316 W 11th Street, Panama City, FL 32401
SINGLE_FAMILY - Panama City, FL
- Added:
- Mar 18, 2026
- Days on Market:
- 114
- Last Refresh:
- Jul 9 at 12:06 am
Property Features for 316 W 11th Street
General Information
- Property type
- Residential
- Property subtype
- Office
- Standard status
- Active
- APN
- 18534-000-000
- Size
- 1,674 SF
- Lot size
- 0.34 Acres
Taxes and HOA fees
- Tax Description
- N HIGHLAND LOTS 1,2,3 & 4 ALSO PARCEL 30' X 115' ON S SIDE BLK 3 DB 269 P 304 MAP 92A4 ORB 4353 P 1889
Utilities
- Sewer type
- Public Sewer
- Heating system
- Heat Pump (Heating), Central, Electric (Heating)
- Cooling system
- Ceiling Fan(s)
Building Details
- Year built
- 1959
- Flooring type
- Tile
- Building materials
- Block
- Roof type
- Rolled Hot Mop
Listing agent The Jarrett Group (850) 279-5911
Listing office Keller Williams Success Realty 7923 Panama City Beach Pkwy, Panama City Beach, FL (850) 249-0313
Listing date Mar 18, 2026
Copyright © 2026 Central Panhandle Association of REALTORS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- 1959‑built block commercial building with a rolled hot mop roof, tile flooring, and central heat/AC
- Interior includes a lobby with reception counter, 7 private rooms/offices, and a break room with kitchenette
- 3 bathrooms, including 1 with a shower
- Heating includes heat pump and electric options; cooling includes ceiling fan(s)
- Public sewer service; exterior features a newly installed parking lot and an 8‑foot privacy fence
Overview
The building is located at 316 W 11th Street in Panama City, Florida, and is described as being in a high-traffic area just minutes from downtown, with an emphasis on visibility and accessibility for clients and staff. Outside, the improvements include a newly installed parking lot and an 8-foot privacy fence surrounding the premises.
While it previously operated as a tattoo studio, the current layout is well-suited for medical or therapy offices, professional services, boutique retail, wellness businesses, or creative workspaces that benefit from multiple private rooms. With a reception-focused entry, dedicated break area, and three bathrooms, the space offers a practical configuration for owner-users and service-oriented operators looking for a turnkey, adaptable setup. SBA eligible, it may also fit scenarios where an owner-occupant seeks financing aligned with SBA requirements.
Local Financial Insights For Healthcare Medical
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $42.2k | $25.20 |
| − Vacancy | −$4.4k | −$2.65 |
| EGI | $37.8k | $22.55 |
| − OpEx | −$15.1k | −$9.02 |
| NOI | $22.7k | $13.53 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Panama City
- County
- Walton
- State
- Florida
- Longitude
- -85.664297
- Latitude
- 30.168091
