Historic School Redevelopment
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
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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.
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
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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.