0 MARBELLA Panama Republic of Panama, FL
0 MARBELLA Panama Republic of Panama, FL
0 MARBELLA Panama Republic of Panama, FL
0 MARBELLA Panama Republic of Panama, FL
0 MARBELLA Panama Republic of Panama, FL
0 MARBELLA Panama Republic of Panama, FL
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Gerardo (Jerry) Barrios

Gerardo (Jerry) Barrios

+1(786) 318-7422
$ 5,500,000
Est. payment | /mo

21,818 SqFt

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$ 5,500,000
Est. payment | /mo
Save Virtual Tour

21,818 SqFt

Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

Square Footage 21,818 sqft

Price per Sqft $252

Subdivision Campo Alegre

MLS Listing ID A12030187

Style Fourplex

HOA Y/N No

Year Built 2000

Tax Year 2025

Property Sub-Type Quadruplex

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.

Location

State FL

County Other

Community Campo Alegre

Area 5990 Global Outside Us

Interior

Heating None

Cooling Central Air, Electric

Flooring Ceramic Tile, Marble

Exterior

Pool Other, Pool

Utilities Available Cable Available

Roof Type Concrete

Total Parking Spaces 10

Private Pool Yes

Building

Lot Description 1/4 to 1/2 Acre Lot

Story 3

Sewer Public Sewer

Water Public

Architectural Style Fourplex

Structure Type Brick,Block

Others

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Virtual Tour https://www.propertypanorama.com/instaview/mia/A12030187

Miami Association of Realtors (SEFMIAMI MLS)
Listed by Global Terra Invest LLC
Gerardo (Jerry) Barrios
Gerardo (Jerry) Barrios

Agent | License ID: 3646800

+1(786) 318-7422 | gbarrios@axenrealty.com

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0 MARBELLA Panama Republic of Panama