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2810 Hwy 77 A-B, Panama City, FL 32405
sale
$1,600,000
|
Office
Courtesy Of Counts Real Estate Group Inc
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 returns.With a competitive price, solid tenant base, impressive income, and favorable cap rate, this investment property offers exceptional value. Future appreciation enhance its long-term potential.In 2019 both buildings were remodeled with new roofs. Extensive modern buildout was completed for South Oak Title and Think Real Estate. All Ac units are less than 5 years old with (2) 5 ton units replaced in back building in June 2023. Don't miss out on this opportunity to acquire a fully occupied investment property.
Copyright © 2025 Central Panhandle Association of REALTORS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. Information being provided is 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.
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Property Features
- Age: 41-50 Years Old
- Architecture Style: Other
- Building Units: 3
- Cooling System: Multi Units
- Cooling System: Central Air
- Legal Description: 28 3S 14W -8.2- 104B ST AND BAY DEV CO PLAT BEG 95' E OF SW COR LOT 45 TH N 125' E 300' S 125' W 300' TO POB ORB 4116 P 2157
- MLSID: 769692
Directions to This Property
2810 Hwy 77 A-B, Panama City, FL 32405
Demographic Data for 2810 Hwy 77 A-B, Panama City, FL 32405
Average Age
39
Married
46%
Number of Homes
11,928
Homes with Children
35.03%
Occupation Type
Transportation to Work
Data powered by Attom Data Solutions. Copyright© 2025. Information deemed reliable but not guaranteed.
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