PENDING
NEW CONSTRUCTION
436 Harrison Ave Unit 11 Panama City, FL 32401
Downtown NeighborhoodEstimated payment $4,099/month
Total Views
89
2
Beds
1
Bath
1,100
Sq Ft
$500
Price per Sq Ft
Highlights
- Bay View
- Cooling Available
- Home to be built
- Elevator
- Ceiling Fan
- 3-minute walk to McKenzie Park
About This Home
Introducing The Mashburn Building, an iconic structure featuring four stories and 27,000 square feet of historical charm, offering 18 industrial-style residential lofts. Located in the vibrant heart of Historic Downtown Panama City, this distinctive development features a dynamic fusion of commercial and residential spaces spread across multiple levels. Providing versatile layouts tailored to diverse preferences, encompassing co-working spaces, a restaurant, an inviting members-only lounge, and the potential addition of a rooftop lounge.Experience elevated living on floors three and four. Presenting Loft 11, boasting two bedrooms and 1,100 square feet of space, offering breathtaking vistas of St. Andrews Bay and Downtown Panama City. Enjoy panoramic views facing North, South, and West, including a picturesque overlook of Harrison Avenue. This loft seamlessly combines classic allure with modern sophistication, featuring industrial-inspired design elements such as concrete floors complemented by nearly 12-foot-tall ceilings. The kitchen will showcase sleek stainless steel appliances and elegant quartz countertops, adding to the allure of these exceptional spaces.Step right onto Harrison Ave and immerse yourself in the vibrant atmosphere of Downtown Panama City. Explore a plethora of dining options, breweries, coffee shops, boutique shopping, art and photo galleries, pilates and boxing club, a marina, and much more just moments away.The first purchaser to secure a loft under contract will receive a complimentary one-year ''1909 Membership'' at History Class. Additionally, the initial five buyers who sign and place their deposit will enjoy a year of complimentary leasing for a private parking spot.An enticing opportunity awaits investors seeking a second home, vacation retreat, or income-generating property at an attractive price point.Presently, the renderings are in the conceptual stage, characterized by artistic interpretation. More precise renderings will be developed as construction progresses. Construction to be completed by end of 2025.
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $23,677
Year Built
- Built in 2025
HOA Fees
- $554 Monthly HOA Fees
Home Design
- Home to be built
- Brick Exterior Construction
Interior Spaces
- 1,100 Sq Ft Home
- 4-Story Property
- Ceiling Fan
- Bay Views
Kitchen
- Electric Oven
- Electric Range
- Dishwasher
Bedrooms and Bathrooms
- 2 Bedrooms
- 1 Full Bathroom
Schools
- Cherry Street Elementary School
- Jinks Middle School
- Bay High School
Utilities
- Cooling Available
- Heating Available
Community Details
Overview
- Association fees include insurance, trash
- 18 Units
- Mid-Rise Condominium
Amenities
- Elevator
Map
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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 | $23,677 | $1,359,714 | -- | -- |
| 2023 | $23,677 | $1,236,104 | $173,250 | $1,062,854 |
| 2022 | $2,857 | $134,673 | $0 | $0 |
| 2021 | $2,671 | $122,430 | $0 | $0 |
| 2020 | $2,315 | $112,037 | $87,120 | $24,917 |
| 2019 | $1,974 | $102,984 | $79,200 | $23,784 |
| 2018 | $2,300 | $126,769 | $0 | $0 |
| 2017 | $2,276 | $126,448 | $0 | $0 |
| 2016 | $2,108 | $114,953 | $0 | $0 |
| 2015 | $2,120 | $112,936 | $0 | $0 |
| 2014 | $2,092 | $112,936 | $0 | $0 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/10/2024 05/10/24 | Pending | -- | -- | -- |
| 05/10/2024 05/10/24 | For Sale | $549,750 | -- | $500 / Sq Ft |
Source: Central Panhandle Association of REALTORS®
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $1,500,000 | -- | |
| Interfamily Deed Transfer | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $4,534,300 | New Conventional | |
| Closed | $800,000 | New Conventional |
Source: Public Records
Similar Homes in Panama City, FL
Source: Central Panhandle Association of REALTORS®
MLS Number: 756924
APN: 19553-000-000
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