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Financial
Distress signals
Property profile

1117 Saint Andrews Blvd Panama City, FL 32405

FOR SALE
Other warehouses
Property ID
US18-3268807
7,410 SF 0.79 ac lot Built 1982
Last sale Sep 2025 · $450,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 1-yr Hold Held for 1 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

A 7,200-square-foot flex warehouse property in Panama City, located at the entrance to Sweetbay, situated on a 0.80-acre site. The building includes approximately 1,785 square feet of remodeled office space with two restrooms, four offices, and areas suitable for conferences and showroom use. The remaining approximately 5,415 square feet is a conditioned warehouse with a full LED lighting system, two 5-ton HVAC units, and two 12-foot-by-12-foot overhead bay doors. The site provides parking for…

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?
$5k
Tax billed · 2023
Assessed value$307k
Assessed land$69k
Assessed improvement$238k
Effective rate1.69%

Value estimate

· Oct 2026
$235k
$212k – $259k
AI approach$235k
NOI build-up
Gross scheduled income$101k
Vacancy & credit loss−$5k
Operating expenses−$34k
NOI · 4.45% cap applied$62k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$65/SF
ZIP average, outlier-cleaned · 31 recorded sales of this use type
Observed band · Q1–Q3$28 – $105

Cap rate analysis

How does the asset earn?
4.45%
$62k 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?
PC11
JurisdictionBAY

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency25.1
Building Supply23.8
Dental Office22.6

Location

1117 Saint Andrews Blvd Panama City, FL 32405
County assessor Recorded deeds · 5 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
1023 15th, Panama City, FL 32405-6119 $960,000 Feb 2026 6,500 SF
1716 Frankford, Panama City, FL 32405-2637 $4,000,000 Dec 2025 11,320 SF
2500 Industrial, Panama City, FL 32405-6019 $1,800,000 Jun 2025 10,700 SF
600 27th, Panama City, FL 32405-4402 $665,000 Mar 2023 6,250 SF
Panama City, FL 32405-6251 $624,000 Dec 2022 4,904 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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