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$ 699,000
Est. payment /mo
Price Dropped by $21K
5311 E Hwy 22 Panama City, FL 32404
0.71 Acres Lot
UPDATED:
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Subdivision No Named Subdivision
MLS Listing ID 764939
HOA Y/N No
Year Built 1991
Lot Size 0.710 Acres
Acres 0.71
Property Description
This exceptional investment property offers a recently renovated +/-4,004-square-foot building, redesigned in 2023 to meet modern standards. Fully leased for three years by a thriving daycare, it provides a low-maintenance, income-generating asset with reliable cash flow. The versatile layout includes well-designed classrooms, administrative spaces, and support facilities, making it ideal for educational institutions. With a stable tenant in place, this turnkey property is an attractive opportunity for investors seeking consistent returns in a growing sector.
Location
State FL
County Bay
Community Laundry Facilities
Area 02 - Bay County - Central
Interior
Cooling Multi Units
Fireplace No
Appliance Electric Water Heater
Exterior
Community Features Laundry Facilities
Utilities Available Electricity Available, Sewer Available, Water Available
Roof Type Shingle
Building
Story 1
Entry Level One
Sewer Public Sewer
Water Public
Level or Stories One
Schools
Elementary Schools Parker
Middle Schools Everitt
High Schools Rutherford
Others
Tax ID 24453-000-000
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Listed by NAI TALCOR