1400 West 11th Street

Panama City, FL 32401

$1,995,000
Price
Beds
34,288 Sq. Ft.
$58 / Sq. Ft.
34,288
Sq. Ft.
$58
per Sq. Ft.

Description

34,288 square feet, waterfront commercial site on Lake Caroline. Former Lisenby Hospital (located on 2.64 acres) and 1317-C West 12th Street (located on 0.66 acres) - 3.3 acres total. Zoned Mixed-Use (could be all commercial, or residential/commercial live/work space), or converted back to a retirement home or nursing facility. Permitting is complete along with Architectural Site Plan for 'The Lofts on Lake Caroline' Geotechnical complete, site permitting complete, landscaping/irrigation permitting...34,288 square feet, waterfront commercial site on Lake Caroline. Former Lisenby Hospital (located on 2.64 acres) and 1317-C West 12th Street (located on 0.66 acres) - 3.3 acres total. Zoned Mixed-Use (could be all commercial, or residential/commercial live/work space), or converted back to a retirement home or nursing facility. Permitting is complete along with Architectural Site Plan for 'The Lofts on Lake Caroline' Geotechnical complete, site permitting complete, landscaping/irrigation permitting complete, along with stormwater permitting application completion. The 0.66 acre parcel - This property is zoned Mix Use-3. Seller has 4 sewer and storm water run off installed for townhouse or duplex use. The property has high elevation and is cleared and ready to build. It also has 144' +/ - waterfront on Lake Caroline.
  1. Listed by Mike S Herring • Keller Williams Realty Emerald

Property Details for 1400 West 11th Street

Waterfront
Yes
Waterfront Features
Lake
Subdivision Name
No Named Subdivision

Location

Listing Courtesy of Keller Williams Realty Emerald
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LISTING UPDATED: 12/21/2023 10:36 AM

Property Details for 1400 West 11th Street

StatusActive
MLS #740879
Days on Market411
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeCommercial Sale / Multi Family / Multi Family
Year Built1966
Lot Size3.30 AC / 143,748 SF
CountyBay County

Location

Listing Courtesy of Keller Williams Realty Emerald
Add your commute

Building Information for 1400 West 11th Street

Stories-Residences-Year Built1966Building Size-Lot Size3.30 AC / 143,748 SF

Payment Calculator

$11,854 per month

30 year fixed, 7.25% Interest

Principal and Interest

$10,888

Property Taxes

$966

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1400 West 11th Street

Summary
Location and General Information
  • City: Panama City
  • County Or Parish: Bay
  • Directions: US 98 East, turn right on Frankford Avenue, turn west on 11th Street.1400 West 11th Street (Lisenby Hospital) is on the left.1317-C (vacant 0.658 acres is behind 1400 West 11th Street.
  • Postal Code: 32401
  • Latitude: 30.168488
  • Longitude: -85.682374
  • State Or Province: FL
  • MLS Area Major: 02 - Bay County - Central
  • MLS Area Minor: 0203 - Bay - Central SW
Taxes and HOA Information
  • Parcel Number: 18781-000-000
  • Association: No
  • Tax Legal Description: 6 4S 14W -120- 55A BEG AT SE COR OF LOT 2 BLK 5 OAKLAND TERR ADD TH N 250' E 437' M/L SLY ALG LAKE 260' M/L TO A PT 624.82' E OF POB W 624.82' TO POB ORB 4399 P 1894
School Information
  • Elementary School: Northside
  • High School: Bay
  • Middle Or Junior School: Jinks
Property
Lot Information
  • Building Area Total: 34288.0
  • Lot Size Acres: 3.3
  • Frontage Length: 587.00
Property and Assessments
  • Possible Use: Commercial
  • Year Built: 1966
  • Human Modified: No
Interior and Exterior Features
Interior Features
  • Levels: Three Or More
Rental
Rental Information
  • Occupant Type: Vacant

Property History for 1400 West 11th Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 1400 West 11th Street

Taxable ValueLand$132,000Additions$529,206Total$661,206
Tax Record2023$11,596 ($966 / month)
Home Facts
Total Finished SqFt21,819 SqFtAbove Grade Finished SqFt21,819 SqFtStories3Lot Size114,998 SqFtStyleMiscellaneous ResidentialYear Built1966ZoningPC05CountyBAYAPN18781-000-000

Schools near 1400 West 11th Street

This home is within Bay.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Charter - K to 5
Rating
School
Distance
Northside Elementary School
PublicPK to 5

Jinks Middle School
Public6 to 8

Bay High School
Public9 to 12

Palm Bay Elementary School
CharterK to 5

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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1400 West 11th Street is a multi-family home for sale in Panama City, FL 32401. This property was listed for sale on May 2, 2023 by Keller Williams Realty Emerald, it's currently listed at $1,995,000. It has been on the market for a total of 411 days and was last sold on May 3, 2021. This listing's school district is Bay. Nearby schools include Northside Elementary School, Jinks Middle School and Bay High School. 1400 West 11th Street is a 0-bed, 0-bath, 34,288 sqft multi-family home built in 1966.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity. Subject to change at any time. Compass makes no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Listing Courtesy of Keller Williams Realty Emerald

The data relating to real estate for sale/lease on this web site come in part from a cooperative data exchange program of the Emerald Coast Association of REALTORS, Central Panhandle Association of REALTORS, Pensacola Association of REALTORS and Capital Area Technology & REALTOR Services. The properties displayed may not be all of the properties in the MLS's database, or all of the properties listed with Brokers participating in the cooperative data exchange program. Information deemed reliable but not guaranteed. Copyright© 2024 Emerald Coast Association of REALTORS, Central Panhandle Association of REALTORS, Pensacola Association of REALTORS and Capital Area Technology & REALTOR Services. All Rights Reserved.