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$1,299,000
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Property Description
2ea Office Buildings For Sale 3,555 total Sq.Ft 2309 Frankford Ave Panama City FL 32405 Brick Office Building Currently 5-yr Lease Income: $3500.00 monthly $42,000.00 Annually Leased to Pyne Law, built 1999 1871sq.ft. Office Building #2 2104 W 23rd St. Panama City FL 32405 1684sq.ft. Brick Building 5 offices, lobby, Kitchen/break room, Mens & Women's bathrooms, Copier Room, Stock Room & Storage room, covered parking, rear entrance to lockable rear office, ideal for a Doctor or Professional practice. Paved Parking Lot with ample parking, High Traffic Count corner location at lighted intersection on main street thoroufare. Also includes $5,000.00 Annual income for Digital Billboard on edge of property. SALE: $1,299,000 ($364/SF) Owner Financing, flexible 10% down 30yr Mortgage 6.75% APR NET monthly mortgage payment is $3658.mo (Mortage Payment is $7574.mo less -$3500.mo Lease Income & less -$416.mo Digital Billboard income) EXPENSES: Includes 11.5 KW Solar Panel Photovoltaic System reducing electrical costs to appx $50.mo. Average, Property Tax $421mo ($5056.yr) BOP Business Owners Policy $884mo ($10,603yr) Wifi/Internet $170mo (included paid for one year)
Full Property Details
Full Property Details for 2309 Frankford Ave
General
- Price: $1,299,000
- Status: Active
- Type: Commercial
- Source: Bay_County
- MLS ID: 786458
- Updated: 3/7/2026
- Added to Site: 15 day(s) ago
Location
- County: Bay
- Subdivision: No Named Subdivision
- Driving 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.
School Information
- Elementary School: Northside
- Middle School: Jinks
- High School: Bay
Community
- Community Name: 02 - Bay County - Central
Structural Information
- Year Built: 1996
Lot Features
- Lot Size (Acres): 0.35
- Lot Size (Sq. Ft.): 15,246
- Lot Size: .35
Disclosures and Reports
- 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
- Property ID: 26750-000-000
Listed by Savvy Avenue LLC
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Schools
Schools serving 2309 Frankford Ave
School District:Bay County School District
| Name | Grades | Distance |
|---|---|---|
Northside Elementary School 2001 Northside Drive, Panama City, FL 32405 | PK-5 | 1 mi |
Jinks Middle School 600 West 11th Street, Panama City, FL 32401 | 6-8 | 2 mi |
Bay High School 1200 Harrison Avenue, Panama City, FL 32401 | 9-12 | 2.4 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 2309 Frankford Ave
Date
Details
Price
Change
Source
3/07/2026
Listed
$1,299,000
107.84%
MLS
3/08/2010
Sold
$625,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 2309 Frankford Ave
Year
Property Taxes
Change
Tax Assessment
Change
2025
$4,850
-9%
$307,077
-2%
2024
$5,310
-3%
$313,731
-1%
2023
$5,463
21%
$316,097
20%
2021
$4,508
-9%
$263,952
-18%
2022
$4,970
10%
$322,645
19%
2021
$4,508
8%
$271,573
5%
2019
$4,162
3%
$257,491
-3%
2018
$4,032
1%
$266,295
—
2017
$4,009
-5%
$267,478
-2%
2016
$4,202
-3%
$274,027
—
2015
$4,320
-2%
$273,960
-2%
2014
$4,386
2%
$280,508
-5%
2013
$4,286
—
$296,111
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 2309 Frankford Ave
2309 Frankford Avenue, Panama City, FL 32405 (MLS# 786458) is a Commercial property. 2309 Frankford Avenue is currently listed for $1,299,000 and was received on March 07, 2026. Want to learn more about 2309 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.

