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1598 BALBOA Avenue, Panama City, FL 32405

Commercial Property MLS# 656773 ID: 44172264
$1,290,000 Get Rates

This is a unique opportunity to purchase a site that has many redevelopment options. The site is currently operating as a full service health club in the heart of Panama City. The building was completely renovated in 2007, with quality improvements that include metal roof, extensive interior & exterior remodel, all new HVAC systems and expansive parking areas with 85 parking spaces. Building has a large lobby and reception area, offices, two large gyms, two full locker rooms with showers/steam rooms/sauna, personal training rooms, large aerobic room, childcare area, break room, laundry room all on 4.45 acres of landscaped grounds. Current zoning is Light Industrial (Panama City), with potential for rezoning,per the planning department. Furniture, fixtures and equipment sold separately.

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Location Information near 1598 BALBOA Avenue
Offered by Counts Real Estate Group

Would you like more information regarding this property?
Please call (850) 248-3615.

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Property Features for 1598 BALBOA Avenue
Market Status
Last Updated
August 23, 2017
Property Type
Commercial Property
Year Built
Sq. Feet

Building Features

  • Cooling System: 2+ A/C Units
  • Roof: Metal Roof

Community Info

  • Home Owner Asso.: 24 Hour Security, Community Laundry Facility(s), Community Sauna(s), Exercise Room, Picnic Area(s), Playground
  • Laundry Facilities
  • Playground

Interior Features

  • Alarm System: 24 Hour Security


  • MLS Area: 02 - Bay County - Central

Lot Features

  • Sewer Utilities: Public Sewer
  • Water Utilities: Private Well, Public Water Supply

Data Provided by Bay County Association of REALTORS Inc

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More information about this $1,290,000 Commercial Property at 1598 BALBOA Avenue

This $1,290,000 Commercial Property at 1598 BALBOA Avenue in Panama City, FL is presented by Charlie Haas. This $1,290,000 Commercial Property, located in the 32405 zip code, has the following property features: Roof, Playground, Cooling System, Water Utilities. This 1598 BALBOA Avenue Commercial Property, located in Bay County , is listed under MLS listing number 656773 and has a listing price of $1,290,000. You can find more PANAMA CITY homes for sale here.