Panama City, FL 32401,537 E 5th CT
Panama City, FL 32401,537 E 5th CT
Panama City, FL 32401,537 E 5th CT
Panama City, FL 32401,537 E 5th CT
Panama City, FL 32401,537 E 5th CT
Panama City, FL 32401,537 E 5th CT
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$210,000

$249,000

15.7%
Est.Price: ?

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Est. payment /mo

0.32 Acres Lot


SOLD DATE : 11/30/2023

Key Details

Sold Price $210,000

Property Type Commercial

Sub Type Office

Listing Status Sold

Purchase Type For Sale

Subdivision Sudduths 1St Add

MLS Listing ID 748398

Sold Date 11/30/23

HOA Y/N No

Year Built 1925

Lot Size 0.320 Acres

Acres 0.32

Property Description

Current under contract, seller considering back up offers. This is truly a rare find! ZONED COMMERCIAL and a completely remodeled 1925 home that sits on .32 acres in Downtown Panama City/Cove area! This oversized corner lot with 111' frontage on Business Hwy 98 has so much potential. Previously used as a residential rental, this property is zoned commercial and can be used for a business or office or continue as a residential property. This would be ideal for a business that needs office space but also needs secured storage for work vehicles, equipment, etc. on site! The privacy fence offers a gate on Hamilton Avenue with access. The privacy fence on the property is not indicative of the property lines so there's much more potential for enclosed fence space. Just blocks from Harrison Avenue and Ascension Sacred Heart, this property is in a Prime Location!The home is a beautiful 2 bedroom, 1 bath offering a modern boho vibe with new plumbing, electrical, HVAC, windows, exterior doors, roof, insulation, sheetrock and a 100+ year old clawfoot tub that was restored. The concept for the remodel was carefully thought through and planned out to keep the original character intact but with new modern finishes and fixtures. This would also make for a great rental property to add to anyone's current investment portfolio with its close proximity to all that historical downtown Panama City has to offer. Traveling nurses, visitors downtown, etc. The AIRBNB potential is endless! Or long term rent for stability in your investment. Don't miss this opportunity to purchase a COMMERCIAL property in Downtown Panama City where business is booming!

Location

State FL

County Bay

Area 02 - Bay County - Central

Interior

Heating Central, Electric

Cooling Central Air, Ceiling Fan(s), Electric

Flooring Hardwood, Tile

Fireplace No

Appliance Electric Water Heater

Exterior

Utilities Available Electricity Available, Sewer Available, Water Available

Waterfront No

Roof Type Shingle

Building

Lot Description Corner Lot

Entry Level One

Sewer Public Sewer

Water Public

Level or Stories One

Schools

Elementary Schools Cherry Street

Middle Schools Jinks

High Schools Bay

Others

Tax ID 20445-000-000

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Financing VA

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Listed by Corcoran Reverie
Bought with Corcoran Reverie
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