Ad #7405082
MLS #AM-5088388
Corner lot with house in Marbella - Zoned RM3/C2 - Leased
Marbella, Panama City
$3,000,000
--Beds
--Baths
5,382Sqft
--Acres
About this property
Corner lot with house in Marbella - Zoned RM3/C2 - Leased through 2029
Located in one of Panama City's most prestigious neighborhoods, this corner lot in Marbella sits on 961 m2 (10,344 ft2) of flat land on the quiet, dead-end street Calle Las Esmeraldas. With RM3/C2 zoning, the property allows for high-density residential or commercial development, making it a highly attractive opportunity for builders and investors looking to capitalize on the area's continued growth and demand.
The property includes a two-story house with approximately 500 m2 (5,382 ft2) of construction, featuring generous interior spaces, a private terrace, and a pool. The structure is currently being used as a senior care facility and is being sold with a long-term lease agreement already in place, providing immediate rental income and a solid return on investment.
The lease is active from November 2024 through November 2029, with the first three years at $4,700 per month and the last two years increasing to $4,936 per month. This translates to guaranteed income of over $280,000 during the full lease term, with minimal management required.
Whether you're seeking a passive income property, a redevelopment opportunity, or a strategic asset in the heart of Panama City, this lot checks all the boxes. The corner location, favorable zoning, current tenant, and solid lease terms offer unmatched value in a market where well-located properties are becoming increasingly rare.
Marbella is a central and upscale district known for its proximity to the financial district, luxury residences, corporate offices, and exclusive dining options. The area is one of the most sought-after in Panama for both commercial and residential developments due to its prime location and infrastructure.
This property represents not only a secure investment today, but also a valuable piece of land for future growth.
Property Features
0 Beds
0 Baths
5,382 Sqft
0 Acres
Panamá County
Additional Photos
Contact Information
Tina Punjabi
Engel & Völkers Panama City
Location
Listing Agent: Tina Punjabi
Broker: Engel & Völkers Panama City 507-678-0827 Listing Site
Copyright © 2026 Engel & Völkers. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Broker: Engel & Völkers Panama City 507-678-0827 Listing Site
Copyright © 2026 Engel & Völkers. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
BeachHouse.com
Printed Jul 24, 2026
Photo Gallery
$3,000,000
--
Beds
--
Baths
5,382
Sqft
Marbella, Panama City
By contacting this agent you agree to these Terms and Conditions.
MLS# AM-5088388
Corner lot with house in Marbella - Zoned RM3/C2 - Leased
$3,000,000
Marbella, Panama City
--
Beds
--
Baths
5,382
Sqft
--
Acres
$3,000,000
Marbella, Panama City
-- Beds
-- Baths
5,382 Sqft
-- Acres
Corner lot with house in Marbella - Zoned RM3/C2 - Leased through 2029
Located in one of Panama City's most prestigious neighborhoods, this corner lot in Marbella sits on 961 m2 (10,344 ft2) of flat land on the quiet, dead-end street Calle Las Esmeraldas. With RM3/C2 zoning, the property allows for high-density residential or commercial development, making it a highly attractive opportunity for builders and investors looking to capitalize on the area's continued growth and demand.
The property includes a two-story house with approximately 500 m2 (5,382 ft2) of construction, featuring generous interior spaces, a private terrace, and a pool. The structure is currently being used as a senior care facility and is being sold with a long-term lease agreement already in place, providing immediate rental income and a solid return on investment.
The lease is active from November 2024 through November 2029, with the first three years at $4,700 per month and the last two years increasing to $4,936 per month. This translates to guaranteed income of over $280,000 during the full lease term, with minimal management required.
Whether you're seeking a passive income property, a redevelopment opportunity, or a strategic asset in the heart of Panama City, this lot checks all the boxes. The corner location, favorable zoning, current tenant, and solid lease terms offer unmatched value in a market where well-located properties are becoming increasingly rare.
Marbella is a central and upscale district known for its proximity to the financial district, luxury residences, corporate offices, and exclusive dining options. The area is one of the most sought-after in Panama for both commercial and residential developments due to its prime location and infrastructure.
This property represents not only a secure investment today, but also a valuable piece of land for future growth.
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Property Details
HOME DETAILS
0 Beds
0 Baths
5,382 Sqft
0 Acres
FINANCIAL & COMMUNITY
Panamá County
Location
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Ad Statistics
Ad Number
7405082
Viewed
92 times
Listing Status
Active
Added
Mar 14, 2026
Last Refresh
Jul 24, 2026 07:15:10 PM
Listing Information
Data Source
Engel & Völkers
Source Property ID
AM-5088388
Listing Agent: Tina Punjabi
Broker: Engel & Völkers Panama City 507-678-0827 Listing Site
Copyright © 2026 Engel & Völkers. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Broker: Engel & Völkers Panama City 507-678-0827 Listing Site
Copyright © 2026 Engel & Völkers. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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