Precio de venta
Location: San Francisco, Panama City
Zoning: RM3
Construction Area: 845 m2
Total Land Area: 2,000 m2
This property is for sale, comprising two adjoining properties, with a total of three residential units. This opportunity is ideal for both residential development and investment, thanks to its strategic location, large land area, and RM3 zoning classification. Both properties have high development potential.
Property Description:
Property No. 1 – 720 m2 of land / 300 m2 of construction
This property has two independent buildings on the same lot: a main house in the front and a secondary house in the back.
Main House Details (Front):
• Enclosed Area: 167m2
• Terrace: 18m2
• Covered Parking for 1 Vehicle + Additional Space for 3 Cars
• 5 Bedrooms
• 4 Bathrooms
• Laundry Room
• Front: 12.5m2
• Depth: 56m2
Rear House Details:
• Enclosed Area: 102m2
• Terrace: 8m2
• 3 Bedrooms
• 2 Bathrooms
Property No. 2 – 1280m2 Land / 545m2 Construction
• Front: 23m2
• Depth: 56m2
• 5 Bedrooms
• 4 Bathrooms
• Den or Study
• Covered Terrace
• Open Terrace
• Maid's Quarters and Bathroom
• Storage Room
• Laundry Area
• Covered Garage
Currently used as an office, this property offers spacious and versatile spaces that can easily be adapted to a new residential or commercial project. Its location and size make it an excellent option for redevelopment or vertical development.
Opportunity Summary:
• Total land area: 2,000 m²
• Total construction area: 845 m² (on Property No. 1 and 2)
• Total number of residential units: 3 homes
• Prime location in one of the city's most desirable areas
• Development potential under RM3 zoning
Asking Price: $2,600,000
Price per m² (Land): $1,300.00