5311 Highway 22 E Panama City, FL 32404
Property summary
This exceptional investment opportunity presents a recently renovated, 4,004-square-foot building situated on a substantial 30,927.6-square-foot lot at 5311 E Hwy 22, Panama City, Florida 32404. Constructed in 1991 and completely redesigned in 2023, this single-story property is currently fully leased to a thriving daycare center under a three-year lease agreement, ensuring a consistent and reliable income stream. The property's versatile layout is perfectly suited for its current use, featuring well-appointed classrooms, administrative offices, and ample support facilities. The building's modern design and functionality cater to the needs of educational institutions, making it an attractive and low-maintenance investment. Located in Bay County, this turnkey property offers investors a chance to capitalize on the growing demand for childcare services in a stable market. The asking price is $720,000, representing a compelling opportunity for those seeking strong, passive income generation. This property is a rare find, combining a desirable location, a secure lease, and a proven business model.
Property profile
VerifiedCap rate & NOI
Value estimations
Owner & transaction history
Zoning & alternative use
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Derived from the Panama City market rent, vacancy and expense benchmarks for this use type.
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
CLWY18 · Panama City, FLZoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for CLWY18 in Panama City, FL.
Registration is required before the official district profile is shown.
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
Registration is required before any owner information is shown.