5-Property Portfolio Florida and Mississippi
2726 15th Street
Panama City, FL 32405
Description
HATTIESBURG, MS 4129 HWY 15 N STE 2 - 29,620 SF 2298 EDWARDS STREET - 21,115 SF 102 DEASON STREET - 12,000 SF PANAMA CITY, FL 1717 FRANKFORD AVE - 27,000 SF 2726 15TH STREET - 10,000 SF
SALE PRICE: $6,550,000 BUILDING SIZE: 101,235 SF UNITS: 691 Units LOT SIZE: 9.65 Acres PRICE / SF: $65.00
HATTIESBURG, MS 4129 HWY 15 N STE 2 - 29,620 SF 2298 EDWARDS STREET - 21,115 SF 102 DEASON STREET - 12,000 SF PANAMA CITY, FL 1717 FRANKFORD AVE - 27,000 SF 2726 15TH STREET - 10,000 SF
This portfolio is strategically positioned in Panama City, a vibrant and expanding coastal community known for its resilient economy and quality of life, and, Hattiesburg, MS, a stable area with over 50,000 people. Panama has an estimated population surpassing 37,500 and a broader metro area nearing 230,000 residents, Panama City is experiencing steady growth fueled by diverse industries including tourism, healthcare, education, and manufacturing. The city’s proximity to Panama City Beach, a popular destination attracting millions of visitors annually, adds to the region’s dynamic real estate demand. Investors will appreciate Panama City’s expanding infrastructure, favorable business climate, and ongoing residential development, which together create a strong foundation for increased self-storage demand. High traffic counts along key corridors combined with robust regional population growth make this an ideal market for value-add investment strategies. Both the Hatteisburg market and PCB market offer stability and growth combined.
