- Price$1,999,500
- Acres1.91
- Built1978
1717 Frankford Avenue, Panama City
Presenting a freshly renovated 223+/- unit self-storage complex, enhanced with 50 new units. Boasting an on-site office, digital signage, and electric access control gates with SiteLink synchronization available, this investment appeals to both corporate investors and owner-operators. While occupancy is currently north of 72% and trending upwards post-expansion it has yet to stabilize, providing potential for cap rates north of 10.0% once reaching market vacancies. Ideally situated between the area's major east/west commercial arteries, 15th Street and 23rd Street, this facility is nestled in the heart of Panama City's housing landscape. Reach out today for additional information.
Essential Information
- MLS® #758035
- Price$1,999,500
- Bathrooms0.00
- Acres1.91
- Year Built1978
- TypeCommercial Sale
- Sub-TypeOther
- StatusActive
Interior
- InteriorConcrete
- Stories1
Additional Information
- Date ListedJune 1st, 2024
Community Information
- Address1717 Frankford Avenue
- Area02 - Bay County - Central
- Subdivision[No Recorded Subdiv]
- CityPanama City
- CountyBay
- StateFL
- Zip Code32405
School Information
- ElementaryLucille Moore
- MiddleJinks
- HighBay
Listing Details
- Listing OfficeClubbs Real Estate Group LLC
Price Change History for 1717 Frankford Avenue, Panama City, FL (MLS® #758035)
| Date | Details | Price | Change |
|---|---|---|---|
| Active | – | – | |
| Pending (from Active) | – | – |
DISCLAIMER: IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information Source: Bay County Association Of REALTORS® Multiple Listing Service