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Property profile & analytics

1328 23rd St Panama City, FL 32405-3638

  • Medical offices
  • 3,336 SF
  • 0.32 lot acres
OFF-MARKET
Value Estimations
$240,000
Show details
Cap Rate Potential
Location Intelligence
Property ID
US18-3298133
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Hanson Michael D DDS / Orthodontist
  • Hanson Orthodontics / Orthodontist

Property Details for 1328 23rd St

Year built
1989
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Lot size
0.32 lot acres
Property size
3,336 SF
Zone code
BC04
Property type
Medical offices
Property subtype
Medical centers
APN
13358-000-000
APU
13358000000

Description

This exceptional Class A office building, located at 1328 W 23rd Street in Panama City, Florida, presents a unique investment opportunity. Boasting 3,336 square feet of well-maintained space, this single-story building was constructed in 1989 and sits on a generous 13,939.2 square foot lot. Its prime corner location at a well-lit intersection ensures high traffic counts and exceptional visibility, making it ideal for any business seeking maximum exposure. Access is easy and safe, a key benefit for both patients and customers. The building itself has been meticulously maintained, showcasing its quality and appeal. Ample parking is available, complemented by a two-car garage offering additional storage space. Two attic access points with decking provide further storage options, enhancing the building's practicality. The asking price for this remarkable property is $1,450,000. This is a rare opportunity to acquire a well-situated, high-visibility office building in a desirable Panama City location, within the 32405 zip code. The property's features and location combine to create a compelling investment prospect with significant potential for return.


Value Estimations

based on Realmo’s proprietary methodology
  • AI approach

    Method
    Estimation
    ML approach
    $195,000
  • Comparable approach

    Method
    Estimation
    AI Estimate
    $283,000
    Market price range: $104k - $284k

Get a detailed, property-specific valuation — fast and free


Location Insight

  • Map
  • Local Demand
City
Panama City
County
Bay
State
Florida
Longitude
-85.6832
Latitude
30.1901
CBSA code
37460
CBSA name
PANAMA CITY-LYNN HAVEN, FL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$5,950
$352,836
$146,498
$499,334
-
$352,836
$146,498
$499,334
More about this property
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