1229 Airport Road, Panama City, FL 32405
$325,000
Property Type:
Commercial for Sale
Square Footage:
1,812
Lot Size (sq. ft.):
8,712
Status:
Sold
Current Price:
$325,000
List Date:
4/22/2022
Last Modified:
12/07/2022
Description
The building is 1,792 square feet and was completely renovated both inside and out. Features include: vaulted ceilings, four offices, conference room, and more. This building has been leased to an income producing tenant and lease conveys with sale. The seller is in the process of moving the east lot line of the property and having the property annexed into the city limits of Panama City. It will be zoned GC-1 (General Commercial). The lot line adjustment will reduce the lot size to +/-0.2 acres. The building is currently leased to ''Panhandle Behavioral Services. The annual net rent is currently $24,009, and the lease expires 8/31/24. The adjacent building on the corner at 1225 Airport Road is also available at $594,600. The building contains 4,260 SF. See MLS #725520
More Information MLS# 725522
Contract Info
List Date: 2022-03-31
List Price: $325,000
List Price/SqFt: 179.36
Current Price: $310,000
Sub-Type: Office
Location
Area: 02 - Bay County - Central
Street #: 1229
Street Name: Airport
Street Suffix: Road
State: FL
Zip Code: 32405
County: Bay
Sub Area: 0204 - Bay - Central NW
Subdivision: [No Recorded Subdiv]
Community/Resort: None
Waterfront: No
Parcel ID: 13698-010-000
Elementary School: Northside
Middle School: Jinks
High School: Bay
Directions: Head West on 23rd Street to Airport Road. Property will be on the South side of Airport Road just before Winona Drive. From Beaches, head East on 23rd Street then North on Winona Drive to Airport Drive. Property will be on immediate left.
Legal Description: 6TH ADD FOREST PARK MAP91B4 COM AT NE COR LOT 13 BLK A 1ST ADD TO FOREST PARK SELY ALG SLY R/W AIRPORT RD 36.24' FOR POB TH CONT ALG R/W 109.64 SWLY 146.17' WLY 65.04' N 112.57' W 7.51' N 7.4' NELY 64.41' TO POB AKA PART OF LOT 1 BLK Y & PCL ADJOINING ON N SIDE TO AIRPORT RD BLK Y ORB 1713 P 1024**AND** PCL: COM AT NE COR LOT 13 SELY 36.24' FOR POB TH SWLY 64' S 53.05' TO SLY COR LOT 13 NWLY 20.50
General Property Info
List Class: Commercial
Immediate Occupancy: No
Possession Date: TBD
Construction Status: Construction Complete
# of Units: 1
# of Stories in Building: 1
Acreage: 0.2
SqFt HVAC: 1792
SqFt Retail: 1792
SqFt - Office: 1792
SqFt Tot Bldg: 1812
Year Built: 1985
Listing Info, Tax and Legal
HOA Fee: No
Status Change Info
Status: Sold
Under Contract Date: 2022-11-28
Sold Date: 2022-12-07
Sold Price: $310,000
Sold Price/SqFt: 171.08
Sold Price/Acre: 1550000
Property Features
Business/Property: Restrooms - Private; Restrooms - Public
Construction/Siding: Floor - W/W Carpet; Roof - Shingle/Shake; Siding - Stucco
Energy: AC - Central Elect
Floors in Unit/Home: One
Heating/Cooling: AC - Central
Present Zoning: Commercial
Transport. Access: 2-Lane
Utilities: All Utilities
Listing Office: Counts Real Estate Group Inc
Last Updated: December - 07 - 2022
The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.
Information deemed reliable but not guaranteed.