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Property profile & analytics
OFF-MARKET
Specialty properties

1321 Beck Ave Panama City, FL 32401

11,225 SF Built 1950
Property ID
US18-5344620
Property summary
AI-generated overview

This exceptional 11,225 square foot special purpose property, located at 1321 Beck Avenue in Panama City, Florida, presents a unique investment opportunity. Built in 1950 and renovated in 2005, this single-story building boasts a beautiful sanctuary with seating for up to 165, a complete kitchen, and twelve classrooms. The property also includes a substantial fellowship hall, ideal for various community gatherings or events. Adding significant value is an additional parcel located at 3007 W. 14th St (Parcel ID#: 29959-000-000), currently used as a commercial parking lot, which is included in the sale. This expansive 47,916 square foot lot provides ample parking and potential for future development. The property is situated in Bay County, Florida, zip code 32401, and offers a blend of established functionality and considerable redevelopment potential. The asking price for this remarkable property is $1,450,000. This is a rare opportunity to acquire a well-maintained, versatile property with significant potential for various uses. The property's size, amenities, and prime location make it an attractive investment for a wide range of buyers.

Property profile
Verified
Property type Specialty properties
Year built 1950
Total area 11,225 SF
UPID US18-5344620
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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