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Financial
Distress signals
Property profile

400 16th St Panama City, FL 32405

OFF-MARKET
Warehouses
Property ID
US18-3893447
6,000 SF 0.9 ac lot Built 2002
Last sale Nov 2024 · $875,000
Individually Owned Owner of record is an individual. 1-yr Hold Held for 1 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

This exceptional property at 400 E 16th Street presents a unique opportunity for a single tenant seeking a combined office and warehouse space. The property encompasses approximately 7,415 square feet, strategically divided into a 6,000 square foot, two-story office building and a 2,415 square foot warehouse. The building is described as move-in ready, eliminating the need for extensive renovations or upgrades. The significant advantage of this property lies in its expansive lot size,…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$5k
Tax billed · 2023
Assessed value$301k
Assessed land$108k
Assessed improvement$193k
Effective rate1.77%

Value estimate

· Oct 2026
$215k
$194k – $237k

Realmo valuation models over county records and 3 qualifying comparable sales.

Recently sold

What actually traded nearby?
$65/SF
ZIP average, outlier-cleaned · 31 recorded sales of this use type
Observed band · Q1–Q3$28 – $105
Qualifying comparables3

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
PC09
JurisdictionBAY

Location intelligence

Which uses thrive at this corner?
Best fit: Parking Facility
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Parking Facility10.2
Gym & Fitness10.0
Grocery Store9.3

Location

400 16th St Panama City, FL 32405-5456
County assessor Recorded deeds · 4 transfers 3 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
1023 15th, Panama City, FL 32405-6119 $960,000 Feb 2026 6,500 SF
2726 Canal, Panama City, FL 32405-5723 $448,200 Jul 2025 3,750 SF
2733 Orlando, Panama City, FL 32405-6945 $550,000 Jul 2024 4,275 SF
600 27th, Panama City, FL 32405-4402 $665,000 Mar 2023 6,250 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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