Property Lookup
Property Lookup
  • For Sale
  • For Lease
  • Recently Sold
  • Property Lookup
  • Brokers
Back to Search
The Largest CRE Database in the US with Over 1 Million Listings
Property profile & analytics

1818 Michigan Ave Panama City, FL 32405-1530

  • Office Properties & Spaces
  • 2,500 SF
  • 0.68 lot acres
OFF-MARKET
Last Sale
Jun 22, 2020
$264,100
Value Estimations
Cap Rate Potential
Location Intelligence
Property ID
US18-0306080
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

  • Rubics consulting / Consultant
  • Intellichoice Builders / Construction Company

Property Details for 1818 Michigan Ave

Year built
1947
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Lot size
0.68 lot acres
Property size
2,500 SF
Zone code
PC09
Property type
Office Properties & Spaces
APN
28999-000-000
APU
28999000000

Description

This exceptional single-story office building, located at 1818 Michigan Avenue in Panama City, Florida, presents a unique investment opportunity. Built in 1947 and completely remodeled, this property boasts 29,620.8 square feet of land and offers a spacious and well-appointed interior. The building features a welcoming reception area with tile flooring and a built-in desk, a conference room with luxury vinyl plank (LVP) flooring, and five generously sized offices, all carpeted for comfort. Additional amenities include a tiled storage room with built-in shelving, handicap-accessible tile bathrooms, and a kitchen equipped with LVP flooring, hot water, an electric stove, and a refrigerator (which may remain). The exterior features a metal roof and stucco finish, enhancing both aesthetics and durability. Ample parking is available, including designated handicap spaces, and a fenced area provides substantial storage for equipment, accessible via a roll gate on the left side of the property. Currently operating as an active business, the building is available for showings during business hours with prior notice. Detailed office layout and measurements are available upon request. This property is ideally suited for a variety of business uses and represents a compelling investment in a thriving Florida market. The zip code is 32405.


Value Estimations

based on Realmo’s proprietary methodology
  • AI approach

  • CAP approach

  • Comparable approach

  • Alternative Use

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


Location Insight

  • Map
  • Local Demand
City
Panama City
County
Bay
State
Florida
Longitude
-85.7084
Latitude
30.182
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
$3,576
$174,353
$34,055
$208,408
-
$174,353
$34,055
$208,408
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message