2900 East 5th Street, Panama City, FL 32401

Rent Info:

Potential Gross Rent: $6,783/month

Potential NOI: $79,827

Deal Highlights

🏢 3,486 SF Mixed-Use Investment Property – Two-building asset featuring retail, restaurant, office, and residential components, creating multiple income streams on a single property.

🍽️ Restaurant + Apartment Combination – The primary 2,874 SF building includes a restaurant on the ground floor with a residential apartment above, offering a unique live/work or income-producing setup.

🎨 Additional Retail Building – Separate 1,262 SF building currently configured as a tattoo shop, providing diversified tenant opportunities and operational flexibility.

📍 Prime Panama City Location – Positioned on E 5th St in Bay County with strong access to surrounding residential neighborhoods, commercial corridors, and downtown Panama City.

🚗 Strong Traffic Exposure – Located along a corridor with approximately 19,300 Daily Traffic, delivering excellent visibility, customer access, and signage exposure.

💰 Strong Income Potential – Projected gross rent of $6,783/month with estimated NOI of $79,827/year, making it an attractive cash-flow investment.

🏗️ Diversified Income Streams – Combination of restaurant, retail/service space, and residential rental income helps reduce vacancy risk and maximize revenue potential.

📈 Growing Panama City Market – Located in a market benefiting from continued redevelopment, population growth, tourism activity, and increasing demand for mixed-use commercial properties.

🌴 Flexible Owner-User or Investment Opportunity – Ideal for investors seeking cash flow or owner-users looking to operate a business while generating additional rental income.

🚫Showing property visits by appointment only.

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Disclaimer: Acre Expert LLC is a team of real estate developers and investors. We buy, sell, and hold properties for investment purposes.

We are not licensed real estate brokers. This property is being marketed based on our equitable interest via an assignable contract or as the property owner.

All Information provided is preliminary and subject to change. Acre Expert LLC makes no guarantees regarding accuracy, lease terms, or financials. The buyer must conduct independent due diligence and verify all details.