Address: 836 Harrison Avenue, Panama City, FL 32401
Description
Positioned at 836 Harrison Avenue in Panama City, Florida, this 12 room motel presents a rare and compelling opportunity for investors and operators seeking a foothold in one of the Gulf Coast's most energetically transforming corridors. The property sits squarely within a neighborhood experiencing a genuine renaissance a dynamic revival of local commerce, community investment, and visitor interest that is reshaping the surrounding area and driving meaningful demand for quality lodging.
Whether pursued as a value add repositioning play, a boutique hospitality redevelopment, or a stabilized income producing asset, this motel delivers the physical footprint, flexible room mix, and strategic location to support a variety of ownership visions.
This property qualifies for a community based grant program specifically targeting exterior rehabilitation within the revitalization corridor. The available grant funding represents a significant capital contribution toward cosmetic and structural improvements to the building's facade, signage, landscaping, and public facing elements improvements that drive curb appeal, brand perception, and guest acquisition.
The Harrison Avenue corridor is in the midst of a well documented revitalization. New businesses, arts venues, dining concepts, and public infrastructure investments are converging to create a vibrant, walkable district that is attracting both residents and visitors who would previously have bypassed the area. This type of neighborhood momentum where private investment and public commitment reinforce each other historically precedes significant increases in lodging demand, average daily rate, and property values.
Positioned at 836 Harrison Avenue in Panama City, Florida, this 12 room motel presents a rare and compelling opportunity for investors and operators seeking a foothold in one of the Gulf Coast's most energetically transforming corridors. The property sits squarely within a neighborhood experiencing a genuine renaissance a dynamic revival of local commerce, community investment, and visitor interest that is reshaping the surrounding area and driving meaningful demand for quality lodging.
Whether pursued as a value add repositioning play, a boutique hospitality redevelopment, or a stabilized income producing asset, this motel delivers the physical footprint, flexible room mix, and strategic location to support a variety of ownership visions.
This property qualifies for a community based grant program specifically targeting exterior rehabilitation within the revitalization corridor. The available grant funding represents a significant capital contribution toward cosmetic and structural improvements to the building's facade, signage, landscaping, and public facing elements improvements that drive curb appeal, brand perception, and guest acquisition.
The Harrison Avenue corridor is in the midst of a well documented revitalization. New businesses, arts venues, dining concepts, and public infrastructure investments are converging to create a vibrant, walkable district that is attracting both residents and visitors who would previously have bypassed the area. This type of neighborhood momentum where private investment and public commitment reinforce each other historically precedes significant increases in lodging demand, average daily rate, and property values.
New construction townhomes, 2/2 933 sqft each. projected to rent for $1550 1650 per unit. Estimated 7 8 cap rate. Pro Forma PnL available upon request.
This is PRIME Mixed Use opportunity in the heart of Panama City, Florida!
This versatile commercial property offers endless potential situated on 0.45 acres in a high visibility, centrally located
Excellent 1.2 Acre Commercial Development Opportunity / Retail Site available consisting of (3) parcels. (18373 000 000, 18373 000 000 & 18374 000 000) Building #1 is approximately 3,000 +/ Sq Ft. an
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