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    2801 W 12th St Panama City, FL 32401

    Sponsored
    Source: https://www.saltercompany.com
    For Sale
    $499,000

    7,900 SF mixed-use building, prime location.

    Property size:
    7,900 SF

    Description

    Added:
    Feb 11, 2025
    Days on Market:
    330
    This unique 7,900 square foot Art-Deco inspired building is situated in the heart of Historic St. Andrews, Panama City, Florida. Located at 2801 W 12th St, 32401, this brick and block structure offers a versatile space ideal for a variety of uses. Its open workspace and parcel-height door are complemented by its proximity to Beck Avenue, the waterfront, and the vibrant atmosphere of St. Andrews. Across the street from Little Village, ample public parking, and numerous restaurants, this property enjoys exceptional visibility and accessibility. The building's nearly 0.315-acre lot provides ample space, and its design lends itself to retail stores, design showrooms, event spaces, entertainment venues, or live-work arrangements. Potential buyers should note the availability of grants and property improvement opportunities through the Historic St. Andrews Waterfront Partnership. This two-unit building presents a compelling investment opportunity in a thriving, historic district. The property is offered at $499,000.

    Property Features for 2801 W 12th St

    General Information

    Property type
    Other mixed-use properties
    Square Feet
    7,900 SF
    Price / Square Foot
    $63
    Elevators
    N/A
    Net Rentable
    7,900 SF
    Lot Size
    13,721 SF

    Building Details

    Year Built
    1953
    Buildings
    3
    Stories
    1
    Units
    2

    HighLights

    • 7,900 square foot Art‑Deco inspired building in historic St. Andrews.
    • Located one block from Beck Avenue, a short walk to the water.
    • Ideal for retail, showroom, event space, or live‑work; grant opportunities available.
    Location Intelligence

    Current Use by Public Records

    Mixed-use properties

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Panama City
    State
    Florida
    Longitude
    -85.699685
    Latitude
    30.169695

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    FAQs

    What type of property is this?
    Mixed-use property - 7,900 SF mixed-use building, prime location.
    Where is this mixed-use property located?
    The property is located at 2801 W 12th St Panama City, FL.
    What is the asking price?
    The asking price for this property is $499,000.
    What are key features of this property?
    This property features: 7,900 square foot Art-Deco inspired building in historic St. Andrews.; Located one block from Beck Avenue, a short walk to the water.; Ideal for retail, showroom, event space, or live-work; grant opportunities available.
    (850) 564-0120
    Request Owner's contact information
    2801 W 12th St Panama City, FL 32401
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    Panama City, FL 32401
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    2801 W 12th St Panama City, FL 32401
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