NOT LISTED FOR SALE

499 U S 231 Panama City, FL 32405

-- Bed
-- Bath
4,000 Sq Ft
1.42 Acres

Last Sold October 07, 2013

Last sale price $550,000 $138 Per Sq Ft

220 Days on Market

Highlights

  • No HOA
  • Display Windows
  • Multiple cooling system units

About This Home

As of October 2013

20,000 SF building in highly visible high traffic count location just north of downtown Panama City on US Highway 231. The building is currently demised to accommodate two tenants with approximately 12,400 SF space on the south side of the building and a 7,600 sf space on the north side of the building. The south side contains approximately 3,318 SF of office and north side contains approximately 1,346 SF of office. Clear height ranges from 18-22 feet under a pitched metal roof. Dual bathrooms exist in both office spaces, the warehouse portion contains additional storage over office space with stair access, each has multiple drive in doors, and a below grade loading dock ramp.

Last Agent to Sell the Property

Brian Neubauer

ERA Neubauer Real Estate Inc License #667694 Listed on: 08/31/2012

ERA Neubauer Real Estate Inc

Last Buyer's Agent

Rex Free

Coldwell Banker United Realtor

Property Details

Property Type

  • Other

Year Built

  • Built in 1973

Lot Details

  • 1.42 Acre Lot
  • Lot Dimensions are 330x188
  • Property fronts a state road
  • Zoning described as Commercial

Home Design

  • Steel Frame
  • Metal Siding

Interior Spaces

  • 4,000 Sq Ft Home
  • Display Windows

Utilities

  • Multiple cooling system units
  • Central Air

Community Details

  • No Home Owners Association

Property Details

Property Type

Other

Year Built

Built in 1973

Lot Details

0

Listing Details

  • Property Type: Commercial Sale
  • Year Built: 1973
  • Property Sub Type: Other
  • Lot Size Acres: 1.42
  • Lot Size: 330X188
  • Road Frontage Type: State Road
  • Subdivision Name: No Named Subdivision
  • Property Attached Yn: No
  • ResoPropertyType: CommercialSale
  • Property Sub Type Additional: Other
  • Special Features: None

Interior Features

  • Possible Use: Other
  • Living Area: 4000.0
  • Window Features: Display Window(s)

Exterior Features

  • Construction Type: Metal Siding, Steel Frame
  • Roof: Vented

Utilities

  • Cooling: Central Air, Electric, Multi Units, Partial
  • Green Building Features: Kitchen Facilities, Office, Private Restrooms
  • Cooling Y N: Yes

Condo/Co-op/Association

  • Association: No

Lot Info

  • Zoning Description: Commercial

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 4, 2025
Sold by
W H G Phinizy Revocable Trust and Debra S Williams Revocable Trust
Bought by
State Of Florida Department Of Transportation

Purchase Details

Closed on
May 8, 2019
Sold by
Nathan Lee Head Of Jacksonville Llc
Bought by
State Of Florida Department Of Trans

Purchase Details

Listed on
Aug 31, 2012
Closed on
Sep 30, 2013
Sold by
Southern Electric Supply Company Inc
Bought by
Nathan Lee Head Of Jacksonville Llc
Seller's Agent
Brian Neubauer
ERA Neubauer Real Estate Inc
Buyer's Agent
Rex Free
Coldwell Banker United Realtor
List Price
$600,000
Sold Price
$550,000
Premium/Discount to List
-$50,000
-8.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,175,000
Interest Rate
4.53%
Mortgage Type
Commercial
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
State Of Florida Department Of Transportation -- None Listed On Document
State Of Florida Department Of Trans -- Attorney
Nathan Lee Head Of Jacksonville Llc $550,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Nathan Lee Head Of Jacksonville Llc $1,175,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/20/2022 06/20/22 Off Market $550,000 -- --
10/07/2013 10/07/13 Sold $550,000 -8.3% $138 / Sq Ft
04/08/2013 04/08/13 Pending -- -- --
08/31/2012 08/31/12 For Sale $600,000 -- $150 / Sq Ft
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 -- $294,100 $284,800 $9,300
2023 -- $294,100 $284,800 $9,300
2022 $0 $294,100 $284,800 $9,300
2021 $0 $602,443 $284,800 $317,643
2020 $0 $602,443 $284,800 $317,643
2019 $9,837 $649,673 $284,800 $364,873
2018 $9,837 $649,673 $0 $0
2017 $9,831 $617,309 $0 $0
2016 $9,561 $561,190 $0 $0
2015 $9,905 $510,173 $0 $0
2014 $6,877 $439,867 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2013

    Brian Neubauer

    ERA Neubauer Real Estate Inc

    (850) 276-4298

    15 Total Sales

    Brian Neubauer
    Section Image

  • R

    Buyer's Agent in 2013

    Rex Free

    Coldwell Banker United Realtor

See All Agents

Map

Source: Central Panhandle Association of REALTORS®

MLS Number: 602034

Central Panhandle Association of REALTORS®

APN: 14458-000-000

Florida Bay County Panama City 32405

499 U S 231, Panama City, FL

This home is located at 499 U S 231, Panama City, FL 32405 since 31 August 2012. This property was built in 1973. 499 U S 231 is a home located in Bay County with nearby schools including Hiland Park 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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