Panama City - Office Building and adjacent land available

Price: $1,500,000

2110 W. 23rd Street City
Panama City, Florida 32405

Here's a unique commercial opportunity in Panama City in a High traffic business district.

Currently the building and lot are one Parcel ID and may be sold separately or as one for best price. The owner will divide for separate sales.

The building was last renovated in 2001 and all municipal services available.

See mls# 385788 for lot information.

*** Full marketing package available on request ***

All sizes approximate, please verify if important. 100% owner financing available, contact me for details.

For more information on this or other Panama City Florida Commercial Real Estate investments, contact me directly: (850) 774-6582 or visit me at Panama City Florida Real Estate and search for other properties in Bay County, Florida using my customized MLS.

Jennifer Mackay

Keller Williams Success Realty

New Bay County School Maps at Panama City Real Estate!

I have received an quite a few suggestions and requests for additions to the Bay County Schools section of my web site. A big thank you to everyone for contributing!

To continue my policy of providing the finest, most complete information on the Panama City area I am pleased to announce a newly designed Bay County School page. Each school is conveniently marked on the map with the address and phone number for your convenience.

You can now easily locate the nearest Bay County Elementary, Middle and High School your children will be attending.

Keep the suggestions coming folks, and I'll continue to provide you the finest Panama City and Panama City Beach Real Estate information to make your purchase and relocation as successful and easy as possible.

Panama City Real Estate, on the road!

I am pleased to announce that August 25th and 26th www.jennifermackay.com, Panama City Real Estate and Keller Williams Success Realty will be attending the Keller Williams Mega Camp convention in Austin, Texas!

We will be hosting a booth at the convention and promoting several commercial and residential Bay County real estate development projects such as the Panama City - Bay County International Airport, Lake Merial, Ibis Lake and others.

We are officially calling this project the "KW Road Show" as we will also be attending other major real estate events through out the country and promoting these development projects where ever possible.

The purpose of the "Road Show" is to promote select local developer projects to investors and other top producing real estate professionals through out the country.

More information on the Road Show is also available here

Panama City Beach Real Estate - A few updates

Hello everyone,

I know it's been awhile since my last post, but I've been extremely busy... And that is a good thing for us all!

The market has heated up quite a bit lately, and I'm very thankful to all my new and returning customers for selecting me as their professional real estate agent.

Look for my new blog category and upcoming entries on what's hot and what's not in the Panama City Beach real estate market.

I've added a few new items to the website recently. Most notably is my addition of podcasts.

You can download and listen to them at your leisure. As always, please share these with your friends, family and others interested in Panama City Real Estate.

Panama City Beach Real Estate - Market update

I'm pleased to announce the Panama City Real Estate Market Summary for March, has been uploaded and posted for your convenience.

I'm seeing quite a bit of movement in our market, as buyer inquiries have increased and mortgages continue to hold steady below the 20 year averages.

The local condo investment market continues to climb as prices level out for water and gulf front units.

For more information, please visit the Panama City Real Estate blog or Contact medirectly.

If you'd like a free, no obligation Panama City home value report of your property please complete the form and I will send it to you promptly!

Panama City Real Estate Market Update

I'm please to bring you an additional Panama City Real Estate Market update.
Periodically, the FAR (Florida Associations of REALTORS® ) reports on the status of the Real Estate market statewide.

This latest update is as predicted, good news for Panama City, Florida...

With all the announcements lately for the Panama City, Florida area such as:

• New store announcements for the Pier Park shopping complex
• The go ahead word for the construction on the Panama City International Airport

is it any wonder, according to the Florida Association of REALTORS® that the Panama City real estate condo market showed a decrease of only 10 percent (81 existing condo units closed in Q4 2007 compared to 90 closings in Q4 2006) for the fourth best showing in the state!

In addition:

In sales of existing single-family homes, Q4 2007 shows a statewide decline of 31 percent (26,130 units closed in Q4 2007 compared to 37,879 in Q4 2006) while Panama City shows a net decrease of only 15 percent ( 269 units closed in Q4 2007 versus 315 units closed in 2006). This places Panama City in third best position statewide, only to Fort Walton Beach and Sarasota.

Existing single-family home and condominium prices in Panama City continue to see a market correction, with existing homes seeing a 4% reduction in Q4 2007 versus Q4 2006 and existing condos seeing a 17% reduction for the same period. Statewide sales figures continue to show that those areas embracing efforts to educate sellers about realistic expectations, while pointing toward a ‘buyers market’, remain least-affected by the current real estate market conditions.

We're moving ahead now!

The Real Estate agent and Investments

So far we've discussed marketing and advertising both of which are very important aspects for every real estate agent.

Another job of a real estate agent may be to assist their customers with their long and short term investment strategy. For me, it is also one of the most rewarding aspects of being a real estate agent.

So...

Investment foresight - I believe another strong trait is the ability to discern, understand and educate a customer on which properties make the strongest case for their investment strategy.

Read more on this continuing series

The Real Estate Agent and Marketing and product knowledge

If you remember in my previous post: Advertising I talked about some of what I believe is required to being an adept real estate agent.

Of course advertising is a major factor of consideration.

Now, let's talk about...

Market and Product Knowledge - I believe part of becoming the "Greatest Real Estate Agent in the World" the agent must maintain a strong and thorough knowledge of their local real estate market.

Read the full article at my Panama City Real Estate blog.

Panama City Real Estate - Latest Post

Panama City Real Estate - Wishes you a Happy Holiday

Seasons Greetings and Happy Holidays to all.

May the coming year bring each of you health, happiness and prosperity.

And remember:
Panama City - When You're here... You're Home!

Jennifer Mackay
Keller Williams Success Realty
2110 W. 23rd Street Suite A
Panama City, Fl 32405
Direct: (850) 774-6582
Toll Free: (800) 616-3351
Office: (850) 392-1700

Panama City International Airport authorities fight back!

More news on the Panama City International Airport...

Authorities challenge the recent contruction halt granted by a federal court in New York city to a group of local general aviation pilots calling themselves the "Friends of PFN".

Authorities have filed a motion to lift an emergency stay granted to a group of local pilots who oppose the project. Read the full story.

These continuing lawsuits filed by this group will only add to the develoment costs of the new Panama City International Airport. Their continuing efforts to stop the progress of Panama City is not in the best interest of businesses and residents.

It's time they faced reality and stopped wasting tax payer dollars!

I fully support this move by the airport authorities and am very pleased to see their efforts increased in moving this project forward!

Panama City Real Estate - St. Joe Co. In the news again...

Interesting article from the Panama City News Herald. A few interesting items of note:

• Better than average home sales in Panama City


• 33% Florida population growth


• new Panama City international airport

A Fortune magazine article, posted on CNNMoney.com, listed St. Joe Co. as one of
its best investment bets in 2008.

The article cited the Jacksonville-based company’s vast Florida real estate holdings, with 710,000 total acres and 310,000 acres 10 miles or less from the coast, as well as what it said was a relatively undervalued stock price.

It also cited a projected 33-percent population increase in Florida by 2020, based on U.S. Census figures, as well as the development of Panama City’ new
airport and the area’s better-than-average home sales this year compared to the rest of the state.

As long as St. Joe and the international airport is in the news, the Panama City Metro area will continue it's upward movement.

Think I'll go buy some St. Joe Co. Stock!

Panama City Real Estate - So you want to invest in real estate...

I'll wager you've said to yourself at one point or another: "How do I get into Real Estate Investing." or "I wish I could invest in real estate, but it's too expensive." Well, let me assure you we all have to start somewhere.

Even the most successful, experienced investor had to start from the beginning. You are not alone!

A few ground rules...

First let's agree that unlike stocks or bonds investing, Panama City real estate investing is not considered a 'Liquid' investment. What this means is, you can not sell panama city real estate as quickly as you can sell stocks or bonds. Stocks or bonds can typically be traded very quickly through a stocks brokerage firm.

Panama City real estate however, requires skill, patience, a marketable product and technique to liquidate. Even when using a professional panama city real estate agent, it may take awhile to sell real estate investment property.

Realizing and understanding limitations of Panama City real estate will save you grief and money as you plan your investing investment strategy.

Knowing you can not simply 'Flip' (the process by which you can buy and sell real estate property very quickly) every Panama City real estate investment opportunity that comes along will assist you in making sound Panama City real estate investment decisions.

Read more real estate related articles at Panama City Real Estate

Which side is your gas tank on?

Tips, Tricks and other handy tidbits...

UPDATE:

It appears from the many emails and comments I've received about this "helpful hint" it is not so helpful after all!

Every once in awhile I get an interesting email from a friend. This little ditty came to me from a friend and I believe the orginator was: Frank Rispoli Sr. However, Frank is completely incorrect. Frank says...

"I have been driving for many years and you would think I would have noticed the little secret on my dashboard that was staring me right in the face the whole time. It's there in almost every vehicle I drive and I bet it's probably in your vehicle also and you never noticed it.

First, a quick question: Which side of your car is your gas tank on? If you are anything like me, you probably can't remember right away. The way I usually can tell is to uncomfortably stick my head out the window, strain my neck and look, either that or get out of the car and walk around it until I find it! If you don't do this in your own car you definitely have done it in a borrowed or rental car.

Well, ladies and gentlemen, I'm going to share with you a little secret so you will no longer look like an ostrich hanging out the window on your way to the gas station or put your neck at risk of discomfort or injury.

If you look at your gas gauge, you will see a small icon of a gas pump. The handle of the gas pump will extend out on either the left or right side of the pump. If your tank is on the left, the handle will be on the left. If your tank is on the right, the handle will be on the right (see photo).

It is that simple!

I don't know how you feel right now but when I found out this morning I felt cheated!

Why don't the car dealers share such important information with car buyers? I don't understand why this isn't in the driver's manual? I don't understand why any mechanic I have ever been too or know has even thought of mentioning this to me? The only possible explanation can be that all these people probably don't even know!

Go out and share the world's best kept auto secret with your friends as this information is way too important to be kept secret."

Update:

Several commenters as well as myself have confirmed that this is incorrect. The handle DOES NOT display which side of the car you fill your tank.

I guess I have to continue to strain my neck :(

Thanks to the many emails and commenters on this post

Panama City Florida in the News

A few local news items of note for our community:

Pier Park is getting a Borders!

Borders, Inc. will open a 23,276 square-foot store at the new Pier Park development in Panama City Beach, Fla. in April 2008. The store will be located at the intersection of Powell Adams Drive and U.S. Highway 98.

"This is a significant announcement for Pier Park," said Tim Kushner, vice president of development at Simon. "We're delighted that Borders has selected Pier Park for its first store in the trade area. Borders is a wonderful tenant and will be a great resource for the community."

The entire CNN Money article can be read here.

FDOT and the district's 5-year plan

A public hearing on the Florida Department of Transportation’s tentative five-year work program for District 3 will be held Thursday from 10-11 a.m. in the Panama City Commission chambers. Read the entire article from Ryan Burr.

Panama City Beach tourism Plans for Next Year

Panama City Beach's Tourist Development Council has bigger plans and a new ordinance in store for next year.

Some changes are in store for the beach next year. Panama City Beach's Tourist Development Council (TDC) reached an agreement on spring break planning after cutting funding in half since last year. Next year's spring break will be primarily funded by area business sponsors.
Funding is also in place for a new sports program next year provided mainly by grants. The council unveiled plans for Panama City Beach's new minor league soccer team, the Panama City Pirates. Read the entire article by Jessica Chapin

Big Top coming to Frank Brown Park - Panama City Beach, Florida

A press conference will be held on Dec. 5, to announce the creation of Circus By the Sea, Florida’s newest big top spectacular! The conference will be at the Florida State Panama City auditorium at 11 a.m.

The Circus by the Sea Big Top will go up at Frank Brown Park in Panama City Beach, entertaining visitors and residents with a three-ring aerial and stage presentation, and seasonal circus camp where children ages 7 to 12 will learn to perform a wide variety of circus performance skills in addition to other fun activities.

Read the entire article here.

Fourth annual Festival of Trees for the Rescue Mission

Barbara Day of Lynn Haven decorates a Christmas tree representing the AARP at the Festival of Trees in the Visual Arts Center of Northwest Florida in Panama City on Monday.

There are cheaper places to get a Christmas tree, but probably none as enriching. “It’s not so much about a bargain, it’s about something greater,” said the Rev. Billy Fox.
Fox, executive director of Panama City Rescue Mission, strolled a hallway lined with trees Monday as he outlined a simple formula: “design, decorate and auction.” Read the complete Jeremy Morrison aricle here.

If you'd like to stay keep informed of local events and news, sign up for my newsletter or subscrive to this blog directly.

Panama City Real Estate and Jennifer Mackay

I was asked the other day by a new client (who loved my Panama City Fl Real Estate website by the way :) ) to add some additional personal information to my blog. So here it is...

I'm originally from New Jersey and moved to Califonia many years ago after meeting Jessie. Actually, I went for a visit with him in California and decided to stay (he hasn't been able to get rid of me since :) )!

While living in California, I became a NAUI Scuba Divemaster to assist Jessie (who was a NAUI Scuba Instructor Trainer) teaching Scuba classes. We traveled quite a bit to Mexico and the Caribbean for Scuba Diving and had a great time. At that time, Jessie was a successful Computer consultant and I was working as a manager for a Real Estate Escrow and title company.

We purchased our first home in West Covina, Ca which was our first major remodeling project (what a nightmare that was). After a few years of traveling, we began looking for a vacation home to purchase rather than spending a fortune on hotels during our vacations.

We actually had not considered Florida Real Estate at that time, and instead were looking for a nice cabin by a lake, hopefully in the mountains. We just happened to inquire about a lake front property in Panama City, Florida. The agent sent us some information and we flew out that weekend to take a look.

At first, we were not very impressed with the property, but the agent suggested we go to the beach, have dinner and think about it. We did just that and as soon as we saw the white sandy beaches and crytal blue waters of the Gulf of Mexico in Panama City Beach, we knew we found our vacation home!

The next day we made our offer which was accepted and we've bagan taking all our vacations to our new Lake front Panama City Florida home.

We rented it out in between vacations to recoup some of our investment, but overall we used it primarily for vacations. It was great... Canoeing on our semi-private lake, going to the beach for dinners at sunset, visiting the Ebro Greyhound Race track and the Breakaway Drag strip. We were having a blast.

Before long, my entire family began using our little slice of Panama City Florida paradise. We even had our first family reunion at the lake house.

Sign up for my newsletter or download it. It's easy and free.
Ask for my free customized Community Report . It's filled with information about Panama City, Panama City Beach, Callaway, Lynn Haven or other community of your choice in Bay County Florida.

Jennifer Mackay

Keller Williams Success Realty
2110 W. 23rd Street, Suite A
Panama City, Fl 32405
Direct: (850) 774-6582
Office: (850) 392-1700

Panama City Florida - The boom is kicking in....

I've been blogging about Panama City and the Real Estate market for some time now. I've been saying all along the time to buy is now. I've been posting about the new International Airport, the commercial projects currently underway and shopping centers like Pier Park.

Well, the boom is kicking in! Ebro located in Washington County is home to the Ebro Greyhound Park. While there currently aren't alot of commercial businesses located near or in Ebro, it is in very close proximity to the new International Airport.

So what does this have to do with the boom kicking in?

Simply this: The Ebro Greyhound Park currently is the largest employer in Ebro. However, that is due to change when the Lewis Bear Co. will be added to Ebro’s short list of local businesses! The company will be consolidating it's Panama City and Defuniak Springs facilities into a single distribution center due to be completed next year.

In addition: route 79, one of the main arteries leading to Panama City from Interstate 10 is due for widening into a 4 lane thorough fare.

Other signs of importance: A new financial Headquarters location is being constructed in Panama City on 23rd Street. While the area has many large businesses, few have moved their Corporate head quarters to the area. This is another sign the area is set for an incredible expansion boom.

The writing is on the wall! Act now while there are still affordable real estate opportunities available in Panama City, Bay County as well as the neighboring counties.

Contact me today to find out more about the exciting prospects in Panama City Florida Real Estate.

Sign up for my newsletter or download it. It's easy and free.
Ask for my free customized Community Report . It's filled with information about Panama City, Panama City Beach, Callaway, Lynn Haven or other community of your choice in Bay County Florida.

Jennifer Mackay
Keller Williams Success Realty
2110 W. 23rd Street, Suite A
Panama City, Fl 32405
Direct: (850) 774-6582
Office: (850) 392-1700

Panama City Real Estate - Is it really a good investment?

Yes, I am a Real Estate agent and I sell Panama City Real Estate! Why? Because I enjoy what I do and I enjoy helping others achieve financial independence.

To achieve financial stability, I believe strongly in Panama City real estate investment. I personally have invested in real estate for many years. From California to Florida I have purchased and sold many real estate properties and continue to do so.

I invest in real estate because some of the wealthiest people on earth achieved their financial independence through real estate purchases.

Each time I blog and promote Panama City Real Estate, I am not only offering my services as a REALTOR® but also offering advise to help you make the most informed decision possible regarding your real estate investment future.

Of course I want to work with you directly. After all that is my business. But I also want you the reader and potential purchaser of Panama City Real Estate to realize the financial security that making sound, informed real estate purchasing decisions leads to!

Let's pretend for one moment I'm not a real estate agent in Panama City Florida...

Paul Francis of Suburban Village Realty, a Chicago Illinois Real Estate broker also agrees that Panama City Real Estate is a good investment for the future. In his article:"Second Home Opportunites in Panama City Beach", he intuitively focuses directly at the International Airport as a major factor in Panama City real estate investing. There are many other real estate agents and brokers through out the world that agree!

Think about that for a moment: If agents (who sell real estate for a living) all over the world consider Panama City Real Estate a sound investment, shouldn't you investigate the possibilities?

Historically, whenever an area builds a new or upgrades an existing airport the economic growth that follows is substantial! Atlanta and Fort Meyers Florida are two of the most recent areas that have achieved this type of growth. As this growth occurs, property values appreciate at higher than average rates. The local economies, made up of large and small business achieve highly prosperous years of growth. Unemployment rates typically decrease significantly due to new businesses and more employment opportunities.

Panama City is already experiencing tremendous growth as new commercial development projects, new condominium projects, banks, hotels etc. are being built at a rapid pace.

If you are currently sitting back at your computer and reading this blog thinking: "I'd like to invest in real estate", do yourself a favor... Contact me today! You have nothing to lose and everything to gain!

I've stressed this over and over and I'll do it again now... Buy Panama City real estate now before the prices go up! Mortgage rates are still very low and property values may never be this low again!


Sign up for my newsletter or download it. It's easy and free.
Ask for my free customized Community Report . It's filled with information about Panama City, Panama City Beach, Callaway, Lynn Haven or other community of your choice in Bay County Florida.

Panama City Real Estate - Landlord Bozo No No!

I read an interesting article about a Landlord Bozo No No in Panama City Florida the other day...

Disclaimer: I have no first hand experience as to the validity of this information.

It seems a landlord was having issues with a tenant who was late on rental payments. The landlord confronted the tenant and not being satisfied with the tenants response, the landlord told the tenant a video camera had been placed in the tenants unit and the landlord was in possession of compromising videos of the tenant.

The tenant, contacted the police and a 'sting' operation was setup where the tenant would exchange rental payment for the compromising video. As the exchange occured, the tenant handed over payment and the landlord in turn handed over a tape. The landlord was promptly arrested and charged with extortion! As it turned out, the tape was blank and no cameras had been installed in the tenants unit.

However...

This is very very big Bozo No No! Extortion is illegal and not the proper way to recover delinquent rental payments from tenants.

To excersize your legal rights as a landlord it is prudent to either allow a professional property management company to manage your rental properties or visit your local County Clerks office for information or a handbook (most county clerks have these handbooks for a small fee) on eviction procedures. You may also contact and enlist the aid of a qualified real estate attorney.

Disclaimer:
Procedures for eviction vary from state to state and by locality so make sure you verify the procedures with your county clerks office. The County Clerks office can not give you advice, but most have a handbook (usually incurs a small fee) that outlines the procedures very clearly!

The Panama City Florida Real Estate market has and continues to perform well for those investors interested in rental properties. Both the Panama City Florida residential and commercial real estate markets perform well.

Contact me today and find out how you can purchase Panama City Florida Real Estate investments!

Sign up for my newsletter or download it. It's easy and free.
Ask for my free customized Community Report . It's filled with information about Panama City, Panama City Beach, Callaway, Lynn Haven or other community of your choice in Bay County Florida.

Jennifer Mackay
Direct: (850) 774-6582

Arificial Reefs, diving, fishing and Panama City Florida

I read an interesting article today in the news herald...

Danny Grizzard, director of Florida Aquatic and Marine Inc. and Mike Gomez co-owner of the Panama City Dive and Ski Center both voiced strong supports for the sinking of a decommissioned tug boat - Red Sea. The planned site is located about five miles off the St. Andrew Bay pass in 75 feet of water. Read the full article.

Panama City Beach Florida, has long been a popular diving and fishing destination. While the popularity of scuba diving in our area has diminshed in recent years, this news shows that the TDC (Tourist Development Council) and others are actively interested in maintaining Panama City Beach Florida as a premier resort and vacation destination.

These types of promotions and benefits to visitors represent an ongoing commitment to Panama City Beach Florida by the TDC and the community as a whole. This commitment will have long lasting effects on the Panama City Florida real estate market.

Providing more family entertainment venues and value, such as Pier Park, Local Diving and Fishing tournaments, Breakaway Drag strip, as well as many others increases not only the popularity of the area, but also strengthens our economy and real estate market.

What do you think? I'd like to know...

Jennifer Mackay
Direct: (850) 774-6582