2309 Frankford Avenue, Panama City, FL 32405
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Priced at Only: $1,299,000
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Address: 2309 Frankford Avenue, Panama City, FL 32405
Property Location and Similar Properties
- MLS#: 786458 ( CommercialSale )
- Street Address: 2309 Frankford Avenue
- Viewed: 1
- Price: $1,299,000
- Price sqft: $365
- Waterfront: No
- Year Built: 1996
- Bldg sqft: 3555
- Days On Market: 21
- Additional Information
- Geolocation: 30.1904 / -85.6921
- County: BAY
- City: Panama City
- Zipcode: 32405
- Subdivision: No Named Subdivision
- Elementary School: Nortide
- Middle School: Jinks
- High School: Bay
- Provided by: Savvy Avenue LLC
- DMCA Notice
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Description2ea Office Buildings For Sale 3,555 total Sq.Ft 2309 Frankford Ave Panama City FL 32405 Brick Office Building Currently 5 yr Lease Income: $3500.00 monthly $42,000.00 Annually Leased to Pyne Law, built 1999 1871sq.ft. Office Building #2 2104 W 23rd St. Panama City FL 32405 1684sq.ft. Brick Building 5 offices, lobby, Kitchen/break room, Mens & Women's bathrooms, Copier Room, Stock Room & Storage room, covered parking, rear entrance to lockable rear office, ideal for a Doctor or Professional practice. Paved Parking Lot with ample parking, High Traffic Count corner location at lighted intersection on main street thoroufare. Also includes $5,000.00 Annual income for Digital Billboard on edge of property. SALE: $1,299,000 ($364/SF) Owner Financing, flexible 10% down 30yr Mortgage 6.75% APR NET monthly mortgage payment is $3658.mo (Mortage Payment is $7574.mo less $3500.mo Lease Income & less $416.mo Digital Billboard income) EXPENSES: Includes 11.5 KW Solar Panel Photovoltaic System reducing electrical costs to appx $50.mo. Average, Property Tax $421mo ($5056.yr) BOP Business Owners Policy $884mo ($10,603yr) Wifi/Internet $170mo (included paid for one year)
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Building and Construction
- Covered Spaces: 0.00
- Living Area: 0.00
School Information
- High School: Bay
- Middle School: Jinks
- School Elementary: Northside
Garage and Parking
- Garage Spaces: 0.00
- Open Parking Spaces: 0.00
Utilities
- Carport Spaces: 0.00
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
- Legal Description: 25 3S 15W -20- 79A BEG 50' N & 50 ' W OF SE COR TH W 77.5' N 225' E 88.98' S 225' TO POB ORB 3224 P 1234
- Area Major: 02 - Bay County - Central
- Occupant Type: Occupied
- Parcel Number: 26750-000-000
- Possible Use: Commercial
- The Range: 0.00
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