$499,750 Price Analysis    ♡   Panama City, FL 32401 2 bed 1 bath 1,000 SqFt ($499/SqFt) Built 2025 Listed 2024-04-06, HOA $504 | Ⓧ USDA Ineligible due to location near Panama City |
Introducing The Mashburn Building
An iconic structur 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, an inviting members-only lounge, gym, rooftop res taurant and bar and cafe + market on the first floor.Introducing Loft 10, a stunning two bedroom, 1.5 bathroom, plus a den, encompassing over 1, 000 square feet. Revel in breathtaking views of Downtown Panama City with panoramic views facing North, East and West.This loft harmoniously blends timeless charm with contemporary elegance, incorporating industrial-inspired design elements like concrete floors and soaring 11-foot ceilings.
The kitchen will be adorned with sleek stainless steel appliances and luxurious granite countertops, enhancing the allure of these remarkable 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.Reserve your loft today and 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 mid to end of 2025.
Presented by Kristen Counts Barr at
Counts Real Estate Group - Thomas Drive.
Property MLS #755319 from CPARMLS
Full Bathrooms: 1
Primary Bathroom Dimensions: 12.3 x 9
Primary Bathroom Features: See Plans
ElectricOven
ElectricRange
Heating Features: Electric
Heating: Yes
Association Fee: 1510
Association Fee Frequency: Quarterly
Association Fee Includes: Insurance, Trash
Calculated Total Monthly Association Fees: 504
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
$499,750
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
SewerConnected
WaterConnected
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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.