Exterior view of multi-unit building with balconies and parking in San Francisco Panama

Exterior: Facade showing balconies, iron fencing, parking and yard.

Large lot with parking spaces and green areas building for sale Panama

Exterior: Expansive front garden and parking with shaded trees.

Apartment interior with tile floor for remodeling investment building Panama City

Apartment interior: Apartment with ceramic tile ready for upgrades.

Balcony overlooking lot and neighborhood of San Francisco Panama

Balcony/Exterior: Unit balcony providing outdoor space with views.

Front garden and yard area with trees and building for sale Panama

Exterior garden: Tree-shaded front garden with development potential.

Multi-Unit Building With Land for Sale

Building with Lot for Sale San Francisco Panama RM3 Zoning

San Francisco / Atlapa Area, San Francisco, Panama City

USD1,000,000

10 Bedrooms 8 Bathrooms 600.0 m² Area 10 Parkings

About this Multi-Unit Building With Land

Prime opportunity in San Francisco! Multi-unit two-story building on 950 m² RM3-zoned land. Currently features 6 rental apartments: 1 large 2BR/2BA, 2 x 1BR/1BA, 2 x 2BR/1BA upstairs with dual access, and a caretaker's casita. Approx. 600 m² built area with balconies, ceramic floors, and gated windows for safety. Perfect for investors seeking rental income plus redevelopment potential for offices or condos. Lot measures approx. 47.5 x 20 meters, includes garden, 10 parking spaces, outdoor laundry, frontage on main road. Just minutes from Atlapa, Multiplaza & Corredor Sur. Selling below market at $1,000,000 (17% discounted). Don’t miss this excellent development/income combo in Panama City's sought-after growth corridor. Contact Casa Nova Realty Panama for a viewing.

Contact Maria Lopez at Casa Nova Realty Panama today to schedule a viewing! Reference Listing ID: 2XDDqgj.

Key Features

RM3 development zoning ideal for condos or offices
Existing 6 rental apartments generating income
Lot approx. 950 m² with 600 m² current construction
Parking for 10 cars securely inside gated yard
Balconies and terraces with urban views
Ceramic floors throughout
Gated windows, fencing for security
Front garden with mature trees
Near Atlapa, Corredor Sur, Multiplaza
Priced attractively below appraisal value

Detailed Features

Laundry

outdoor laundry area with hookups
space for washing machines

Outdoor

GardenYes

Property Details

TypeMulti-unit building with land

CategoryCommercial & Residential mixed-use

Size600 m²

Lot Size950 m²

Bedrooms10

Bathrooms8

Parking10

FurnishedNo

Pets AllowedNo

Price/m²USD1,666.67 / m²

Listing ID2XDDqgj

Year Built1974

Investment Building San Francisco Amenities

Balcony/Terrace

Multiple balconies facing the street and courtyard views

Front garden yard

Mature trees and small garden landscaping

Parking spaces

Capacity for 10+ vehicles within gated perimeter

Outdoor storage

Shed and small caretaker's house on ground level

Laundry hookups

Outdoor covered laundry area with water connections

Security fencing

Barbed wire and iron fencing for enhanced safety

Location & Nearby

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Neighborhood Highlights

Close to Atlapa Convention Center
Short drive to Multiplaza Mall and downtown Panama
Established residential and commercial zone
RM3 zoning for mid-high density development
Wide paved streets and easy highway access

Nearby Landmarks

Atlapa Convention Center (400m)
Multiplaza Mall (1.5 km)
Corredor Sur (500m)
Parque Omar (2 km)
Hospital Punta Pacifica (2 km)

*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: 2XDDqgj. Last updated: 2025-11-07T23:59:00Z*