2810 FL-77 #A-B
Panama City, FL 32405
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
Property Details
- Property TypePurchase
- Cost1600000
- MLS #970121
- MLS #970121
- Pool1
- Property SubtypeE
Location
Legal
Information deemed reliable but not guaranteed. The information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Last Updated: . Source: ECAR
Listing Courtesy
Listing Agent: Carl E Allen (#20160218153507460317000000)
Listing Office: Counts Real Estate Group Inc (#20190227163010045823000000)
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