NOT LISTED FOR SALE

1001 Highway 98 Bus Unit 100 Panama City, FL 32401

Downtown North Neighborhood

Estimated Value: $4,239,853

-- Bed
-- Bath
16,174 Sq Ft
$262/Sq Ft Est. Value

Highlights

  • Bayou View
  • Corner Lot
  • Multiple cooling system units

About This Home

As of November 2018

Professional office building for sale or lease on East Business Highway 98 at the northeast corner of E. Business Highway 98 and Bonita Avenue. One block south of Sacred Heart-Bay Medical. The 1st floor office building is +/-8,087 square feet and available for lease. The U.S. Attorney's Office has a long-term lease for the entire 2nd floor. Landlord will subdivide and finish-to-suit. The new owner could occupy a portion of the building. Great location with views of Watson Bayou and only one block south of Sacred Heart/Bay Medical Center.

Last Agent to Rent the Property

Chris McCall

Counts Real Estate Group Inc Listed on: 10/25/2017

Last Renter's Agent

Chris McCall

Coldwell Banker Commercial NRT

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $25,718

Year Built

  • Built in 1952

Lot Details

  • Corner Lot
  • Zoning described as City,Commercial,General Commercial

Home Design

  • Stucco

Interior Spaces

  • 16,174 Sq Ft Home
  • 3-Story Property
  • Bayou Views

Schools

  • Cherry Street Elementary School
  • Jinks Middle School
  • Bay High School

Utilities

  • Multiple cooling system units
  • Central Air
  • 220 Volts

Community Details

  • Sudduths 4Th Add Subdivision

Property Details

Property Type

Other

Est. Annual Taxes

$25,718

Year Built

Built in 1952

Lot Details

0

Listing Details

  • Property Type: Commercial Lease
  • Year Built: 1952
  • Property Sub Type: Other
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Subdivision Name: Sudduths 4th Add
  • Unit Levels: Three Or More
  • ResoPropertyType: CommercialLease
  • Property Sub Type Additional: Other
  • Special Features: None

Interior Features

  • Possible Use: Commercial
  • Living Area: 16174.0

Exterior Features

  • View: Bayou
  • Waterfront: No
  • Construction Type: Stucco

Utilities

  • Utilities: Electricity Available, Sewer Available, Water Available
  • Cooling: Central Air, Electric, Multi Units
  • Green Building Features: Handicap Access
  • Cooling Y N: Yes
  • Electric: 220 Volts
  • Sewer: Public Sewer
  • Water Source: Public

Schools

  • Middle Or Junior School: Jinks

Lot Info

  • Lot Features: Corner Lot, Easement
  • Zoning Description: City,Commercial,General Commercial

MLS Schools

  • Elementary School: Cherry Street
  • High School: Bay

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 29, 2006
Sold by
R & G Investments Llc
Bought by
Marina Lakes Llc
Current Estimated Value
$4,239,853

Purchase Details

Closed on
Jun 1, 2001
Sold by
Crisp Donald R
Bought by
R & G Investments Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,150,000
Interest Rate
8.5%
Mortgage Type
Seller Take Back
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Marina Lakes Llc $2,821,100 Attorney
R & G Investments Llc $1,350,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner R & G Investments Llc $1,150,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/20/2022 06/20/22 Off Market $860,000 -- --
11/16/2018 11/16/18 Rented $860,000 +8599900.0% --
11/06/2018 11/06/18 Under Contract -- -- --
10/25/2017 10/25/17 For Rent $10 -- --
Source: Central Panhandle Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $25,718 $1,455,801 $364,650 $1,091,151
2023 $25,718 $1,484,275 $364,650 $1,119,625
2022 $24,292 $1,476,284 $328,185 $1,148,099
2021 $24,196 $1,429,440 $0 $0
2020 $21,645 $1,272,044 $328,185 $943,859
2019 $20,878 $1,291,712 $328,185 $963,527
2018 $23,002 $1,519,059 $0 $0
2017 $22,971 $1,532,783 $0 $0
2016 $23,927 $1,560,229 $0 $0
2015 $24,896 $1,578,815 $0 $0
2014 $24,899 $1,592,538 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • C

    Landlord's Agent in 2018

    Chris McCall

    Counts Real Estate Group Inc

See All Agents

Map

Source: Central Panhandle Association of REALTORS®

MLS Number: 664745

Central Panhandle Association of REALTORS®

APN: 21236-010-000

Florida Bay County Panama City 32401 Downtown North

1001 Highway 98 Bus Unit 100, Panama City, FL

This home is located at 1001 Highway 98 Bus Unit 100, Panama City, FL 32401 since 25 October 2017 and is currently priced at $4,239,853. This property was built in 1952. 1001 Highway 98 Bus Unit 100 is a home located in Bay County with nearby schools including Merriam Cherry Street Elementary School, Jinks Middle School, and Bay High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Central Panhandle Association of REALTORS® IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS.

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