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    Property profile & analytics

    311 23rd St Panama City, FL 32405-4524

    • Turn key restaurants
    • 7,200 SF
    • 0.62 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US18-4179959
    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

    • O'Charley's Restaurant & Bar / Bar & Grill / American Restaurant

    Property Details for 311 23rd St

    Year built
    2000
    Construction
    WOOD
    Lot size
    0.62 lot acres
    Property size
    7,200 SF
    Zone code
    PC09
    Property type
    Turn key restaurants
    APN
    12976-055-000
    APU
    12976055000

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Panama City
    County
    Bay
    State
    Florida
    Longitude
    -85.6549
    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
    $16,505
    $678,447
    $401,412
    $1,079,859
    -
    $678,447
    $401,412
    $1,079,859

    Comparable in this City

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      3212 23rd St

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      11,763 SF

      105 23rd St

      RESTAURANT • 11,763 SF
      105 23rd St, Panama City, FL 32405-4501
      View Details

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    Similar Nearby for Lease

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      Retail space available in July next to Home Depot.
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      200,000+ SF retail development in Panama City, Florida.
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      Centrally located retail space near Gulf Coast Medical Center.
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      6245 SF space ideal for office or retail uses.
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    Property Visit Statistics

    • Visits by month
      12.4k
    • Visitors by month
      10.9k
    • Avg Time on site
      58 min
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    311 23rd St
    Panama City, FL 32405-4524
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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