Property Attributes
- MLS#755319
- TypeCondos
- Listing Status Closed
- CountyBay
- CityPanama City
- Area02 - Bay County - Central
- NeighborhoodNo Named Subdivision
- Zip32401
- Style
- Year Built2025
- Price$ 487,500
- Bedrooms2
- Full Bathrooms1
- Half Bathrooms0
- Sqr Footage1000
Data Source:
Central Panhandle Association of REALTORS® (CPAR)
Property Description
Introducing The Mashburn Building, an iconic structure featuring four stories and 27,000 square feet of historical charm, offering 18 industrial-style residential lofts. Located in the vibrant heart of Historic Downtown Panama City, this distinctive development features a dynamic fusion of commercial and residential spaces spread across multiple levels. Providing versatile layouts tailored to diverse preferences, encompassing co-working spaces, an inviting members-only lounge & gym, rooftop restaurant & bar, and cafe + market on the first floor. Introducing Loft 10, a stunning two bedroom, 1.5 bathroom, plus a den, encompassing over 1,000 square feet. Revel in breathtaking views of Downtown Panama City with panoramic views facing North, East and West. This loft harmoniously blends timeless charm with contemporary elegance, incorporating industrial-inspired design elements like concrete floors and soaring 11-foot ceilings. The kitchen will be adorned with luxurious granite countertops, enhancing the allure of these remarkable living spaces. Step right onto Harrison Ave and immerse yourself in the vibrant atmosphere of Downtown Panama City. Explore a plethora of dining options, breweries, coffee shops, boutique shopping, art and photo galleries, pilates and boxing club, a marina, and much more just moments away. Reserve your loft today & enjoy a year of complimentary leasing for a private parking spot. An enticing opportunity awaits investors seeking a second home, vacation retreat, or income-generating property at an attractive price point. Construction to be completed by mid to end of 2025. **Disclaimer:** The renderings provided are for illustrative purposes only and may not be an exact representation of the final product. Some features, finishes, and details shown may include optional upgrades that are not included in the standard offering. Actual specifications, materials, and layouts may vary. Please consult with the builder or sales representative for complete details on available options and standard features.
| Elementary School | Middle School | High School |
|---|---|---|
| Cherry Street Elementary School | Jinks Middle School | Bay High School |
| Price History | |
|---|---|
| 9/8/2025 | Listed $499,750 |
General Features
| Sewer | Public Sewer |
|---|---|
| Utilities | Electricity Available,Water Connected |
| Property Subtype | Condominium |
| Community Features | Elevator,Short Term Rental Allowed |
| County | Bay |
| Property Type | Residential |
| HOA | true |
| Subdivision Name | No Named Subdivision |
| Status | Closed |
| Directions | From 98, South on Harrison Ave to Downtown Panama City. The Mashburn Building will be on your Left. |
| High School | Bay |
| City | Panama City |
| MLS Area | 02 - Bay County - Central |
| Elementary School | Cherry Street |
| Middle/Junior High School | Jinks |
| MLS Area Minor | 0203 - Bay - Central SW |
| Standard Status | Closed |
| Property Sub Type Additional | Condominium |
| Association Amenities | Other,See Remarks |
| Occupancy Type | Vacant |
| Year Built | 2025 |
| Heating | Electric |
| Construction Materials | Brick,Concrete |
| Garage Y/N | false |
| Total Rooms | 3 |
| Full Baths | 1 |
| Architectural Style | Mid Rise |
| Stories Count | 4 |
| Unit Number | 10 |
| New Construction | false |
| Number Of Units Total | 18 |
Interior Features
| Total Baths | 1 |
|---|---|
| Interior Amenities | Shower Only |
| Furnished Units | None |
| Heating Y/N | true |
| Total Bedrooms | 2 |
| LivingAreaSource | Plans |
| Total Stories | 4 |
Exterior Features
| Lot Features | Paved |
|---|---|
| Lot Dimensions | Condo |
| Building Area Total | 1000 |
| Waterfront Y/N | false |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Pets
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Condos Average in 32401
In The Neighborhood
Miramar Beach
$ 725,000
- Type
- Condos
- Size
- 1,230 SqFt
- Rooms
- 2 Beds + 2 Baths
Panama City
$ 695,000
- Type
- Condos
- Size
- 1,404 SqFt
- Rooms
- 2 Beds + 2 Baths
Santa Rosa Beach
$ 399,500
- Type
- Condos
- Size
- 850 SqFt
- Rooms
- 1 Beds + 1.5 Baths
Mexico Beach
$ 875,000
- Type
- Condos
- Size
- 1,791 SqFt
- Rooms
- 2 Beds + 2 Baths
Panama City Beach
$ 259,000
- Type
- Condos
- Size
- 750 SqFt
- Rooms
- 1 Beds + 1 Baths
Panama City
$ 524,750
- Type
- Condos
- Size
- 1,100 SqFt
- Rooms
- 1 Beds + 1 Baths
Navarre
$ 399,800
- Type
- Condos
- Size
- 1,028 SqFt
- Rooms
- 3 Beds + 2 Baths
Panama City Beach
$ 520,000
- Type
- Condos
- Size
- 1,249 SqFt
- Rooms
- 2 Beds + 2 Baths
Miramar Beach
$ 850,000
- Type
- Condos
- Size
- 1,617 SqFt
- Rooms
- 3 Beds + 2.5 Baths
Emerald Coast Association of REALTORS®, Inc. All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers
Listing data provided by: Central Panhandle Association of Realtors (CPAR)
Information deemed reliable but not guaranteed. The information is provided exclusively for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data relating