$549,750
Panama City, FL 32401
MLS# 756924
Status: Pending
2 beds | 1 baths | 1100 sqft

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Property Description
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.
Details
Maps
Contract Info
Status: Pending
List Date: 2024-05-10
List Price: $549,750
List Price/SqFt: 499.77
Current Price: $549,750
Location
Area: 02 - Bay County - Central
Street #: 436
Street Name: Harrison
Street Suffix: Avenue
Unit #: 11
State: FL
Zip Code: 32401
County: Bay
Sub Area: 0203 - Bay - Central SW
Subdivision: No Named Subdivision
Community/Resort: None
Waterfront: No
Parcel ID: TBD
Elementary School: Cherry Street
Middle School: Jinks
High School: Bay
Directions: From 98, South on Harrison Ave to Downtown Panama City. The Mashburn Building will be on your Left.
Legal Description: TBD
General Property Info
Sub-Type: Condominium
Floor Number: 4
Design: Mid-Rise (4-7 floors)
Apx SqFt(Htd/Cooled): 1100
SqFt Source: Builders Plans
Bedrooms: 2
Full Baths: 1
Total Baths: 1
# of Stories in Building: 4
# of Units in Bldg: 18
Year Built: 2025
Immediate Occupancy: No
Construction Status: To Be Built
Garage Y/N: No
Lot Dimensions: Condo
Status Change Info
Under Contract Date: 2024-05-10
Property Features
Appliances: Dishwasher; Oven - Electric; Range - Electric
Cooling: Ceiling Fan(s); Electric
Heating: Electric
Association Fees Include: Insurance; Trash Disposal
Financing: Cash
Furnished: Unfurnished
Lot Features: Within 1/2 Mile to Water
Lot Access: Paved Road
Association Amenities: Elevators; Other - See Remarks
Rooms: Bedroom; Kitchen
Special List Prov: Condo Association
Utilities: Electricity - Connected; Public Sewer - Connected; Water Connected
Waterview: Bay
Room Information
| Room Name | Dimensions | Length | Width | Dimensions | Remarks |
| Kitchen | 16 x 15 | 16.00 | 15.00 | 16 x 15 | See Plans |
| Bedroom | 12.25 x 15 | 12.25 | 15.00 | 12.25 x 15 | See Plans |
Listing Office: Counts Real Estate Group Inc
Last Updated: October - 03 - 2025
Information deemed reliable but not guaranteed.
