107 Amar Pl Panama City Beach, FL 32413-5014

Exceptional investment opportunity in Panama City Beach, Florida, presents a 12,570 square foot, two-story multi-tenant industrial flex building situated on a 57,063.6 square foot lot. Built in 2006, this property boasts high-quality construction with modern office finishes. Currently operating at 100% occupancy, the building is subdivided into eight individual units, offering diverse income streams. The current tenant, Heritage Builders, occupies several suites which may be available to a new owner. A new roof was installed in 2023. Strategically located just off Highway 98, north of Miramar Beach/Miramar Heights, at the south end of Beach Commerce Park, this property enjoys excellent visibility and accessibility. Its proximity to the Panama City Beach Parkway further enhances its appeal. The asking price is $2,200,000, representing an attractive 8.00% cap rate. Note that a 10,000 square foot warehouse on an adjacent property is also available for lease. This presents a unique opportunity to acquire a well-maintained, high-performing asset in a thriving market. The property's strong tenancy and prime location make it an ideal investment for discerning buyers seeking stable income and potential for future growth.