5311 Hwy 22 , Panama City, FL 32404
- MLS#: 764939 ( CommercialSale )
- Street Address: 5311 Hwy 22
- Viewed: 19
- Price: $699,000
- Price sqft: $175
- Waterfront: No
- Year Built: 1991
- Bldg sqft: 4004
- Days On Market: 267
- Additional Information
- Geolocation: 30.1534 / -85.5947
- County: BAY
- City: Panama City
- Zipcode: 32404
- Subdivision: No Named Subdivision
- Elementary School: Parker
- Middle School: Everitt
- High School: Rutherford
- Provided by: NAI TALCOR
- DMCA Notice
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DescriptionThis exceptional investment property offers a recently renovated +/ 4,004 square foot building, redesigned in 2023 to meet modern standards. Fully leased for three years by a thriving daycare, it provides a low maintenance, income generating asset with reliable cash flow. The versatile layout includes well designed classrooms, administrative spaces, and support facilities, making it ideal for educational institutions. With a stable tenant in place, this turnkey property is an attractive opportunity for investors seeking consistent returns in a growing sector.
Property Location and Similar Properties
Features
Building and Construction
- Covered Spaces: 0.00
- Living Area: 0.00
- Roof: Shingle
School Information
- High School: Rutherford
- Middle School: Everitt
- School Elementary: Parker
Garage and Parking
- Garage Spaces: 0.00
- Open Parking Spaces: 0.00
Eco-Communities
- Water Source: Public
Utilities
- Carport Spaces: 0.00
- Cooling: MultiUnits
- Road Frontage Type: Highway
- Sewer: PublicSewer
- Utilities: ElectricityAvailable, SewerAvailable, WaterAvailable
Finance and Tax Information
- Home Owners Association Fee: 0.00
- Insurance Expense: 0.00
- Net Operating Income: 0.00
- Other Expense: 0.00
- Pet Deposit: 0.00
- Security Deposit: 0.00
- Trash Expense: 0.00
Other Features
- Appliances: ElectricWaterHeater
- Legal Description: 12 4S 14W ST A B DEV CO PLAT BEG 180' E OF SW COR L-63 TH N 330' E 75' S 330' W 75' TO BEG LESS RW ****AND****COM AT INT OF E R/W OF SENECA AVE & N LIN OF LOT 63 TH E 109.68' FOR POB TH E 50' S 234.21' W 50' N 234.59' TO POB -126- 118D1 ORB 4683 P 1468
- Levels: One
- Area Major: 02 - Bay County - Central
- Occupant Type: Occupied
- Parcel Number: 24453-000-000
- Possible Use: Commercial
- The Range: 0.00
- Views: 19
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- Property Tax $
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- HOA Fees $
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