Date
Details
Price
Change
Source
11/01/2024
Sold
$1,880,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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$1,880,000
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Property Description
Presenting a freshly renovated 223+/- unit self-storage complex, enhanced with 50 new units. Boasting an on-site office, digital signage, and electric access control gates with SiteLink synchronization available, this investment appeals to both corporate investors and owner-operators. While occupancy is currently north of 72% and trending upwards post-expansion it has yet to stabilize, providing potential for cap rates north of 10.0% once reaching market vacancies. Ideally situated between the area's major east/west commercial arteries, 15th Street and 23rd Street, this facility is nestled in the heart of Panama City's housing landscape. Reach out today for additional information.
Full Property Details
Full Property Details for 1717 Frankford Ave
General
- Sold For: $1,880,000
- Status: Closed
- Type: Commercial
- Source: Bay_County
- MLS ID: 769522
- Added to Site: 632 day(s) ago
Business
- Name: Frankford Storage
Interior
- Flooring: Concrete
Location
- County: Bay
- Subdivision: [No Recorded Subdiv]
- Driving Directions: Comp purposes only.
School Information
- Elementary School: Lucille Moore
- Middle School: Jinks
- High School: Bay
Community
- Community Name: 02 - Bay County - Central
Structural Information
- Stories/Levels: 1
- Year Built: 1978
- Other Struct. Feat.: Office, Private Restrooms, Pole Sign
Additional Structures
- Other Structures: Storage
Lot Features
- Lot Size (Acres): 1.91
- Zoning: Commercial
Financial Considerations
- Terms: Cash, Owner May Carry
Disclosures and Reports
- Legal Description: Comp purposes only.
- Property ID: 29385-000-000
Listed by Clubbs Real Estate Group LLC
Sold by Non-Member Office
Listing agent
— 1717 Frankford Ave —
Clubbs Real Estate Group LLC
NMLS#: 1598647Get Pre-Approved Today
Schools
Schools serving 1717 Frankford Ave
School District:Bay County School District
| Name | Grades | Distance |
|---|---|---|
Lucille Moore Elementary School 1900 Michigan Avenue, Panama City, FL 32405 | PK-5 | 0.9 mi |
Jinks Middle School 600 West 11th Street, Panama City, FL 32401 | 6-8 | 1.6 mi |
Bay High School 1200 Harrison Avenue, Panama City, FL 32401 | 9-12 | 2 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1717 Frankford Ave
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- Single Family
- Active
- Updated 6 days ago
- 3Beds
- 2Total Baths
- 1,721Sq. Ft.
Listed by Courtney Lincoln (850) 460-5393
- Single Family
- Active
- Updated 1 day ago
- 3Beds
- 2Total Baths
- 1,487Sq. Ft.
- Single Family
- Active
- Updated 5 days ago
- 3Beds
- 2Total Baths
- 1,631Sq. Ft.
- Single Family
- Active
- Updated 5 days ago
- 3Beds
- 2Total Baths
- 1,631Sq. Ft.
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- Single Family
- Active
- Updated 6 days ago
- 4Beds
- 2Total Baths
- 1,817Sq. Ft.
- Townhouse
- Active
- Updated 6 days ago
- 3Beds
- 3Total Baths
- 1,426Sq. Ft.
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- Single Family
- Closed
- Updated 5 days ago
- 5Beds
- 4Total Baths
1717 Frankford Avenue, Panama City, FL 32405 (MLS# 769522) is a Commercial property that was sold at $1,880,000 on November 01, 2024. Want to learn more about 1717 Frankford Avenue? Do you have questions about finding other Commercial real estate for sale in Panama City? You can browse all Panama City real estate or contact a Coldwell Banker agent to request more information.