Large corner estate with mature garden and tall security walls in Obarrio, Panama City

Exterior: Street front of investment corner lot property with secure walls and garden.

Spacious backyard with lawn, mature trees and privacy fence in Obarrio investment property

Exterior - Garden: Rear lush garden space perfect for redevelopment or private residence use.

Wide entrance driveway with high security fence in redevelopment property Obarrio Panama

Exterior - Parking area: Ample entry and parking for multiple vehicles with gated security access.

Spacious open interior with stairs and natural light on Obarrio corner estate Panama

Living/Dining: Living room with open staircase area and large windows overlooking yard.

Open traditional living room with marble floors and chandeliers Obarrio Panama

Living Room: Large living space ideal for redesign or new luxury development interior.

Tall wall with barbed wire security around corner investment lot in Obarrio Panama

Exterior - Street view: Street view of property perimeter fencing and signage, located on major corner.

House for Sale

Obarrio Corner Lot with House for Redevelopment Panama

Obarrio / El Carmen, Bella Vista, Panama City

USD4,500,000

6 Bedrooms 6 Bathrooms 600.0 m² Area 8 Parkings

About this House

Prime corner lot measuring approx. 1,784 m² in central Obarrio, featuring a two-level residence of 600 m² boasting 6 bedrooms, 6 bathrooms, spacious living and dining area, large kitchen, private backyard with covered terrace, ample parking for 8+ cars. This property sits on RM3-MCU3 zoning ideal for high-rise residential or commercial redevelopment. Located steps from Soho Mall, Hotel Riu, and Metro station, it offers superb exposure and access. Exceptional land banking or development opportunity in Panama City's vibrant business district. Price: $4,500,000.

Contact Maria Lopez at Casa Nova Realty Panama today to schedule a viewing! Reference Listing ID: NkFkbdt.

Key Features

Corner dual frontage exposure
Development zoning RM3-MCU3
6 spacious bedrooms and 6 bathrooms
Terrace and private garden
Gated parking for multiple vehicles
Ideal for tower redevelopment project
Main house in good structural condition

Detailed Features

Kitchen

Finishtraditional spacious kitchen with breakfast area

RemodeledNo

Appliances

gas stove
range hood

Bedrooms

Bedroom 1

ensuite bathroom
closet
garden view

Bedroom 2

closet
natural light

Bedroom 3

closet
natural light

Bedroom 4

closet
natural light

Bedroom 5

closet
natural light

Bedroom 6

closet
natural light

Bathrooms

Bathroom 1

shower cabin
sink
toilet

Bathroom 2

shower cabin
sink
toilet

Bathroom 3

shower cabin
sink
toilet

Bathroom 4

shower cabin
sink
toilet

Bathroom 5

shower cabin
sink
toilet

Bathroom 6

shower cabin
sink
toilet

Laundry

laundry room with hookups

Outdoor

TerraceCovered spacious patio perfect for entertaining

GardenYes

Property Details

TypeHouse

CategoryResidential / Development Lot

Size600 m²

Lot Size1784.5 m²

Bedrooms6

Bathrooms6

Parking8

FurnishedNo

Pets AllowedNo

Price/m²USD7,500.00 / m²

Listing IDNkFkbdt

Obarrio Corner Estate Amenities

Large Garden

Spacious mature landscaped green areas throughout property

Perimeter Fencing

High privacy walls with additional security fencing

Multiple Parking Spaces

Gated driveway with capacity for 8+ vehicles

Rear Terrace

Wide covered terrace perfect for gatherings overlooking backyard

Corner Lot Position

High visibility dual frontage on major neighborhood streets

Location & Nearby

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Neighborhood Highlights

High-demand area for commercial and residential developments
Premier Obarrio location bordering El Cangrejo and El Carmen
Walking distance to banks, hotels, restaurants, mini malls
Quick access to Calle 50, Via España, and metro
Ideal for luxury condo tower or mixed-use project

Nearby Landmarks

Soho Mall (500m)
Hotel Riu Plaza (300m)
Multiplaza Pacific (1.5 km)
Iglesia del Carmen Metro Station (500m)
Parque Andrés Bello (700m)

*Disclaimer: Property information is deemed reliable but not guaranteed and should be independently verified. Availability, price, and details are subject to change. Measurements are approximate. Listing ID: NkFkbdt. Last updated: 2025-11-07T23:59:00Z*