Financial
Distress signals
Property profile

609 6th Ct Panama City, FL 32401

OFF-MARKET
Medical Office Space
Property ID
US18-4223150
5,247 SF 0.24 ac lot Built 2020
Last sale Dec 1999 · $28,571
Entity Owned Owner of record is a legal entity (LLC / corporation). 7-yr Hold Held for 7 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

This exceptional investment opportunity presents a 5,247 square foot, single-story medical office building constructed in 2020, located at 609 E 6th Court, Panama City, FL 32401. The property sits on a 46,173.6 square foot lot and is currently 100% leased to reputable tenants with reliable lease agreements. The building boasts a contemporary design and features two mirrored sides, maximizing functionality and workflow. Ample parking is available for staff and patients. Its strategic

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

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

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$9k
Tax billed · 2023
Assessed value$508k
Assessed land$21k
Assessed improvement$486k
Effective rate1.79%

Value estimate

· Sep 2026
$635k
$572k – $699k
Submarket $/SF estimate$758k

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?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
PC04
JurisdictionBAY

Location intelligence

Which uses thrive at this corner?
Best fit: Auto Parts Store
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Auto Parts Store15.0
Restaurant14.8
Garden Center14.4

Location

609 6th Ct Panama City, FL 32401-3605
County assessor Recorded deeds · 3 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
619 Cv, Panama City, FL 32401-3642 $1,250,000 Jun 2025 7,661 SF
600 Cv, Panama City, FL 32401-3628 $450,000 May 2025 5,147 SF
4121 Hwy 98, Panama City, FL 32401-1170 $71,000 Sep 2024 7,546 SF
3232 15th, Panama City, FL 32401 $190,000 Dec 2019 3,991 SF
1400 Palo Alto, Panama City, FL 32401 $150,000 Mar 2019 8,094 SF
324 11th, Panama City, FL 32401-2972 $290,000 Oct 2018 4,896 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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