MARBELLA Panama Republic of Panama, Not Provided, FL Not Provided

$4,500,000
21,818
SqFt

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List Price
$4,500,000
MLS#
A12030187
Status
ACTIVE
County
Not Provided
City
Not Provided
Subdivision
Campo Alegre
Living Area
21,818

Property Description

Prime income-producing multifamily asset in Marbella, Panama City. Property consists of 10 rental units within an existing 2,027 SqFt building situated on a 774.38 m² development site. Currently generating approximately $267,600 gross annual income with stabilized occupancy above 95%. Zoned 1ZM6 with potential for future residential development of up to 15 stories. Excellent opportunity to acquire a cash-flowing asset while benefiting from long-term redevelopment potential in one of Panama City's most desirable and walkable districts. Located near banking headquarters, shopping centers, hospitals, restaurants, Casco Viejo, and Tocumen International Airport. Ideal for investors, developers, and multifamily operators. Buyer to verify all zoning, development rights, dimensions, and income figures during due diligence.

Additional Information

Days on Market
96
Year Built
2000
Stories
3
Cooling
Central Air, Electric
Heating
None
Parking Spaces
10

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Calculator source: Real Geeks

Listing courtesy of Global Terra Invest LLC. Contact: