1602 Martin Luther King Boulevard, Panama City, FL 32405 (MLS# 932920)


$1,750,000
1602 Martin Luther King Boulevard
Panama City, FL 32405
MLS# 932920



1602 Martin Luther King Boulevard, Panama City, FL 32405
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1602 Martin Luther King Boulevard, Panama City, FL 32405 1602 Martin Luther King Boulevard, Panama City, FL 32405 1602 Martin Luther King Boulevard, Panama City, FL 32405 1602 Martin Luther King Boulevard, Panama City, FL 32405 1602 Martin Luther King Boulevard, Panama City, FL 32405 1602 Martin Luther King Boulevard, Panama City, FL 32405 1602 Martin Luther King Boulevard, Panama City, FL 32405 1602 Martin Luther King Boulevard, Panama City, FL 32405 1602 Martin Luther King Boulevard, Panama City, FL 32405 1602 Martin Luther King Boulevard, Panama City, FL 32405 1602 Martin Luther King Boulevard, Panama City, FL 32405 1602 Martin Luther King Boulevard, Panama City, FL 32405 1602 Martin Luther King Boulevard, Panama City, FL 32405 1602 Martin Luther King Boulevard, Panama City, FL 32405 1602 Martin Luther King Boulevard, Panama City, FL 32405 1602 Martin Luther King Boulevard, Panama City, FL 32405 1602 Martin Luther King Boulevard, Panama City, FL 32405 1602 Martin Luther King Boulevard, Panama City, FL 32405 1602 Martin Luther King Boulevard, Panama City, FL 32405 1602 Martin Luther King Boulevard, Panama City, FL 32405 1602 Martin Luther King Boulevard, Panama City, FL 32405 1602 Martin Luther King Boulevard, Panama City, FL 32405 1602 Martin Luther King Boulevard, Panama City, FL 32405 1602 Martin Luther King Boulevard, Panama City, FL 32405 1602 Martin Luther King Boulevard, Panama City, FL 32405 1602 Martin Luther King Boulevard, Panama City, FL 32405 1602 Martin Luther King Boulevard, Panama City, FL 32405 1602 Martin Luther King Boulevard, Panama City, FL 32405 1602 Martin Luther King Boulevard, Panama City, FL 32405 1602 Martin Luther King Boulevard, Panama City, FL 32405 1602 Martin Luther King Boulevard, Panama City, FL 32405 1602 Martin Luther King Boulevard, Panama City, FL 32405 1602 Martin Luther King Boulevard, Panama City, FL 32405 1602 Martin Luther King Boulevard, Panama City, FL 32405 1602 Martin Luther King Boulevard, Panama City, FL 32405 1602 Martin Luther King Boulevard, Panama City, FL 32405 1602 Martin Luther King Boulevard, Panama City, FL 32405 1602 Martin Luther King Boulevard, Panama City, FL 32405 1602 Martin Luther King Boulevard, Panama City, FL 32405 1602 Martin Luther King Boulevard, Panama City, FL 32405 1602 Martin Luther King Boulevard, Panama City, FL 32405 1602 Martin Luther King Boulevard, Panama City, FL 32405 1602 Martin Luther King Boulevard, Panama City, FL 32405 1602 Martin Luther King Boulevard, Panama City, FL 32405 1602 Martin Luther King Boulevard, Panama City, FL 32405

Property Description
This property is a perfect location for any construction services, industrial services, or a manufacturing business. This is a 1.86 acre fenced in lot with an electric security gate. Property is conveniently located to main roadways including Hwy 231, Hwy 77, Hwy 98 and 23rd St. Highlights include 2875 sq/ft of office and 4257 sq/ft of warehousing, asphalt slab approx. 162' x 162', with plenty of greenspace, and extra auxiliary storage buildings. There is available access to MLK Blvd and to Louisiana Ave. The property provides approx. 345 feet of main road frontage off of MLK Blvd. Lot is Industrial commercial zoning. Recently renovated Office building includes: 5 offices, 3 bathrooms, a kitchenette, and reception area.

Details
None
Current Price: $1,750,000
Status Change Info
Status: Active
Contract Info
GCCMLS Number: 30856734
List Date: 2023-09-22
List Price: $1,750,000
Listing Board: Emerald Coast
Location, Tax and Legal
Area: 27 - Bay County
Street #: 1602
Street Name: Martin Luther King
Street Suffix: Boulevard
State: FL
Zip Code: 32405
County: Bay
Sub Area: 2701 - Bay - Central NE
Parcel ID: 14494-000-000
Legal Description: KEITH'S 4TH ADD. LOTS 6,7,8 BLK 2 LESS MLK R/W ORB 3020 P 1987 LESS DOT PRCL# 189.1
General Property Info
Listed on GCCMLS: Yes
Lot Frontage: 340
Lot Depth: 248
Listing Info, Tax & Legal
As Is: Yes
Remarks & Misc
Remarks: This property is a perfect location for any construction services, industrial services, or a manufacturing business. This is a 1.86 acre fenced in lot with an electric security gate. Property is conveniently located to main roadways including Hwy 231, Hwy 77, Hwy 98 and 23rd St. Highlights include 2875 sq/ft of office and 4257 sq/ft of warehousing, asphalt slab approx. 162' x 162', with plenty of greenspace, and extra auxiliary storage buildings. There is available access to MLK Blvd and to Louisiana Ave. The property provides approx. 345 feet of main road frontage off of MLK Blvd. Lot is Industrial commercial zoning. Recently renovated Office building includes: 5 offices, 3 bathrooms, a kitchenette, and reception area.
Office/Member Info
Cooperative Comp: 2.5
Cooperative Comp Type: %
Doors & SqFt
Warehouse SF: 4257
Industrial
Building SqFt: 7612
Year Built: 1963
Property Type: Flex Space
Office
Year Built: 1963
Unit SqFt: 2875
# of Units: 5
Other
# of Units: 7
Property Features
Class: Industrial; Office; Other
Construction Status: Existing
Supplements
Office has a standing seam metal roof from 2022, hot water heater 2022, HVAC 2022. Office also features an icehouse where team members can fill up coolers before going into the field. Wearhouse building has 7 roll up bay doors, 3 of which are 16ft power roll up bay doors. Wearhouse building has a 2019 screw down metal roof. This property features 37 parking spaces with plenty of room for additional parking, as well as plenty of room for additional building and expansion. No detail was spared to make this a functional and efficient commercial use property. Note there is a new survey denoting where a portion of the frontage was sold to DOT, that can be referenced. When the DOT takes over this section, they have agreed to make all necessary repairs and renovations as a remedy.

Listing Office: EXP Realty LLC

Last Updated: February - 23 - 2024

All information is believed to be accurate but is not guaranteed. Protected by Copyright© 2020 and is owned either by the Emerald Coast Association of REALTORS®, Inc or by the developers of the software, FBS, Inc. All rights reserved.

Wednesday 15th of May 2024 10:12 AM