1035 E 23rd St, Panama City, FL 32405 Property Records

Bay County property record for 1035 E 23rd St, Panama City, FL 32405

Property Summary

Property Type	Hotel
Details	27,186 sqft · built 1994
Lot Size	1.79 acres (78,364 sqft)
Owner	Company Name on File
Last Sale	$2,110,000 (Dec 2015)
Tax Bill	$45,342 (2025)
Deeds & Mortgages	Oct 2023 Line of Credit May 2020 Sale
Flood Zone	Zone X (minimal risk)
APN	`12987-000-000`

Property Details

APN / Parcel Number

Primary APN	`12987-000-000`

Interior

Total Rooms	50 Rooms
Units	50 Units
Stories	2 Stories
Building Area	27,186 sqft Gross Area
1st Floor Area	27,186 sqft
Flooring	Tile
Interior Walls	Wallboard/Drywall

Exterior

Year Built	Built 1994
Effective Year Built	Effective 1994
Exterior Material	Concrete Block
Construction Type	Masonry / Concrete Block
Fire Resistance	Masonry Walls, Wood Interior
Roof Type	Flat
Roof Material	Built-Up Asphalt
Lot Area	78,364 sqft (1.79 acres)
Lot Dimensions	1,150 ft deep x 75 ft wide
Pool Area	630 sqft

Utilities, Heating & Cooling

Cooling System	Central
Heating System	Forced Air with A/C

Location & Zoning

Street Address	1035 E 23RD ST
City	PANAMA CITY
State	FL
Zip	32405-5313
Property Category	Commercial
Property Type	Commercial > Retail > Hotel
Local Zoning Code	PC09
Legal Description	28 3S 14W -116- 104B ST AND BAY DEV CO PLAT BEG NE COR LOT 128 TH S 75 TH W 15 S 166.20 SWLY 27.08 TO THE NORTH R/W OF 23RD ST TH W ALONG R/W 200.03 TH RUN N 268.68 E 75 N 140 E 150 TH S215 TO POB ORB 3758 P 1806
Legal Range	14W
Legal Township	03S
Legal Section	28
Legal Subdivision	ST AND BAY DEV CO PLAT
Legal Lot Number	128
Jurisdiction	BAY FL
Township / Civil Division	PANAMA CITY
Census Block Group	3
Census Block	3062
Census Tract	1302

Owner

1035 E 23rd St, a commercial property, is owned by a company that bought it in December 2015.

Source: Bay County records, as of June 11, 2026

Owner of Record	Company Name on File
Mailing Address	1035 E 23RD ST, PANAMA CITY, FL 32405-5313
Owner Type	Company
Vesting	Limited Liability Company

Owner names and exact recorded amounts are on file and can be viewed instantly on this page with a free 10-day trial.

Deeds, Mortgages & Sale History

Date	Document
Oct 19, 2023	Deed of Trust, Mortgage · Line of Credit FIRST NATIONAL BANK NORTHWEST FLORIDA
May 14, 2020	Warranty Deed, Transfer ATTORNEY ONLY

Assessor's Deed Record

Deed Names	Name on Deed
Last Sale	Dec 23, 2015 · Amount on File
Deed Sale	Dec 23, 2015 · Amount on File
Deed Document Number	201569790
Deed Book / Page	3758 / 1806
Record Updated	Oct 29, 2026

October 2023: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	BAY FL
Property Address	1035 E 23RD ST, PANAMA CITY, FL 32405-5313
Transaction Type	Mortgage
Record Updated	Nov 15, 2023

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	1035 E 23RD ST, PANAMA CITY, FL 32405-5313

Mortgage

Document Number	0047411469
Date	Oct 19, 2023
Book Page	4741/1469
Instrument	2023066175

Lender

Name	FIRST NATIONAL BANK NORTHWEST FLORIDA
Type	Bank
Address	PANAMA CITY, FL 32405

Agreement

Type	Line of Credit
Amount	Amount on Record
Term	240 Months
Due	Oct 18, 2043

May 2020: Warranty Deed, Transfer

Document Type	Warranty Deed
Jurisdiction	BAY FL
Recording Date	May 14, 2020
Property Address	1035 E 23RD ST, PANAMA CITY, FL 32405-5313
Document Number	0042512119
Book / Page	004251 / 002119
Instrument Date	May 13, 2020
Instrument	31807
Transaction Type	Transfer
Record Updated	May 27, 2020
Title Company	ATTORNEY ONLY

Transferred From (Grantor/Seller)

Name	Verified Name

Transferred To (Grantee/Buyer)

Name	Verified Name
Relationship	Tenants by the Entirety
Address	506 PARKWOOD CT PANAMA CITY FL 324054445, PANAMA CITY, FL 32405-4445

Tax Assessment & Valuation

The 2025 property tax bill for 1035 E 23rd St was $45,342, up 4.9% from the year before.

Source: Bay County assessment roll, as of January 5, 2026

Property Jurisdictions

Type	Name
State	Florida
County	Bay County
Municipality	Panama City
Unified School District	Bay County School District (PK - 12)

Tax Bill & Assessment History

Year	Tax Bill	Assessed Value	Assessed Market Value
2025	$45,342.00 (+4.89%)	$2,691,018	$3,223,385 Land $1,013,250 Building $2,210,135
2024	$43,227.00 (+12.94%)
2023	$38,274.00 (+14.57%)	$2,309,052 (+5.01%) Land $1,013,250 Building $1,295,802	$2,309,052 (+5.01%) Land $1,013,250 Building $1,295,802
2022	$33,407.00	$2,198,881 Land $867,210 Building $1,331,671	$2,198,881 Land $867,210 Building $1,331,671

Assessed value and assessed market value are set for property tax purposes and are not market price estimates.

Flood

FEMA maps place 1035 E 23rd St in Zone X, an area of minimal flood risk, within 500 ft of a high-risk flood zone.

Source: FEMA National Flood Hazard Layer, effective September 16, 2026 · OpenFEMA NFIP redacted claims and policies, as of September 2026

FEMA Flood Zone	Zone X minimal risk
Nearest Special Flood Hazard Area	Zone AE, within 500 ft
Flood Insurance Requirement	Not required lenders may require it
Flood Insurance Cost	Premium on File median of 46 policies
Community Rating System	Class 5 (25% premium discount)
Nearby Flood Policies	46 in force
Nearby Flood Claims	21 (1998–2018)
Claims Outside the SFHA	6 of 21
Most Recent Claim	Oct 2018 · Hurricane Michael
Claims by Event	Hurricane Michael, Oct 2018 · 11 claims Severe Storms And Flooding, Jul 2013 · 2 claims

Values are read at the parcel center point; flood claims are located to the census block group, not this parcel; lenders make the official flood determination.

Wildfire

Wildfire risk around 1035 E 23rd St is low, with less than a 0.01% annual chance of wildfire.

Source: USDA Forest Service Wildfire Risk to Communities (2nd edition), as of 2024

Wildfire Risk	Low lower than 98% of the US · lower than 97.6% of Florida
Wildfire Likelihood	Under 0.01% annual chance
Exposure	None beyond ember reach

Values cover an area roughly 900 ft across, not the parcel itself; insurers use their own ratings.

Drinking Water

Source: EPA Safe Drinking Water Information System, as of September 2026

Water System	PANAMA CITY WATER SYSTEM serves 34,345 people · EPA ID FL1030517
Water Source	Purchased surface water from BAY COUNTY WATER SYSTEM
Last State Inspection	Feb 2026
Lead	1 ppb (2024) action level 15 ppb

Violations Reported to EPA

Water Quality	None last 10 years
Treatment and Procedure	None last 10 years
Monitoring and Reporting	2 last 3 years

Results are for the whole water system, not water tested at this address; lead at the tap also depends on the building's own pipes.

Internet Providers

Source: FCC Broadband Data Collection, based on 28 locations within half a mile, as of December 31, 2025

Provider	Max Down / Up (Mbps)
Xfinity Cable	2,000 / 250
WOW Internet, Cable & Phone Cable	1,200 / 50
AT&T Fixed Wireless · Fiber in parts of the area	100 / 20

May also be available: T-Mobile, Verizon.

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