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Financial
Distress signals
Property profile

316 W 11Th St Panama City, FL 32401

FOR SALE
Medical Office Space
Property ID
US18-0459631
1,674 SF 0.34 ac lot Built 1959
Last sale Sep 2020 · $1,106
Entity Owned Owner of record is a legal entity (LLC / corporation). 5-yr Hold Held for 5 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

A commercial building in Panama City, Florida, located minutes from downtown, with a site area of 0.34 acres. The interior is arranged with a bright lobby featuring a reception counter, seven private rooms/offices, and a break room with kitchenette. There are three bathrooms, including one bathroom with a shower. The property is configured for professional services and is suitable for uses such as a tattoo studio, medical or therapy office, or similar business requiring private rooms and…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$2k
Tax billed · 2023
Assessed value$133k
Assessed land$75k
Assessed improvement$58k
Effective rate1.75%

Value estimate

· Oct 2026
$155k
$140k – $171k
AI approach$140k
NOI build-up
Gross scheduled income$47k
Vacancy & credit loss−$10k
Operating expenses−$9k
NOI · 7.51% cap applied$28k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$119/SF
Submarket average, outlier-cleaned · 47 recorded sales of this use type
Observed band · Q1–Q3$71 – $162

Cap rate analysis

How does the asset earn?
7.51%
$28k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
PC07
JurisdictionBAY

Location intelligence

Which uses thrive at this corner?
Best fit: Watch Repair Shop
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Watch Repair Shop8.7
Garden Center8.5
Florist8.2

Location

316 W 11Th St Panama City, FL 32401
County assessor Recorded deeds · 9 transfers Qualifying comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 15 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
2407 11th, Panama City, FL 32401-1634 $418,000 Jan 2024 2,588 SF
2401 15th, Panama City, FL 32401-1567 $199,900 Sep 2022 2,628 SF
1218 Jenks, Panama City, FL 32401-2441 $243,000 Sep 2021 2,596 SF
544 Magnolia, Panama City, FL 32401-3052 $212,500 Mar 2021 1,820 SF
625 Jenks, Panama City, FL 32401-2629 $36,100 Aug 2020 2,604 SF
1138 Harrison, Panama City, FL 32401-2431 $240,000 Jul 2020 2,587 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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