th St. on your right. This Medical Office Building is directly across from Ascension Sacred Heart Hospital.
Legal Description
SUDDUTHS 1ST ADD. LOTS 10,11,12 BLK 1 ORB 1741 P 1089 LESS HWY 77 R/W DOT PRCL# 110 ORB 2311 P 1485 ORB 2631 P 1539

General Property Info

List Class
Commercial
Immediate Occupancy
Yes
Construction Status
Construction Complete
# of Stories in Building
Yes
Site Dimensions
150 x 129
Acreage
0.44
Frontage Ft
150
Lot Depth
129
Lot SqFt
19350
SqFt HVAC
7132
SqFt – Office
7132
SqFt Tot Bldg
7661
Year Built
1963

Status Change Info

Under Contract Date
2025-03-20
Sold Date
2025-05-30
Sold Price/SqFt
163.16
Sold Price/Acre
2840909.09

Office

Year Built
1963
Building SqFt
7132

Other

Year Built
1963
Net Operating Income
113750

More Information

Listing Info, Tax and Legal

HOA Fee
No

Remarks & Misc

Remarks
COMPLETELY UPDATED MEDICAL BUILDING DIRECTLY ACROSS THE STREET FROM ASCENSION SACRED HEART HOSPITAL WITH HIGH TRAFFIC COUNT! This medical building consists of two separate buildings that can each accommodate medical offices, and the second building also has an additional private office and apartment. The main building with approximately 3,864 SF features a reception area with large waiting room, six exam rooms, five offices, a medical supply/surgery room and two bathrooms. The second building has approximately 3,268 SF that includes a reception office and waiting area, four exam rooms, surgical room, large office and 2 bathrooms. As part of this building, there is also a separate private office with its own entry and bathroom, as well as a two-bedroom apartment at the west end of the building that would be perfect for traveling personnel. All exam rooms have been plumbed with sinks, and the buildings have both 220 and 110 electric. These offices are all move-in ready!!

Office/Member Info

Seller Concessioins
No

Construction/Siding

Block
Yes
Roof – Metal
Yes
Siding – Stucco
Yes

Energy

AC – 2 or More
Yes
AC – Central Elect
Yes
Heat – Central Electric
Yes
Water Heater – Electric
Yes

Financing

Cash
Yes
Conventional
Yes

Present Zoning

City
Yes
Commercial
Yes

Utilities

All Utilities
Yes
Electricity – Connected
Yes
Public Sewer – Connected
Yes
Water Connected
Yes

Accessibility Features

Accessible Approach with Ramp
Yes
Accessible Common Area
Yes

Sale Type

As Is
Yes

Business/Property

Freestanding Building
Yes
Furnished – None
Yes
Kitchen Area
Yes
Living Quarters
Yes
Office Area
Yes
Restrooms – Private
Yes

Floors in Unit/Home

One
Yes

Heating/Cooling

AC – HVAC
Yes
Heat – HVAC
Yes

Offering Type

Real Estate
Yes

Pricing Type

Sale Price
Yes

Site Description

Cleared
Yes
Corner Location
Yes
Landscaped
Yes
Survey
Yes

Transport. Access

4-Lane
Yes
Divided Highway
Yes
Paved
Yes

Property Features

Accessibility Features: Accessible Approach with Ramp; Accessible Common Area Energy: AC – 2 or More; AC – Central Elect; Heat – Central Electric; Water Heater – Electric Financing: Cash; Conventional Offering Type: Real Estate Pricing Type: Sale Price Present Zoning: Commercial Sale Type: As Is Site Description: Cleared; Corner Location; Landscaped; Survey Utilities: All Utilities; Electricity – Connected; Public Sewer – Connected; Water Connected
Listing Office: Anchor Realty Florida
Last Updated: June – 04 – 2025
Information deemed reliable but not guaranteed.