1320 N Tyndall Pkwy Panama City, FL 32404
Estimated payment $13,071/month
Highlights
- 1.83 Acre Lot
- Multiple cooling system units
- 1-Story Property
- No HOA
About This Home
Incredible Investment Opportunity! This income-producing commercial property features three freestanding buildings situated on a high-visibility corner lot along N Tyndall Parkway in Panama City, FL. Generating a Net Operating Income of $162,000 annually, this fully leased property offers immediate cash flow and long-term value.Positioned in a high-traffic corridor with strong commercial activity, this property is ideal for investors seeking stable returns or a 1031 exchange. Tenants enjoy excellent access, on-site parking, and prime frontage on one of the area's busiest thoroughfares. Zoned for flexible commercial use, this property is minutes from Tyndall Air Force Base, Walmart, and numerous national and local retailers. This Sale consists of Three Parcels.Don't miss this rare chance to own a high-performing asset in a rapidly growing market.
Property Details
Property Type
- Other
Est. Annual Taxes
- $6,599
Year Built
- Built in 2005
Schools
- Callaway Elementary School
- Everitt Middle School
- Rutherford High School
Additional Features
- 1-Story Property
- 1.83 Acre Lot
- Multiple cooling system units
Community Details
- No Home Owners Association
Map
Home Values in the Area
Average Home Value in this Area
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 | $6,599 | $391,665 | $136,481 | $255,184 |
| 2023 | $6,599 | $389,865 | $136,481 | $265,067 |
| 2022 | $4,529 | $282,936 | $109,185 | $173,751 |
| 2021 | $4,180 | $261,312 | $109,185 | $152,127 |
| 2020 | $3,959 | $264,613 | $109,185 | $155,428 |
| 2019 | $3,937 | $268,630 | $109,185 | $159,445 |
| 2018 | $2,698 | $178,347 | $0 | $0 |
| 2017 | $2,745 | $179,065 | $0 | $0 |
| 2016 | $2,827 | $179,978 | $0 | $0 |
| 2015 | $6,409 | $410,755 | $0 | $0 |
| 2014 | $6,379 | $396,365 | $0 | $0 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/11/2025 07/11/25 | For Sale | $2,350,000 | -- | $297 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Interfamily Deed Transfer | -- | Attorney | |
| Special Warranty Deed | $300,000 | Attorney | |
| Warranty Deed | $304,000 | Attorney | |
| Warranty Deed | $275,000 | -- | |
| Interfamily Deed Transfer | -- | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $280,000 | Future Advance Clause Open End Mortgage | |
| Closed | $250,000 | Commercial | |
| Previous Owner | $43,000 | Seller Take Back | |
| Previous Owner | $117,500 | Seller Take Back | |
| Closed | $117,500 | No Value Available |
Source: Central Panhandle Association of REALTORS®
MLS Number: 776126
APN: 14918-000-000
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