$286,750 Price Analysis    ♡   Panama City, FL 32401 1 bed 1 bath 488 SqFt ($587/SqFt) Built 2025 Listed 2024-03-29, HOA $246 | Ⓧ USDA Ineligible due to location near Panama City |
Introducing The Mashburn Building
An iconic structure featuring four stories and 27, 000 square feet of historical charm, offering 18 industrial-styl residential lofts. Located in the vibrant heart of Historic Downtown Panama City, this distinctive development features a dynamic fusion of commercial and residential spaces spread across multiple levels. Providing versatile layouts tailored to diverse preferences, encompassing co-working spaces, a restaurant, an inviting members-only lounge and the potential addition of a rooftop lounge.Introducing Loft 12, situated on the fourth floor, providing captivating northward views of Downtown Panama City. This loft seamlessly blends timeless charm with contemporary refinement, boasting industrial-inspired design elements like concrete floors paired with nearly 12-foot-t all ceilings.
The kitchen will display sleek stainless steel appliances and exquisite quartz countertops, further enhancing the allure of these exceptional living spaces.Step right onto Harrison Ave and immerse yourself in the vibrant atmosphere of Downtown Panama City. Explore a plethora of dining options, breweries, coffee shops, boutique shopping, art and photo galleries, pilates and boxing club, a marina and much more moments away.An enticing opportunity awaits investors seeking a second home, vacation retreat or income-generating property at an attractive price point.The first five buyers who sign and place their deposit will enjoy a year of complimentary leasing for a private parking spot.Presently, the renderings are in the conceptual stage, characterized by artistic interpretation. More precise renderings will be developed as construction progresses. Construction projected to be completed by end of 2025.
Presented by Kristen Counts Barr at
Counts Real Estate Group - Thomas Drive.
Property MLS #754953 from CPARMLS
Full Bathrooms: 1
ElectricOven
ElectricRange
Heating Features: Electric
Heating: Yes
Kitchen Features: See Plans
Road Surface Type: Paved
Association Fee: 737
Association Fee Frequency: Quarterly
Association Fee Includes: Insurance, Trash
Calculated Total Monthly Association Fees: 246
High School: Bay
Middle School: Jinks
Map directions Map directions Map directions Map directions Map directionsCounty: Bay
Directions: From 98, South on Harrison Ave to Downtown Panama City. The Mashburn Building will be on your Left.
Source Property Type: Residential
Property Subtype: condo
MLS Area Minor: 0203 - Bay - Central SW
Source Neighborhood: No Named Subdivision
Parcel Number: 19553-000-000
Postal City: Panama City
Subdivision: No Named Subdivision
Property Subtype: Condominium
Source System Name: C2C
$286,750
CPARMLS
Year Built: 2025
Construction Materials: Brick, Concrete
Entry Level: 4
Living Area Source: Plans
Property Condition: ToBeBuilt
Building Total Stories: 4
House Style: MidRise
Architectural Style: MidRise
ElectricityAvailable
SewerAvailable
WaterAvailable
Water Source: Public
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.