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221 East 23rd Street

221 East 23rd Street, Panama City, FL 32405
Commercial in St. Andrews Bay
1 Units For Sale
Unit for sale at 221 E 23rd Street, Panama City, FL 32405

$1,495,000 ↑ $245K

  • Commercial
  • 6,969 ft²
221 E 23rd Street, Panama City, FL 32405 Listing by Dwight Hicks

Local assessors in Panama City, FL have categorized 221 East 23rd Street as a office type of property. The home was built in 1980 and is 44 years old. The property's lot size has been calculated to be 27,965 square feet. The linear feet between the front and back of the lot was measured at 2,800 ft and the front of the lot was measured at 1,000 ft. There are also 7 partial bathrooms. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 221 East 23rd Street has a total of 7,820 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. 221 East 23rd Street is a 4 code building. This code stands for "buildings that have wood or wood and steel frames.". It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with wood control joints. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - C. The building has a gable or hip style roof that was made of metal. Lots of wood were used in the construction of the exterior walls of the home. While the walls in the interior have been made of gypsum boards such as those made of drywall, sheetrock, etc. As for flooring, was the material of choice during construction. Residents rely on central air conditioning for their cooling system. The home's a forced air unit is the primary heating source. The property was last sold in Oct 2, 2023 for $1,350,000. That's $172.63 per sqft. 221 East 23rd Street was last assessed in 2023. The total value of the property was assessed at $665,751. The total assessed value for this property is less than the total market value as of this moment. Which is great for tax purposes. The total amount of taxes due from a property owner is $12,145. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one.

Building Features

Exterior

Stucco Exterior
Vinyl Siding
This property description is generated based on publicly available data.

0 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By

Building Info

Overview

    General

  • Year Built: 1980
  • Effective Year Built: 1980
  • Building Count: 1
  • Total Rooms: 20
  • Bedroom Count: 0
  • Bathroom Count: 7
  • Partial Bathrooms: 7
  • Bathroom Plumbing Fixtures: 20
  • Building Quality: C
  • Construction Type: Wood
  • Exterior Walls Type: Wood
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Gable or hip
  • Roof Cover Type: Metal
  • Floor Count: 1
  • Living Units: 1
  • Business/Commerical Units Count: 6
  • Floor Cover: Vinyl
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 27,965
  • Lot Size Depth Feet: 2,800
  • Lot Size Frontage Feet: 1,000
  • Total Building Area: 7,820
  • Gross Building Area: 7,820
  • Building Area: 7,820
  • Building Area Measurement: Gross Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 7,820
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Building Type: Wood &/or steel frames
  • Property Class: Office
  • Subdivision: ST AND BAY DEV CO PLAT
  • Land Acres: 0.642
  • Standard Land Use Code: Commercial office (general)
  • State Land Use Code: Petroleum & gas wells (misc.)
  • Legal Description 1: 28 3S 14W -107.12- 104B ST AND BAY DEV CO PLAT BEG 50 N & 115 E OF SW COR LOT 122 TH N 280 E 100 S 280 W 100 TO POB ORB 873 P 432 ORB 1484 P 1447

Ownership

  • Current Owner : TARIM EXECUTIVE CENTER LLC
  • Previous Owner : MOHAMMAD MAHMOOD
  • Previous Owner 2: MOHAMMAD BONNIE H
  • Ownership Rights Codes: unknown
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Bay County School District
  • Census Tract: 001502

Zoning

  • Zoning: PC09

Geography

  • Parcel: 12976-013-000
  • Lot: 122
  • Meridian: SEC 28 TWN 03S RNG 14W
  • Municipality: CITY OF PANAMA CITY
  • Latitude: 30.1901
  • Longitude: -85.6558

    Address

  • Full Address: 221 E 23rd St
  • Address - House Number: 221
  • Street Direction: E
  • Address - Street Name: 23rd
  • Address - Suffix Type: St
  • State: FL
  • City Name: Panama City
  • Carrier Code: C019
  • 4-Digit Zip Code: 7612
  • Zip Code: 32405

Valuation

    Tax

  • Total Area: 8,014
  • Tax Year: 2023
  • Tax Amount: $12,145
  • Tax Rate Code Area: 016

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $1,700,000
  • First Open Lien Mortgage Lender: CADENCE BANK, N.A.
  • First Open Lien Mortgage Recording Date: Oct 02, 2023
  • First Open Lien Mortgage Loan Amount: $1,700,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional

    Market Valuation

  • Market Total Value: $859,351
  • Market Land Value: $699,138
  • Market Improvement Value: $160,213

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $665,751

    Sales

  • Current Sale Contract Date: Oct 02, 2023
  • Current Sale Recording Date: Oct 02, 2023
  • Current Sale Transaction ID: 11914332231
  • Current Sale Price: $1,350,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 62459

    Last Sale Mortgage

  • First Mortgage Lender: CADENCE BANK, N.A.
  • First Mortgage Transaction Date: Oct 02, 2023
  • First Mortgage Loan Amount: $1,700,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional

About St. Andrews Bay



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Frequently Asked Questions

What neighborhood is 221 East 23rd Street located in?
The 221 East 23rd Street is a commercial located in the neighborhood of St. Andrews Bay in St. Andrews Bay, Panama City.
How many listings are currently for sale in 221 East 23rd Street?
This is a single-family home. The property is currently on the market for sale.
What is the average sales price for listings in 221 East 23rd Street?
The average sales price for units in 221 East 23rd Street is $1,495,000 , or $215/sqft. currently.

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