Commercial > Hospitality
Active
12/08/2024
List Price
$565,000
2900 5th St
Panama City, FL 32401
- -Bed
- -Bath
- 3,410ft²Living Area
- 0.3acLot Size
- -Pool
- -Car
- 1947Year Built
- 68DOM
- 8Permits
2900 5th St, Panama City, FL 32401 is a 3,410 ft² commercial hospitality property property built in 1947 on a 0.330 acre lot with 8 construction permits. This commercial hospitality property is currently listed for $565,000, and it was last sold in 2016 for $100,000.
MLS Description
The listing agent's description. Original Listing
Prime Commercial Property located in the heart of Panama City! This versatile property spans 0.33 acres and features two distinct buildings offering incredible investment potential. The first building is a 1,976 sq. ft. restaurant with an approx. 1,242 sq. ft. apartment upstairs, perfect for generating additional rental income or owner-occupied use. The second building is a renovated 1,262 sq. ft. office/retail space, ideal for professional services, boutique retail, or other business ventures.Zoned GC-2 (General Commercial-2), this property is situated within a district designed for neighborhood commercial activities, including retail, professional offices, and service-oriented businesses. With an Annual Average Daily Traffic count of 18,100, your business will benefit from excellent visibility and easy accessibility.Whether you're looking for an investment opportunity or a versatile property for your business, this location offers a unique combination of space, zoning flexibility, and income potential. Don't miss the chance to own this exceptional property in Panama City!
Listing Agents
The listing agent for 2900 5th St is Heather H Neubauer.
HH
Heather H Neubauer
ERA Neubauer Real Estate Inc
License: 3257545
Phone: (850) 785-1551
Permits
2900 5th St has 8 permit records.
Permit History
8
Permits
Current Ownership
Information about the current owner(s).
Taxes Billed
Taxes billed in 2023$2,234.81From latest Total Assessed Value1.78%Total Assessed Value$125,873=Land+
Assessed Value$50,400Additions
Assessed Value$75,473
In 2023, taxes billed for 2900 5th St were $2,234.81, which is 1.78% from latest Total Assessed Value of $125,873.
Property History
2900 5th St has undefined property events records (listings, deeds, permits, tax, foreclosure, loan).
Property Events
Environment
Environmental factors around 2900 5th St
Hazard Risks
Hurricane405Weather264Tornado145Nat'l Avg100Particulates92Ozone78Air Pollution73Carb Mono62Lead42Wind26Earthquake19Hail11
12 hazards (Carbon Monoxide, Earthquake Risk, Hail Index, Tornado Index, Hurricane Index, Air Pollution Index, Ozone Index, Wind Index, Weather Risk, Lead Index, Particulate Matter, National Average) are above the national average around 2900 5th St.
Walkability Index
13 /20
Most Walkable
20-18
Very Walkable
17-15
Somewhat Walkable
14-10
Car Dependent
9-0
2900 5th St has a walkability score of 13 out of 20, which means that it is in a somewhat walkable area.
Temperature
Seasonal temperature sampled over multiple years
Winter
Average
Low
44°F
High
64°F
Summer
Average
Low
73°F
High
90°F
In the winter at 2900 5th St, temperatures range from 44.32°F to 64.46°F with an average of 54.39°F. In the summer, the temperature ranges from 72.93°F to 89.59°F with and average of 81.26°F.
School Information
Public/private schools serving 2900 5th St
Public Schools
Rutherford High School
Grades: 6-12
0.79 mi
D-
Bay Virtual Instruction Program
Grades: KG-11
3.63 mi
Bay Virtual Franchise
Grades: KG-12
3.63 mi
B-
Bay Virtual Instruction (Course Offerings)
Grades: 9-12
3.63 mi
* The school rating is based entirely on the test score performance of each school. It is based on a scale of A-F, A being best.
Nearby public schools serving 2900 5th St have ratings undefined, undefined, undefined, and undefined.
Neighborhood
This property is located in Millville, Panama City, FL 32401.
Seasonal Housing units 32401
11%of housing is for seasonal rent.
Daytime Population for 32401
+32%of people during work hours.
Boundary map of Millville.
Crime Index for 32401
142
142
The crime index in 32401 is 142, which is 1.4 times higher than national average.
Market Trends
Historical market data near 2900 5th St over selected time period.
Nearby Properties on 5th St
- 530 E 5th St, Panama City, FL 32401 (Downtown North) is a 904 square foot, 2 bedroom, 1 bathroom, 0.16 acre property. It was built in 1938 and has an estimate of $48,057 with a price per ft² of $53.
- 522 E 5th St, Panama City, FL 32401 (Downtown North) is a 1,170 square foot, 3 bedroom, 1 bathroom, 0.16 acre property. It was built in 1938 and has an estimate of $47,466 with a price per ft² of $41.
- 1109 E 5th St, Panama City, FL 32401 (Old Orchard) is a 2,500 square foot, 4 bedroom, 3 bathroom, 0.83 acre property. It was built in 1966 and has an estimate of $377,667 with a price per ft² of $151.
- 1213 E 5th St, Panama City, FL 32401 (Old Orchard) is a 2,470 square foot, 3 bedroom, 2 bathroom, 0.3 acre property. It was built in 1989 and has an estimate of $342,500 with a price per ft² of $139.
- 518 E 5th St, Panama City, FL 32401 (Downtown North) is a 1,055 square foot, 2 bedroom, 1 bathroom, 0.16 acre property. It was built in 1990 and has an estimate of $168,058 with a price per ft² of $159.
- 526 E 5th St, Panama City, FL 32401 (Downtown North) is a 1,152 square foot, 2 bedroom, 1 bathroom, 0.16 acre property. It was built in 1935 and has an estimate of $45,553 with a price per ft² of $40.
- 534 E 5th St, Panama City, FL 32401 (Downtown North) is a 1,303 square foot, 3 bedroom, 1 bathroom, 0.32 acre property. It was built in 2015 and has an estimate of $286,496 with a price per ft² of $220.
- 525 E 5th St, Panama City, FL 32401 (Downtown North) is a 1,487 square foot, 3 bedroom, 2 bathroom, 0.32 acre property. It was built in 1935 and has an estimate of $147,615 with a price per ft² of $99.
- 527 E 5th St, Panama City, FL 32401 (Downtown North) is a 986 square foot, 2 bedroom, 1 bathroom, 0.24 acre property. It was built in 1956 and has an estimate of $171,587 with a price per ft² of $174.
- 515 E 5th St, Panama City, FL 32401 (Downtown North) is a 1,510 square foot, 3 bedroom, 2 bathroom, 0.31 acre property. It was built in 2015 and has an estimate of $352,695 with a price per ft² of $234.
- 539 E 5th St, Panama City, FL 32401 (Downtown North) is a 768 square foot, 2 bedroom, 1 bathroom, 0.24 acre property. It was built in 1950 and has an estimate of $59,641 with a price per ft² of $78.
- 546 E 5th St, Panama City, FL 32401 (Downtown North) is a 1,036 square foot, 2 bedroom, 1 bathroom, 0.16 acre property. It was built in 1975 and has an estimate of $167,150 with a price per ft² of $161.
- 551 E 5th St, Panama City, FL 32401 (Downtown North) is a 896 square foot, 2 bedroom, 1 bathroom, 0.24 acre property. It was built in 1994 and has an estimate of $182,380 with a price per ft² of $204.
- 6725 E 5th St, Panama City, FL 32404 is a 1,984 square foot, 3 bedroom, 1 bathroom, 0.95 acre property. It was built in 1927 and has an estimate of $259,123 with a price per ft² of $131.
- 2226 E 5th St, Panama City, FL 32401 (Millville) is a 10,156 square foot and 0.95 acre property.
- 2204 E 5th St, Panama City, FL 32401 (Millville) is a 1,821 square foot, 2 bedroom, 2 bathroom, 0.24 acre property. It was built in 1992 and has an estimate of $220,700 with a price per ft² of $121.
- 2200 E 5th St, Panama City, FL 32401 (Millville) is a 3,487 square foot and 0.5 acre property.
- 2225 E 5th St, Panama City, FL 32401 (Pinecrest) is a 1,127 square foot, 2 bedroom, 1 bathroom, 0.45 acre property. It was built in 1940 and has an estimate of $178,862 with a price per ft² of $159.
- 2205 E 5th St, Panama City, FL 32401 (Pinecrest) is a 2,950 square foot, 3 bedroom, 2 bathroom, 0.13 acre property.
- 2203 E 5th St, Panama City, FL 32401 (Pinecrest) is a 780 square foot, 2 bedroom, 1 bathroom, 0.26 acre property. It was built in 1940 and has an estimate of $93,959 with a price per ft² of $120.
- 1654 E 5th St, Panama City, FL 32401 (Millville) is a 9,684 square foot and 3.26 acre property.
- 2907 E 5th St, Panama City, FL 32401 (Millville) is a 2,849 square foot, 5 bedroom, 2 bathroom, 0.31 acre property. It was built in 1946 and has an estimate of $164,064 with a price per ft² of $58.
- 3128 E 5th St, Panama City, FL 32401 is a 1,767 square foot, 3 bedroom, 2 bathroom, 0.52 acre property.
- 2933 E 5th St, Panama City, FL 32401 (Millville) is a 1,412 square foot, 3 bedroom, 1 bathroom, 0.5 acre property. It was built in 1932 and has an estimate of $165,470 with a price per ft² of $117.
- 614 E 5th St, Panama City, FL 32401 (Downtown North) is a 1,266 square foot, 3 bedroom, 2 bathroom, 0.21 acre property. It was built in 1940 and has an estimate of $186,509 with a price per ft² of $147.
- View more properties on 5th St