Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    Property profile & analytics

    520 Macarthur Ave Panama City, FL 32401-3636

    • Medical offices
    • 2,378 SF
    • 0.25 lot acres
    OFF-MARKET
    Value Estimation
    $205,000
    Location Intelligence
    Property ID
    US18-4467738
    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

    • Dr. Tony Salamay, DC / Chiropractor
    • beatyourfibromyalgia.com / Alternative Medicine Practitioner
    • Bay Clinic Of Chiropractic / Chiropractor / Alternative Medicine Practitioner

    Property Details for 520 Macarthur Ave

    Year built
    1945
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    0.25 lot acres
    Property size
    2,378 SF
    Zone code
    PC09
    Property type
    Medical offices
    Property subtype
    Medical centers
    APN
    21089-000-000
    APU
    21089000000

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $210,000

    • CAP approach

      CAP return
      Estimation
      6%
      $155,000
      6.5%
      $165,000
      7%
      $170,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $180,000
      Geo Method
      $170,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $170,000
      Retail
      $180,000
      Mixed-Use
      $145,000
      Hospitality
      $195,000
      Educational
      $155,000
      Residential Income
      $180,000
      Energy
      $190,000
      Income-Based Land
      $180,000
      Food Service
      $160,000

    Location Insight

    • Map
    • Local Demand
    City
    Panama City
    County
    Bay
    State
    Florida
    Longitude
    -85.6489
    Latitude
    30.1582
    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
    $3,289
    $54,000
    $126,296
    $180,296
    -
    $54,000
    $126,296
    $180,296

    Comparable in this City

    • Value Estimation by Request
      2,604 SF

      625 Jenks Ave

      MEDICAL BUILDING • 2,604 SF
      625 Jenks Ave, Panama City, FL 32401-2629
      View Details
    • Value Estimation
      $405,000
      2,588 SF

      2407 11th St

      MEDICAL BUILDING • 2,588 SF
      2407 11th St, Panama City, FL 32401-1634
      View Details
    • Value Estimation
      $190,000
      1,820 SF

      544 Magnolia Ave

      MEDICAL BUILDING • 1,820 SF
      544 Magnolia Ave, Panama City, FL 32401-3052
      View Details
    • Value Estimation
      $250,000
      2,912 SF

      2003 Hwy 98th Bus E

      MEDICAL BUILDING • 2,912 SF
      2003 Hwy 98th Bus E, Panama City, FL 32401
      View Details
    • Value Estimation
      $505,000
      2,660 SF

      1007 Jenks Ave

      MEDICAL BUILDING • 2,660 SF
      1007 Jenks Ave, Panama City, FL 32401-2474
      View Details
    • Value Estimation by Request
      3,431 SF

      504 Macarthur Ave

      MEDICAL BUILDING • 3,431 SF
      504 Macarthur Ave, Panama City, FL 32401-3636
      View Details

    Similar Nearby for Sale

    • $1,400,000
      4,800 SF

      Medical Office Building For Sale

      4,800 sq ft medical office building near Ascension Sacred Heart Hospital.
      609 E 6Th Ct, Panama City, FL 32401
      View Details
    • New
      $229,900
      0.21 Acres

      Updated Cottage in Historic St. Andrews

      Updated 2BR, 2BA cottage ideal for commercial or residential use.
      1709 Cincinnati Ave, Panama City, FL 32401
      View Details
    • $565,000
      1,638 SF

      Renovated Boutique Office in Panama

      Fully renovated 1,638 SF office space in downtown Panama.
      108 W 4Th St, Panama City, FL 32401
      View Details
    • $418,500
      0.34 Acres

      Updated Commercial Building, Panama City

      Move-in ready commercial building near downtown Panama City, Florida.
      316 W 11Th St, Panama City, FL 32401
      View Details
    • $400,000
      1,868 SF

      Panama City Office Building

      Income-producing office, prime location
      1148 Jenks Ave, Panama City, FL 32401
      View Details
    • $250,000
      0.21 Acres

      Charming Cottage in Historic St. Andrews

      Renovated 2BR/2BA cottage near Gulf access, ideal for living/rental.
      1709 Cincinnati Ave, Panama City, FL 32401
      View Details

    Similar Nearby for Lease

    • $15 SF/Yr
      2,784 SF

      Downtown Panama City Commercial Space

      Versatile 2700 SF Office/Retail Space
      416 Jenks Ave, Panama City, FL 32401
      View Details
    • $312 /Mo
      5,868 SF

      Prime Panama City Office Space

      FSU Campus location, office/retail space.
      5102 Bay Dr, Panama City, FL 32401
      View Details
    • $26 SF/Yr
      1,272 SF

      Prime Panama City Office Space

      1,272 sq ft Single-Tenant Office
      1147 Grace Ave, Panama City, FL 32401
      View Details
    • $8 SF/Yr
      4,000 SF

      Panama City Warehouse and Office

      Warehouse and office space available for lease in Panama City.
      1220 Transmitter Rd, Panama City, FL 32401
      View Details
    • $10,000 /Mo
      10,000 SF

      Panama City Beach Retail/Office Space

      Large 10,000 SF space suitable for office or retail.
      703 W 15Th St, Panama City, FL 32401
      View Details
    • $9 SF/Yr
      1,750 SF

      Prime Panama City Office Space

      1750 sq ft, Single Tenant Office
      3712 3Rd St, Panama City, FL 32401
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    520 Macarthur Ave
    Panama City, FL 32401-3636
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    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
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.