Panama City - Beach Property For Sale #7318590

Multifamily / Commercial Property with Mixed-Use Zoning
Strategic Urban Location with Residential and Commercial Potential

Urban Area o Mixed-Use Zoning o Strong Investment Appeal

This multifamily / commercial property is located in a consolidated urban area, offering an excellent opportunity for residential, commercial, or mixed-use development, in accordance with its RM3 zoning. The property benefits from paved road access, full public services, and a surrounding environment with active urban dynamics.

The property sits on a 432.68 m2 (4,656 sq ft) lot and features approximately 385.00 m2 (4,144 sq ft) of enclosed construction. The total area considered for appraisal purposes is 432.68 m2 (4,656 sq ft), making it a solid asset for redevelopment, rental income, or long-term investment.

The existing structure is built with masonry construction, combining concrete slab and zinc roofing, with tile and concrete flooring throughout. All essential utilities are available, including water, electricity, sewage, and public lighting, ensuring immediate usability and development feasibility.

Property Overview

Lot size: 432.68 m2 (approx. 4,656 sq ft)
Approximate enclosed construction area: 385.00 m2 (approx. 4,144 sq ft)
Total area considered for appraisal: 432.68 m2 (approx. 4,656 sq ft)
Zoning: RM3 - Mixed-use (residential / commercial)
Construction type: Masonry
Roofing: Concrete slab and zinc
Flooring: Tile and concrete
Utilities: Water, electricity, sewage, public lighting

Location & Zoning

Urban location with paved road access
Mixed-use zoning allowing residential and commercial development
Well-established urban environment
Strong accessibility and service coverage

Inspection / Appraisal Date

May 2025

Asking Price

US$1,300,000

This property represents a strong investment opportunity for developers or investors seeking a versatile asset in an urban location with mixed-use zoning and solid development potential.