$524,750 Price Analysis    ♡   Panama City, FL 32401 2 bed 1 bath 1,100 SqFt ($477/SqFt) Built 2025 Listed 2024-03-29, HOA $554 | Ⓧ USDA Ineligible due to location near Panama City |
Introducing The Mashburn Building
* Sale Pending *An iconic structure featuring four stories and 27, 000 square feet of historical charm, offering 18 industrial-style 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.Experience elevated living on floors three and four. Presenting Loft 4, boasting two bedrooms and 1, 100 square feet of space, offering breathtaking vistas of St. Andrews Bay and Downtown Panama City. Enjoy panoramic views facing North, South and West, including a picturesque overlook of Harrison Avenue.
This loft seamlessly combines classic allure with modern sophistication, featuring industrial-inspired design elements such as concrete floors complemented by nearly 12-foot-tall ceilings. The kitchen will showcase sleek stainless steel appliances and elegant quartz countertops, adding to the allure of these exceptional 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.The first purchaser to secure a loft under contract will receive a complimentary one-year ''1909 Membership'' at Histry Class. Additionally, the initial five buyers who sign and place their deposit will enjoy a year of complimentary leasing for a private parking spot.An enticing opportunity awaits investors seeking a second home, vacation retreat or income-generating property at an attractive price point.Presently, the renderings are in the conceptual stage, characterized by artistic interpretation. More precise renderings will be developed as construction progresses. Construction to be completed by end of 2025.
Presented by Kristen Counts Barr at
Counts Real Estate Group - Thomas Drive.
Property MLS #754003 from CPARMLS
Full Bathrooms: 1
ElectricOven
ElectricRange
Heating Features: Electric
Heating: Yes
Kitchen Features: See Plans
Association Fee: 1663
Association Fee Frequency: Quarterly
Association Fee Includes: Insurance, Trash
Calculated Total Monthly Association Fees: 554
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
$524,750
CPARMLS
Year Built: 2025
Construction Materials: Brick, Concrete
Entry Level: 3
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.