0 Marbella Panama Republic Of Panama, FL (MLS# A12030187)

0 Marbella Panama Republic Of Panama, FL

$4,500,000

Virtual Tour

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

Property Type: Residential Income Square Footage: 21,818 Status: Active

Current Price: $4,500,000 List Date: 6/03/2026 Last Modified: 7/08/2026

Overview

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.

Listing Details MLS# A12030187

General Property Information

Number Of Units Total: Yes
Property Sub Type: Quadruplex
Living Area Main: 21818
Adjusted Area Main: 21818
Year Built: 2000
Parking Total: 10
Lot Size Dimensions: 0.191
Stories Total: 3
Pool Private YN: Yes

Property Features

Documents Available: Appraisal; Financial Statement; Rent Rolls Flooring: Ceramic Tile; Marble Structure Type: Multi Family Construction Materials: CBS; Concrete Block - No Stucco Cooling: Central Air; Electric Heating: None Listing Terms: Cash; Conventional Pool Features: Other Possession: Close Of Escrow; Negotiable Roof: Concrete Sewer: Public Sewer Tax Information: Tax Reflects No Exemptions Utilities: Cable Available Water Source: Public Showing Requirements: Call Listing Agent Acreage Description: 1/4 To Less Than 1/2 Acre Lot

Contract Information

Comp Sale YN: No
Original List Price: 5500000

Location and Legal

Country: Panama
County Or Parish: Other
County Parish Name: Other
Street Name: Marbella Panama Republic Of Panama
State Or Province: FL
Subdivision Name: CAMPO ALEGRE
Area: 5940 - Other Florida County
Zoning: 1ZM6

Financial Information

Tax Year: 2025
Tax Legal Description: MARBELLA DEVELOPMENT SITE WITH EXISTING INCOME PRODUCING STRUCTURE PANAMA CITY PANAMA

Status Change Information

Major Change Timestamp: 2026-06-22T05:54:43Z
Major Change Type: Price Reduced
Price Change Timestamp: 2026-06-22T05:54:43Z
Status Change Date: 2026-06-03

More Information

Income and Expenses

Gross Income: 267600

Unit 1 Details

Actual Rent: 2230
Baths Full: 2
Efficiency YN: No
Furnished: Furnished
SqFt: 850

Unit 1 Lease Description

Lease Term: Month To Month

Unit 1 Parking Details

Garage YN: Yes

Price Calculations

Current Price To SqFt: 206.25

Section Details

Parcel Number MLX: 2991

Originating Details

Originating System Key: 503568092
Originating System ID: M00000151

Office/Member Information

DXORIGMLSID: SEF

Flooring

Ceramic Tile: Yes
Marble: Yes

Documents Available

Appraisal: Yes
Financial Statement: Yes
Rent Rolls: Yes

Structure Type

Multi Family: Yes

Possession

Close Of Escrow: Yes
Negotiable: Yes

Sewer

Public Sewer: Yes

Utilities

Cable Available: Yes

Heating

None: Yes

Construction Materials

CBS: Yes
Concrete Block - No Stucco: Yes

Listing Terms

Cash: Yes
Conventional: Yes

Pool Features

Other: Yes

Roof

Concrete: Yes

Water Source

Public: Yes

Cooling

Central Air: Yes
Electric: Yes

Showing Requirements

Call Listing Agent: Yes

Tax Information

Tax Reflects No Exemptions: Yes

Acreage Description

1/4 To Less Than 1/2 Acre Lot: Yes

Listing Office: Global Terra Invest LLC

Last Updated: July - 08 - 2026

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