1206 Bob LIttle Road, Panama City, FL 32404
- Added:
- Jan 21, 2026
- Days on Market:
- 139
- Last Refresh:
- Jun 9 at 11:06 pm
Property Features for 1206 Bob LIttle Road
General Information
- Property type
- Residential
- Property subtype
- Office
- Standard status
- Pending
- APN
- 14953-010-000
- Size
- 1,072 SF
- Lot size
- 0.84 Acres
Taxes and HOA fees
- Tax Description
- 1 4S 142 -39.1- 118A1 BEG AT SW COR OF NW1/4 OF SW1/4 OF NE1/4 TH E 40' N 5' FOR POB TH N 155' E 228.32' S 155' W 228.84' TO POB ORB 1798 P 2386 ORB 2395 P 1410
Utilities
- Sewer type
- Public Sewer
Building Details
- Year built
- 1948
- Building materials
- Block
- Roof type
- Metal
Listing agent Dennis Nelson License #SL3379289 (850) 348-8262
Listing office Keller Williams Success Realty 7923 Panama City Beach Pkwy, Panama City Beach, FL (850) 249-0313
Listing date Jan 21, 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
- Large corner lot with Mixed Use designation in a convenient central area.
- 32' x 48' slab in rear with plumbing and sewer connection, ready for warehouse or shop.
- Durable concrete block building with sturdy metal roof.
- Open concept office space with storage in the rear.
- Updated bathroom and split‑unit HVAC system.
- Recent survey available.
Overview
Local Financial Insights For Office B
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 | $22.5k | $21.00 |
| − Vacancy | −$4.5k | −$4.20 |
| EGI | $18.0k | $16.80 |
| − OpEx | −$4.5k | −$4.20 |
| NOI | $13.5k | $12.60 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Panama City
- County
- Walton
- State
- Florida
- Longitude
- -85.599329
- Latitude
- 30.169566
