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1717 Frankford Ave Panama City, FL 32405

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For Sale
$3,490,000

Two self-storage facilities in Panama City, Florida. Value-add opportunity.

Property size:
37,000 SF

Property Features for 1717 Frankford Ave

General Information

Size
37,000 SF

Source: Kristen Asman Agent Kristen Asman

Displayed information is deemed reliable but is not guaranteed and should be independently verified.


Overview

Two-Property Self-Storage Portfolio

This two-property self-storage portfolio is located in Panama City, Florida. The portfolio includes Frankford Self-Storage, a 225-unit facility with approximately 27,000 NRSF situated on 1.9 acres at 1717 Frankford Avenue. This property features an onsite office, gated entry, and is fully fenced with an automatic gate. The second facility, Stow Pros Self Storage, is located at 2726 15th Street and offers 112 units with approximately 10,000 NRSF on 1.26 acres, along with gated entry and secured fencing. Both properties are located in high-traffic areas with strong surrounding residential density. Combined daily traffic counts exceed 40,000 vehicles (Frankford: 8,900+ VPD, Stow Pros: 31,000+ VPD). Panama City – Panama City Beach metro area: estimated population of 226,221 in 2024, reflecting a 3.8% growth over the previous year. This portfolio is strategically positioned in Panama City, a vibrant and expanding coastal community known for its resilient economy and quality of life. With an estimated population surpassing 37,500 and a broader metro area nearing 230,000 residents, Panama City is experiencing steady growth fueled by diverse industries including tourism, healthcare, education, and manufacturing. The city’s proximity to Panama City Beach, a popular destination attracting millions of visitors annually, adds to the region’s dynamic real estate demand. This location offers a compelling opportunity to capitalize on both current cash flow and long-term appreciation in a thriving Florida market.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

Frankford Mini Storage Self-Storage Facility Pilcher Contractors Inc Self-Storage Facility

Suggested Use

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

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

Location Insight

  • Map
  • Local Demand
City
Panama City
County
Walton
State
Florida
Longitude
-85.692377
Latitude
30.1804009

FAQs

What type of property is this?
Self storage facility - Two self-storage facilities in Panama City, Florida. Value-add opportunity.
Where is this self storage facility located?
The property is located at 1717 Frankford Ave Panama City, FL.
What is the asking price?
The asking price for this property is $3,490,000.
What are key features of this property?
This property features: - Assumable loan with **5% interest only**.; - Two-property self-storage portfolio in a growing Florida market (Panama City).; - Value-add opportunity to increase cash flow and long-term appreciation.
More about this property
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