$1,250,000
Panama City, FL 32401
MLS# 764175
Status: Sold
7661 sqft
1 / 78
Property Description
COMPLETELY UPDATED MEDICAL BUILDING DIRECTLY ACROSS THE STREET FROM ASCENSION SACRED HEART HOSPITAL WITH HIGH TRAFFIC COUNT! This medical building consists of two separate buildings that can each accommodate medical offices, and the second building also has an additional private office and apartment. The main building with approximately 3,864 SF features a reception area with large waiting room, six exam rooms, five offices, a medical supply/surgery room and two bathrooms. The second building has approximately 3,268 SF that includes a reception office and waiting area, four exam rooms, surgical room, large office and 2 bathrooms. As part of this building, there is also a separate private office with its own entry and bathroom, as well as a two-bedroom apartment at the west end of the building that would be perfect for traveling personnel. All exam rooms have been plumbed with sinks, and the buildings have both 220 and 110 electric. These offices are all move-in ready!!
Details
Maps
Contract Info
List Price/SqFt: 195.8
List Date: 2024-10-21
List Price: $1,500,000
Current Price: $1,250,000
Sub-Type: Office
Location
Sub Area: 0203 - Bay - Central SW
Community/Resort: Bunkers Cove
Waterfront: No
Elementary School: Cherry Street
Middle School: Jinks
High School: Bay
Directions: South on MLK Bld., (Hwy. 77) to between 6th and 7th St. on your right. This Medical Office Building is directly across from Ascension Sacred Heart Hospital.
Area: 02 - Bay County - Central
Street #: 619
Street Name: MLK
Street Suffix: Boulevard
State: FL
Zip Code: 32401
County: Bay
Subdivision: Sudduths 1st Add
Parcel ID: 20368-000-000
Legal Description: SUDDUTHS 1ST ADD. LOTS 10,11,12 BLK 1 ORB 1741 P 1089 LESS HWY 77 R/W DOT PRCL# 110 ORB 2311 P 1485 ORB 2631 P 1539
General Property Info
List Class: Commercial
Site Dimensions: 150 x 129
Acreage: 0.44
Immediate Occupancy: Yes
Construction Status: Construction Complete
SqFt HVAC: 7132
SqFt - Office: 7132
# of Stories in Building: 1
Frontage Ft: 150
SqFt Tot Bldg: 7661
Lot Depth: 129
Lot SqFt: 19350
Year Built: 1963
Listing Info, Tax and Legal
HOA Fee: No
Remarks & Misc
Remarks: COMPLETELY UPDATED MEDICAL BUILDING DIRECTLY ACROSS THE STREET FROM ASCENSION SACRED HEART HOSPITAL WITH HIGH TRAFFIC COUNT! This medical building consists of two separate buildings that can each accommodate medical offices, and the second building also has an additional private office and apartment. The main building with approximately 3,864 SF features a reception area with large waiting room, six exam rooms, five offices, a medical supply/surgery room and two bathrooms. The second building has approximately 3,268 SF that includes a reception office and waiting area, four exam rooms, surgical room, large office and 2 bathrooms. As part of this building, there is also a separate private office with its own entry and bathroom, as well as a two-bedroom apartment at the west end of the building that would be perfect for traveling personnel. All exam rooms have been plumbed with sinks, and the buildings have both 220 and 110 electric. These offices are all move-in ready!!
Office/Member Info
Seller Concessioins: No
Status Change Info
Sold Price/SqFt: 163.16
Sold Price/Acre: 2840909.09
Status: Sold
Under Contract Date: 2025-03-20
Sold Date: 2025-05-30
Sold Price: $1,250,000
Office
Year Built: 1963
Building SqFt: 7132
Other
Year Built: 1963
Net Operating Income: 113750
Construction/Siding
Block: 1
Roof - Metal: 1
Siding - Stucco: 1
Energy
AC - 2 or More: 1
AC - Central Elect: 1
Heat - Central Electric: 1
Water Heater - Electric: 1
Financing
Cash: 1
Conventional: 1
Present Zoning
City: 1
Commercial: 1
Utilities
All Utilities: 1
Electricity - Connected: 1
Public Sewer - Connected: 1
Water Connected: 1
Accessibility Features
Accessible Approach with Ramp: 1
Accessible Common Area: 1
Sale Type
As Is: 1
Business/Property
Freestanding Building: 1
Furnished - None: 1
Kitchen Area: 1
Living Quarters: 1
Office Area: 1
Restrooms - Private: 1
Floors in Unit/Home
One: 1
Heating/Cooling
AC - HVAC: 1
Heat - HVAC: 1
Offering Type
Real Estate: 1
Pricing Type
Sale Price: 1
Site Description
Cleared: 1
Corner Location: 1
Landscaped: 1
Survey: 1
Transport. Access
4-Lane: 1
Divided Highway: 1
Paved: 1
Property Features
Accessibility Features: Accessible Approach with Ramp; Accessible Common Area
Energy: AC - 2 or More; AC - Central Elect; Heat - Central Electric; Water Heater - Electric
Financing: Cash; Conventional
Offering Type: Real Estate
Pricing Type: Sale Price
Present Zoning: Commercial
Sale Type: As Is
Site Description: Cleared; Corner Location; Landscaped; Survey
Utilities: All Utilities; Electricity - Connected; Public Sewer - Connected; Water Connected
Listing Office: Anchor Realty Florida
Last Updated: June - 04 - 2025
Information deemed reliable but not guaranteed.