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Historic School Redevelopment Site

101 East 7th Street Panama City, FL 32401

101 East 7th Street, Panama City, FL, 32401
Contact for pricing
For Sale
Contact for pricing
Pending

NRHP-listed 1915 school building on a 2.58-acre site offers Opportunity Zone eligibility for historic redevelopment.

Property Size24,004 SF
Lot Size2.58 Acres
Days on Market2670

Property Features for 101 East 7th Street

General Information

Standard status
Pending
Size
24,004 SF
Lot size
2.58 Acres
Property subtype
Special Purpose

Building Details

Year Built
1915
Listing agency Wattenbarger Commercial
Listed by Kevin Wattenbarger, CCIM · License #FLBK3137983
Source Crexi
Added: Apr 1, 2019 Updated: Jul 22 at 1:42AM Checked: Jul 22 at 1:42AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Wattenbarger Commercial


Investment Insights

Based on property information with market context.

101 E 7th Street is the site of the historic Panama Grammar School (1915), individually listed on the National Register of Historic Places. The three-story concrete and brick educational building remains on the 2.58-acre property, presenting a redevelopment framework centered on historic rehabilitation and adaptive reuse.

The property is located at the intersection of Harrison Avenue and East 7th Street in the heart of Historic Downtown Panama City. It sits within a Qualified Census Tract, providing eligibility for federal Opportunity Zone (OZ) incentives tied to qualifying historic and mixed-use redevelopment projects.

Previous development studies and schematic plans contemplated renovation of the historic building into up to 25 multifamily units, along with potential new infill residential construction on the remainder of the site to create a larger mixed-use residential community. Surrounding context referenced in the materials includes walkability to downtown restaurants, shops, and cultural amenities, proximity to St. Andrews Bay waterfront, and ongoing downtown revitalization efforts involving retail, office, and residential investment.

Key Highlights

  • Historic Panama Grammar School building built in 1915; individually listed on the National Register of Historic Places (NRHP).
  • Three‑story concrete and brick educational building on a 2.58‑acre site.
  • Property sits in a Qualified Census Tract with eligibility for Opportunity Zone (OZ) incentives.

Property Analytics

Location Intelligence

Current Use by Public Records

Schools

Suggested Use

Garden Center Restaurant Bakery Gym & Fitness Center Storage Facility Cafe & Coffee Shop Grocery & Convenience Store (Bike/Boat/Book/etc) Store Carpet & Flooring Store Acupuncture

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
School - NRHP-listed 1915 school building on a 2.58-acre site offers Opportunity Zone eligibility for historic redevelopment.
Where is this school located?
The property is located at 101 East 7th Street Panama City, FL.
What are key features of this property?
This property features: Historic Panama Grammar School building built in 1915; individually listed on the National Register of Historic Places (NRHP).; Three‑story concrete and brick educational building on a 2.58‑acre site.; Property sits in a Qualified Census Tract with eligibility for Opportunity Zone (OZ) incentives.
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