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    2717 5th St Panama City, FL 32401-5205
    Property profile & analytics

    2717 5th St Panama City, FL 32401-5205


    • Retail properties & Spaces
    • 4,982 SF
    • 0.40 lot acres
    Off-Market
    Last Sale Feb 19, 2025
    $300,000
    Property ID
    US18-4176812
    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.

    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Panama City FL Drive for Warehouse Car Donation Intake / Corporate Office
    • Terrell Construction / Construction Company

    Property Details for 2717 5th St

    Year built
    1981
    Construction
    STEEL FRAME
    Lot size
    0.40 lot acres
    Property size
    4,982 SF
    Zone code
    PC09
    Property type
    Retail properties & Spaces
    APN
    23726-000-000
    APU
    23726000000

    Description

    This exceptional 4,982 square foot special purpose building located at 2717 E 5th Street in Panama City, Florida (zip code 32401), presents a unique investment opportunity. The property, a single-story structure (APN 23726-000-000), is currently incomplete following a stalled restaurant restoration project. However, significant groundwork has already been completed, representing substantial cost savings for a prospective buyer. The building boasts brand new HVAC, ductwork, electrical, and plumbing systems – a significant advantage for any future tenant build-out. This turnkey opportunity allows for customization to suit a variety of business needs, eliminating the considerable expense and time associated with starting from scratch. The property offers ample parking, a highly desirable feature for many businesses. The incomplete restoration provides a blank canvas for a creative entrepreneur to complete the vision and establish a thriving enterprise. The seller is offering tenant improvements to assist in the completion of the build-out. This is a rare chance to acquire a nearly completed building in a prime location, minimizing upfront investment and maximizing potential return. The property's single-tenant configuration offers simplicity and control. Explore the potential of this exceptional property today.


    Value Estimations

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    • CAP approach

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    Location Insight

    • Map
    • Local Demand
    City
    Panama City
    County
    Bay
    State
    Florida
    Longitude
    -85.6244
    Latitude
    30.1571
    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
    $4,695
    $86,248
    $176,630
    $262,878
    -
    $86,248
    $176,630
    $262,878
    More about this property
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