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Search Results -> 2810 Fl-77 , #a-b, Panama City

2810 Fl-77 , #a-b, Panama City 32405 (Active)

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Listing Information

Property Type: Commercial Sale
MLS #: 970121 Price: $1,600,000.00 Year Built: 2010
Square Feet: 11000 Bedrooms: Not available Bathrooms: Not available
HOA Fees: Not available Lot Size: 0.86 acres Lot Dimensions: Not available

Subdivision: Not available

Description:

Welcome to a lucrative investment opportunity in Panama City, FL. This prime commercial property at 2810 Hwy 77 offers a solid income stream with a favorable cap rate of 7.1%. With an occupied space and annual tenant income of $163,823 this property ensures long-term financial growth.Featuring two buildings (front 5,000 sf & back 6,000 sf) totaling 11,000 sq ft, this property houses thriving tenants including South Oak Title, Think Real Estate, and Mochas & Minis. The combined tenant income of $163,823 annually guarantees a steady cash flow.Strategically located on Hwy 77, this property enjoys excellent visibility and high traffic exposure, with consistent demand for commercial space. Close to amenities and businesses, it leverages the city`s economic growth for maximum return

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Features

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Commercial Features

  
Income-Producing Year Built: 2010 Income-Producing Building Square Footage: 11000
Income-Producing Annual Gross Income: 163823 Income-Producing Expenses: 50288
Income-Producing Net Operating Income: 113535 Income-Producing Cap Rate: 7
Income-Producing Property Type: Office

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This listing provided courtesy of Counts Real Estate Group Inc.
This information was last updated on 3/12/2025 12:04:44 AM.

All information in this listing is approximate. Buyers are expected to verify any specific information prior to signing any contract. Neither Brandon Jordan, ERA American Real Estate, ECAR, nor any other Realtor is liable for any inaccuracies herein.
All listings are provided courtesy of the Emerald Coast Association of Realtors, copyright 2025. All rights reserved.


We are members of:
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