$1,199,000
2309 Frankford Avenue
Panama City, FL 32405
MLS# 786458
3555 sqft
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Property Description
2ea Office Buildings Furnished . $1,199,000 3,555 Total Sq.Ft. Seller Financing 5% DOWN & NET monthly mortgage payment $4399 Building#1 2309 Frankford Ave Panama City FL 32405 Brick Office Building built 1999, 1871sq.ft. Currently 5-yr Lease Income: $3500.00 monthly ($42,000.00yr) Leased to Pyne Law Firm Building #2 2104 W 23rd St. Panama City FL 32405 1684sq.ft. Brick Building, 5 offices, lobby, kitchen/break room, Men's & Women's bathrooms, Copier Room, Stock Room & Storage room, COVERED parking, rear entrance to lockable rear office, ideal for a Professional practice. Paved Parking Lot with ample parking on 15,246 Sq Ft Lot, High Traffic Count corner location at lighted intersection on main street thoroughfare. 2ea Street Signs permitted & installed. Also includes $5,000.00 Annual income for Digital Billboard on edge of property. MLS#786458 - 2309 Frankford Ave, Panama City, FL 32405 $1,199,000 ($337/SF) Owner Financing-5% down, 30yr Mortgage 7.95% APR NET monthly mortgage payment is $4399.mo (30-yr Mortgage Payment is $8318.mo offset by -$3500.mo Lease Income and -$416.mo Digital Billboard income) EXPENSES: FPL Florida Power & Light base charge only $39 monthly. Includes 11.5 KW Solar Panel Photovoltaic System reducing electrical costs to $39 monthly. Property Tax 2026 $421mo ($5056.yr) BOP Business Owners Policy $827.mo ($9,924.yr) Wifi/Internet $170.mo (included paid for the first year)

Details
Maps
Contract Info
List Price/SqFt: 337.27
List Date: 2026-03-07
List Price: $1,199,000
Current Price: $1,199,000
Sub-Type: Other
Location
Sub Area: 0204 - Bay - Central NW
Community/Resort: None
Waterfront: No
Elementary School: Northside
Middle School: Jinks
High School: Bay
Directions: from Panama City Beach; drive over Bridge, right 2 lanes to exit onto 23rd St, 1-1/2 mile on Lefty, Corner Frankford & 23rd St across from Cramer GMC Cadillac & Enterprise. Directions from Hwy 231 South, Turn Right on 23rd St, 2miles on Right. Directions from Hwy 390 South, turn Left on Frankford Ave, 1/4 mile on Right.
Area: 02 - Bay County - Central
Street #: 2309
Street Name: Frankford
Street Suffix: Avenue
State: FL
Zip Code: 32405
County: Bay
Subdivision: No Named Subdivision
Parcel ID: 26750-000-000
Legal Description: 25 3S 15W -20- 79A BEG 50' N & 50 ' W OF SE COR TH W 77.5' N 225' E 88.98' S 225' TO POB ORB 3224 P 1234
General Property Info
List Class: Commercial
Acreage: 0.35
Construction Status: Construction Complete
SqFt Tot Bldg: 3555
Year Built: 1996
Listing Info, Tax and Legal
HOA Fee: No
Remarks & Misc
Remarks: 2ea Office Buildings Furnished . $1,199,000 3,555 Total Sq.Ft. Seller Financing 5% DOWN & NET monthly mortgage payment $4399 Building#1 2309 Frankford Ave Panama City FL 32405 Brick Office Building built 1999, 1871sq.ft. Currently 5-yr Lease Income: $3500.00 monthly ($42,000.00yr) Leased to Pyne Law Firm Building #2 2104 W 23rd St. Panama City FL 32405 1684sq.ft. Brick Building, 5 offices, lobby, kitchen/break room, Men's & Women's bathrooms, Copier Room, Stock Room & Storage room, COVERED parking, rear entrance to lockable rear office, ideal for a Professional practice. Paved Parking Lot with ample parking on 15,246 Sq Ft Lot, High Traffic Count corner location at lighted intersection on main street thoroughfare. 2ea Street Signs permitted & installed. Also includes $5,000.00 Annual income for Digital Billboard on edge of property. MLS#786458 - 2309 Frankford Ave, Panama City, FL 32405 $1,199,000 ($337/SF) Owner Financing-5% down, 30yr Mortgage 7.95% APR NET monthly mortgage payment is $4399.mo (30-yr Mortgage Payment is $8318.mo offset by -$3500.mo Lease Income and -$416.mo Digital Billboard income) EXPENSES: FPL Florida Power & Light base charge only $39 monthly. Includes 11.5 KW Solar Panel Photovoltaic System reducing electrical costs to $39 monthly. Property Tax 2026 $421mo ($5056.yr) BOP Business Owners Policy $827.mo ($9,924.yr) Wifi/Internet $170.mo (included paid for the first year)
Utilities
Electricity - Connected: 1
Floors in Unit/Home
One: 1
Status Change Info
Status: Active
Property Features
Utilities: Electricity - Connected
Listing Office: Savvy Avenue LLC

Last Updated: April - 16 - 2026

Information deemed reliable but not guaranteed.

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