3712 E 3rd St Panama City, FL 32401
Estimated payment $1,742/month
About This Home
This commercial space is perfect for many things! Some approved ideas from the city are catering/delivery business, food truck prep and commissary, bail bonds company, flower shop, cheer/tumble/ choreography practice room, butcher/meat processor, office space, laundromat, beauty salon/barber shop. The front half of this Mixed-Use building is approximately 1750 square foot of store front, office space, kitchen with tons of supplies, and a big open room for your needs. You can enter through the front of the building into a store front area, or through the French double doors on the left side of the building into the open room. The open room has two office spaces on the front side of the property. There is a third office just behind the store front area, heading into the kitchen space. The front half of the building is completely closed off from the back half of the building, but can easily be converted to be accessible if desired. The back half of the building is approximately 3800 square foot of warehouse, office space, kitchen, and a prep space for your needs. As you enter the building from the Claire Ave side, you walk into the prep space area. Continuing in, you will see the huge walk in freezer ahead, and the kitchen entrance to the right. There are two office spaces upstairs, as well as a loft/storage space. This property has a massive walk in refrigerator with three showcase doors for easy access. The oversized rolling utility door adds ease for bringing in large supplies. There is a documented rental income for the last three years for $5000 per month on the back and $1400 per month on the front. Call your favorite Realtor today to schedule your tour!
Property Details
Property Type
- Other
Est. Annual Taxes
- $846
Year Built
- Built in 1942
Schools
- Cherry Street Elementary School
- Everitt Middle School
- Rutherford High School
Additional Features
- Multi-Level Property
- 4,792 Sq Ft Lot
Community Details
- No Home Owners Association
- East Springfield Subdivision
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 | $846 | $42,602 | $24,000 | $18,602 |
| 2023 | $846 | $42,602 | $24,000 | $18,602 |
| 2022 | $754 | $38,759 | $0 | $0 |
| 2021 | $669 | $35,235 | $14,400 | $20,835 |
| 2020 | $245 | $10,250 | $9,600 | $650 |
| 2019 | $288 | $11,547 | $9,600 | $1,947 |
| 2018 | $736 | $42,685 | $0 | $0 |
| 2017 | $0 | $44,631 | $0 | $0 |
| 2016 | -- | $46,577 | $0 | $0 |
| 2015 | -- | $39,091 | $0 | $0 |
| 2014 | -- | $35,537 | $0 | $0 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/12/2025 06/12/25 | Pending | -- | -- | -- |
| 04/19/2025 04/19/25 | Price Changed | $299,000 | -14.3% | $54 / Sq Ft |
| 04/14/2025 04/14/25 | Price Changed | $349,000 | -12.5% | $63 / Sq Ft |
| 02/15/2025 02/15/25 | For Sale | $399,000 | -- | $72 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $370,000 | Mti Title | |
| Warranty Deed | $115,000 | Florida Land Title & Trust C | |
| Warranty Deed | $56,100 | None Available |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $259,000 | Credit Line Revolving | |
| Previous Owner | $75,000 | Purchase Money Mortgage | |
| Previous Owner | $45,000 | Future Advance Clause Open End Mortgage | |
| Previous Owner | $152,000 | Future Advance Clause Open End Mortgage |
Source: Central Panhandle Association of REALTORS®
MLS Number: 768908
APN: 23475-000-000
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