Development Property for Sale in Santa Ana
Edificio para gran desarrollo de hasta 5,000 m² en Santa AnaSanta Ana
- 5,000 m²
$1,690,000
$338 / m²
Casa Antonela commercial building in Santa Ana
Casa Antonela: a landmark-scale redevelopment opportunity
Santa Ana, Panamá
Active
$1,690,000
USD$1,408 / m²
- 1,200 m²Built area
- 628 m²Land
Overview
Casa Antonela brings substantial scale to one of Panama City's evolving historic districts. Positioned at the intersection of 16th Street and C Street, this property combines a central Santa Ana location with meaningful redevelopment potential. The property comprises 628 m² of land and 1,200 m² of construction, with stated development potential of up to 5,000 m². Its stated RM3-C2 zoning and heritage categories 3 and 4 are central to evaluating a future project. The property is presented as a platform for a high-impact residential or commercial development. Santa Ana is gaining momentum as the Old Quarter expands beyond its historic core. Investment in hotels, restaurants, plazas and residential projects is energizing the neighborhood, while the South Gate entrance connects tourist movement directly to the area. Casa Antonela is offered for $1,690,000. Contact Casanova Realty to discuss the property and arrange a viewing.
In Short
Casa Antonela is a commercial building at the intersection of 16th Street and C Street in the Santa Ana area of Panama City. The property has 628 m² of land, 1,200 m² of construction, stated RM3-C2 zoning, heritage categories 3 and 4, and stated development potential of up to 5,000 m². The asking price is $1,690,000 USD.
Before You Decide
- Evaluate the stated 5,000 m² development potential against official zoning, heritage requirements and project approvals.
- The property has 628 m² of land and 1,200 m² of construction.
- The source gives RM3-C2 zoning and heritage categories 3 and 4.
- No parking count, title information, property-tax amount or maintenance costs are provided.
Highlights
- 628 m² of land
- 1,200 m² of existing construction
- Stated development potential of up to 5,000 m²
- RM3-C2 zoning
- Heritage categories 3 and 4
- At the intersection of 16th Street and C Street
- Santa Ana location within the expanding Old Quarter area
- Asking price: $1,690,000
At a Glance
- Status
- Available
- Asking price
- $1,690,000
- Price per land m²
- $2,691.08/m²
- Land area
- 628 m²
- Construction area
- 1,200 m²
- Development potential
- Up to 5,000 m²
- Property type
- Commercial building
- Building
- Casa Antonela
- Neighborhood
- Santa Ana
- City
- Panama City
- Listing ID
- CNV-PROP-011121
Key Facts
- Category
- Commercial
- Unit type
- Building Entire
- Listed
- 3 October 2026
- Last updated
- 3 October 2026
Gallery
5 photographs of this residence.
Explore Building
Take a closer look before you travel.
No video on file for this unit yet. We can walk you through it live over WhatsApp — most buyers outside Panama start that way.
Features & Finishes
Layout
- Total
- 1,200 m² · 12,917 ft²
Parking & Storage
- Covered
- No
Costs & Financing
Everything you would actually pay, not just the asking price.
Purchase Summary
- Asking price
- $1,690,000
- Price per m²
- $1,408 / m²
- Cash to close (est.)
- $507,000at 30% down
Mortgage Estimate
- Down payment
- 30% · $507,000
- Loan amount
- $1,183,000
- Rate (assumed)
- 6.25%
- Term
- 30 years
Estimated monthly payment
$7,284
Principal and interest only
An illustration, not an offer. Panamanian banks lend up to about 70% to residents and 50–60% to non-residents; your rate depends on the bank, the term and your file.
Monthly Carrying Cost
Property tax$0
Insurance$0
Total, before mortgage:$0 / month
If you let it out
How It Compares
- Asking price: $1,690,000 USD.
- Land area: 628 m²; construction area: 1,200 m².
- Derived asking price per land area: approximately $2,691.08/m², calculated as $1,690,000 divided by 628 m².
Value Comparison
Asking price per m², against the building, the sector and the country.
Building$1,408 / m²
Santa Ana average$5,485 / m²
Panama average$4,306 / m²
Asking 74% below the Santa Ana average. Ask us why; sometimes there is a good reason and sometimes there is a reason.
Investment Case
Casa Antonela is offered at $1,690,000 with 628 m² of land, 1,200 m² of construction and stated development potential of up to 5,000 m². The stated zoning is RM3-C2, with heritage categories 3 and 4. The asking price is approximately $2,691.08 per land m², calculated from the asking price divided by 628 m².
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- Gross yield
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- Net yield (est.)
- —
- 5-yr area growth
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- Days on market
Redevelopment potential of up to 5,000 m² is stated; feasibility, approvals and preservation requirements need verification.
Price History
- Listed · October 2026$1,690,000
How You Can Pay
This residence is not attached to a building page in our directory.
Living in Santa Ana
Santa Ana, Panamá
Santa Ana on Casanova today
- Active sale listings
- 92
- Active rentals
- 0
- Median asking price per m²
- $2,092
Getting Around
Santa Ana, Panamá, Panamá · Panama City
Address shown to neighborhood precision for the owner's privacy. The exact address is shared when a viewing is confirmed.
Frequently Asked Questions
What are the land and construction areas at Casa Antonela?
Casa Antonela has 628 m² of land and 1,200 m² of construction.
What development potential is stated for Casa Antonela?
Development potential of up to 5,000 m² is stated. Feasibility and required approvals are not provided.
What zoning and heritage categories are stated for the property?
The stated zoning is RM3-C2, and the stated heritage categories are 3 and 4.
What is the asking price for Casa Antonela?
The asking price is $1,690,000 USD.
What are the land and construction areas?
Casa Antonela has 628 m² of land and 1,200 m² of construction.
What development potential is stated?
The stated development potential is up to 5,000 m².
What zoning and heritage categories are stated?
The stated zoning is RM3-C2, and the stated heritage categories are 3 and 4.
Similar Properties
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Interested in Casa Antonela commercial building in Santa Ana?
Speak to our team — viewings in person or by video, usually within 48 hours.