• 505 E 11th St, Panama City, FL 32401

For Sale

Office

For Sale

This property is available for sale
1.11
Acres
$150,000
Sale Price
  • Year Built
    1988
  • Total Building Size
    6,900 RSF
  • Overview

    505 E 11th Street is located on the north side of 11th Street between Harrison Avenue, to the west, and Dr. Martin Luther King Jr. Boulevard (a/k/a Highway 77) to the east. The property is adjacent to the new Federal Courthouse that is currently under construction (remodel of the former Bay County Juvenile Justice Courthouse). Additionally, the property is located within a federally designated Opportunity Zone. Kevin Wattenbarger & Associates | SVN Southland Commerical are pleased to present the redevelopment site located at 505. E 11th Street for sale. The subject property is a 1.1 +/- acre site located adjacent to the new Federal Courthouse relocation site (currently under construction at 533 E 11th Street, previously the Juvenile Justice Courthouse facility). The property is currently improved with a 6,900 +/- square foot office that was heavily damaged by Hurricane Michael (potential need for demolition) and concrete parking areas (approx 40 +/- spaces). The property is centrally located on a major east-west commercial thoroughfare providing for easy access to Panama City and surrounding communities. Additionally, the property is located within a federally designated Opportunity Zone Census tract.

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Property Details

1.1 Acres +/- | Redevelopment Opportunity | Adjacent to New Federal Courthouse

505 E 11th Street is located on the north side of 11th Street between Harrison Avenue, to the west, and Dr. Martin Luther King Jr. Boulevard (a/k/a Highway 77) to the east. The property is adjacent to the new Federal Courthouse that is currently under construction (remodel of the former Bay County Juvenile Justice Courthouse). Additionally, the property is located within a federally designated Opportunity Zone. Kevin Wattenbarger & Associates | SVN Southland Commerical are pleased to present the redevelopment site located at 505. E 11th Street for sale. The subject property is a 1.1 +/- acre site located adjacent to the new Federal Courthouse relocation site (currently under construction at 533 E 11th Street, previously the Juvenile Justice Courthouse facility). The property is currently improved with a 6,900 +/- square foot office that was heavily damaged by Hurricane Michael (potential need for demolition) and concrete parking areas (approx 40 +/- spaces). The property is centrally located on a major east-west commercial thoroughfare providing for easy access to Panama City and surrounding communities. Additionally, the property is located within a federally designated Opportunity Zone Census tract.

  • Property Type
    Office
  • Year Built
    1988
  • Sale Price
    $150,000
  • Total Building Size
    6,900RSF
  • Total Acres
    1.11
  • Number of Floors
    1
  • Building Class
    C
  • Sale Status
    Available
  • Property ID
    134128

Landlord's Sales Representative

  • Kevin Wattenbarger
    SVN | SouthLand Commercial