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$1,250,000
20 Beds ⋅ 10 Baths ⋅ 759896 MLS
Situated at 1000 Transmitter Rd, this property unveils a compelling investment opportunity featuring ten extensively renovated two-bedroom, one-bathroom units, each approved for Section 8 rentals at an attractive rate of $1300 per unit. Boasting contemporary amenities, including full-sized kitchens, washer and dryer hookups, separate metering, a 2019-permitted roof, 2020 water heaters, 2020 HVAC (excluding condensers), a new deck, updated sewer lines, wiring, and a refurbished parking lot with ample tenant parking, these 830 sqft units epitomize modern living. Nestled in the heart of Bay County, Florida, the city of Panama City has experienced a remarkable population surge, reaching 36,775 residents in 2023--a 12.27% increase since the 2020 census. With an annual growth rate of 3.93%, Panama City stands as a testament to economic resilience, offering compelling prospects for both residents and businesses. The city's average household income of $70,585 fosters financial well-being in the community. Additionally, the recent boost in military construction funding for Tyndall Air Force Base, reaching an impressive $3.4 billion, not only marks a pivotal moment in the base's recovery from Hurricane Michael but is expected to drive job growth and housing demand in the surrounding area, painting a promising economic landscape. As Tyndall AFB transforms into an ''installation of the future,'' this property at 1000 Transmitter Rd becomes not just a home but a strategic investment within a thriving community poised for economic revitalization. Parcels include 15029-085-000, 15029-085-001, & 15029-085-002

1000 Transmitter Road, Panama City
$1,400,000
758581 MLS
Truly a rare find, this is a beautiful, stand alone, professional office building in excellent condition, in a central location to anywhere in our market. Everything your 'Class A' type buyer is expecting is here, featuring multiple executive offices, beautiful board room, large kitchen/breakroom, with 'Class A' level design and interior touches throughout. The attractive setting features a large parking area with 32 designated spaces. Contact your professional clients who are looking for a larger space today and arrange your tour before this one is gone.

306 E 19th Street, Panama City
$1,750,000
20 Beds ⋅ 15 Baths ⋅ 754439 MLS
RARE opportunity to own 10(TEN) 2 bedroom/ 1.5 bath townhomes complete with an additional parcel! Each unit has a separate address and meter making it EASY to manage. Currently used as a mixture of short term rentals, mid-term rentals, staff housing and storage. The proximity to Tyndall AFB, Mexico Beach, Panama City and Panama City Beach make this a DON'T MISS. Owner financing may be an option with a sizable down payment and agreeable terms. Do not disturb guests/tenants. BUYER TO VERIFY ALL INFORMATION DEEMED IMPORTANT. Most furnishings convey. Photos are from one unit. Floor plans are same but furnishings and finishes vary.

4480 E Highway 98, Panama City
$500,000
755277 MLS
UNDER CONTRACT- Taking backup offers. Here is an incredible opportunity to be a part of the Historical Downtown Panama City corridor and the revitalized City Marina area! This building is currently setup as a church with upstairs office and storage space, however the possibilities are endless for potential usages. Formerly 4 separate commercial spaces and can be converted back with some work. Or convert to retail with living above, or an event space with second story waterviews! Or how about a terrace on top restaurant and bar with waterviews? Parking lot with approx 50 spaces! Unheard of downtown! This .74 acre parcel also has a unique alley road access making entry/exit advantageous for multiple businesses. Or remove it all and start from scratch with fresh vision! Building will need foundational work before occupancy. Close to the Martin Theatre, Hotel Indigo, the Marina Civic Center, PC Visitor Center and the upcoming Marina to Marina walking path. Parcels like this do not come available often so don't miss out on this!

402 Jenks Avenue, Panama City
$2,200,000
754742 MLS
Welcome to an unparalleled investment opportunity in Panama City, Florida! Presenting a meticulously maintained apartment complex comprising 20 units, each boasting two bedrooms, one bath, and a generous 750 square feet of living space. Nestled conveniently in five two-story buildings, this property offers efficiency and quality in its design and layout.🌟 Prime Location: Situated just one block away from South Tyndall Parkway, this apartment complex provides tenants easy access to essential amenities, transportation routes, and thriving restaurants, grocery and retail centers. The community of Callaway, Florida, is strategically positioned amidst a landscape of burgeoning growth and development, making it an ideal locale for savvy investors seeking promising returns.🔨 Exceptional Resilience: In the wake of Hurricane Michael's impact in 2018, the region embarked on a remarkable journey of reconstruction and revitalization. Callaway stands as a testament to resilience, with communities and industries rallying together to rebuild stronger than ever before. The commitment of the Department of Defense to invest $5.9 Billion in the rebuild of Tyndall Air Force Base has catalyzed unprecedented economic growth, driving demand for housing and infrastructure in the area.📈 Unprecedented Growth: The influx of defense-related projects and economic development initiatives has propelled Callaway and its surrounding areas into a period of unparalleled growth. With one-third of the region's economy anchored in the defense industry, the demand for housing has surged, presenting investors with a solid opportunity for return on investment.🛩️ Base of the Future: Tyndall Air Force Base's transformation into the 'Base of the Future' signifies a monumental leap forward in defense infrastructure. With the Air Force's commitment to deploying three fighter squadrons and the addition of over 600 military jobs per squadron, the demand for housing in Callaway is poised to skyrocket. Moreover, the surge in construction activity, employing up to 4,000 workers, underscores the sustained economic vitality of the region.⚓ Thriving Naval Presence: Naval Support Activity Panama City further enhances the area's economic vibrancy, with major tenant commands driving innovation and growth. From the Naval Surface Warfare Center, Navy Dive and Salvage Training Center to the Naval Experimental Dive Unit, both the US Coast Guard and naval presence in Panama City contributes significantly to the region's stability and prosperity.Don't miss out on this exceptional opportunity to invest in the future of the communities surrounding Tyndall, including Callaway, Florida. With its strategic location, resilient community, and unprecedented growth prospects, this apartment complex promises enduring value and substantial returns for discerning investors. Seize the moment and make your mark in one of Florida's most dynamic and promising investment destinations! Detailed financial data is available with signed NDA.

718 S Gay Avenue, Panama City
$1,650,000
727051 MLS
9,002 +/- SF freestanding office building located at 107 W 19th Street, Panama City, near HCA Gulf Coast Medical Center. The building was a designed for a large medical office with a central hub & four (4) wings. Each of the building's four wings has a physician's office, four (4) exam rooms (12 in total), and a nurses station, plus two large waiting rooms/ lobby areas, staff break, and practice administrative areas (Floor Plan Available in the Documents Section)

107 W 19th Street, Panama City
$1,350,000
683535 MLS
This is a medical office building with four units currently has all units rented. The units consist of doctors offices and three tenants have been in their location for extended periods of time. Suites C,D,E and F are month to month. Suite B has a 42 months +- remaining on the lease. Unit A has a 3 year lease.

221 E 23rd Street, Panama City