Jose Mesa Franco - Domi Real Estate Advisors Logo
$4,500,000
 $24,157 est/mo Sourced by Back At You

0 Marbella Panama Republic Of Panama,Panama City, FL

Panama City, FL

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Description

Prime income-producing multifamily asset in Marbella, Panama City. Property consists of 10 rental units within an existing 2,027 SqFt building situated on a 774.38 m² development site. Currently generating approximately $267,600 gross annual income with stabilized occupancy above 95%. Zoned 1ZM6 with potential for future residential development of up to 15 stories. Excellent opportunity to acquire a cash-flowing asset while benefiting from long-term redevelopment potential in one of Panama City's most desirable and walkable districts. Located near banking headquarters, shopping centers, hospitals, restaurants, Casco Viejo, and Tocumen International Airport. Ideal for investors, developers, and multifamily operators. Buyer to verify all zoning, development rights, dimensions, and income figures during due diligence.

Details

MLS #A12030187
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Year2000
Days On Site78
Listing Provided ByGlobal Terra Invest LLC | Juan Ramos

Features

SQ Feet21,818
PoolYes
Story(s)3
Zoning1ZM6

Exterior

Lot FeaturesQuarter To Half Acre Lot

Taxes

Tax Annual Amount0

Area Information

StateFL
CountyOther
CityPanama City
Area5990 Global Outside US
Community NameCAMPO ALEGRE
Listing VS Median (in CAMPO ALEGRE)
Price:
$4,500,000
low | high
Med:
$4,500,000
50% of Average
sqft:
21,818
low | high
Med:
21,818
50% of Average
$ / sqft:
$206
low | high
Med:
$206
50% of Average
On site:
78
low | high
Med:
78
100% of Average
Sourced by Back At You

Market Activity

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Learn More About This Property

Jose Mesa Franco

Jose Mesa Franco

DoMi Real Estate Advisors

SL3578526Licensed Real Estate Salesperson (305) 492-9670jose@domirealestate.com
StateFL
CountyOther
CityPanama City
Area5990 Global Outside US
Community NameCAMPO ALEGRE
Listing VS Median (in CAMPO ALEGRE)
Price:
$4,500,000
low | high
Med:
$4,500,000
50% of Average
sqft:
21,818
low | high
Med:
21,818
50% of Average
$ / sqft:
$206
low | high
Med:
$206
50% of Average
On site:
78
low | high
Med:
78
100% of Average
Sourced by Back At You
Listing Updated: July 10, 2026 at 1:41:22 PM PDT

Jose Mesa Franco - Domi Real Estate Advisors