Property photo 1
Property photo 2
Property photo 3
Property photo 4
Property photo 5
0 Baths
21,818 sqft

$4,500,000

0 Marbella Panama Republic Of Panama, FL

Price per sqft$206.25
Built in2000
Property size21,818 sqft
Property typeMulti-family

Overview

Active

Listed Jun 3, 2026

Updated Aug 31

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.

$29,939/mo

Est. mortgage payment based on a $4,500,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Other Property Details

Pool
Yes

Listed with Global Terra Invest LLC

All listings featuring the BMLS logo are provided by Association of Palm Beaches. This information is not verified for authenticity or accuracy and is not guaranteed. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by MLS.

©2026 Association of Palm Beaches. All rights reserved. 

Data last updated 6:24 PM UTC, 8/31/2026

 

Powered by Luxury Presence