71-Apartment Multifamily Building in Santa Ana
A fully occupied multifamily asset with room to grow
Santa Ana, Panamá
Active
$4,200,000
USD$14,000 / m²
- 300 m²Built area
- 3Bed
Overview
Positioned on Avenida 4 de Julio at the Santa Ana exit, this operating multifamily building brings together a fully occupied 71-apartment portfolio and potential for future expansion. Its apartment mix includes one-, two-, and three-bedroom layouts, and the asking price is USD 4,200,000. Each apartment is described as having its own property registry and individual electricity meter. An administration office operates inside the building. Shared facilities and infrastructure include an elevator, water reserve tank, internet service, laundry area, small social area, and storage or bodegas. Security features include biometric entry by facial recognition and fingerprint, together with a camera network. Side spaces are set up for advertising signage. The property has a commercial frontage on Avenida 4 de Julio and rear access via Darién and Estudiante streets. Casco Antiguo is nearby, and the site has direct access toward the Bridge of the Americas. Approximately 330 m² of air rights may allow for around 30 additional apartments, subject to permits and feasibility studies; a neighboring corner lot of approximately 700 m² may also be available for purchase. Contact Casanova Realty to discuss the building and its expansion potential.
In Short
The multifamily building on Avenida 4 de Julio is offered for USD 4,200,000 and contains 71 apartments in 1-, 2-, and 3-bedroom configurations. 100% occupancy, individual property registries and electricity meters for apartments, and potential expansion subject to permits and feasibility studies.
Before You Decide
- The building is described as fully occupied, but buyers should review the current rent roll and lease terms.
- Apartment-level registry and electricity-meter separation is stated for each apartment.
- The stated expansion potential depends on permits and feasibility studies.
- Area and parking measurements should be reconciled before investment underwriting.
Included in the sale. The building has an on-site administration office, a small social area, laundry area, and storage or bodegas.
Highlights
- 71 apartments in 1-, 2-, and 3-bedroom configurations
- Described as 100% occupied
- Individual property registry and electricity meter for each apartment
- Biometric entry with facial recognition and fingerprint access
- Security camera network, elevator, water reserve tank, and internet service
- On-site administration office, laundry area, small social area, and storage
- Commercial frontage on Avenida 4 de Julio with rear access via Darién and Estudiante
- Potential for about 30 additional apartments, subject to approvals and feasibility
At a Glance
- Status
- Available
- Asking price
- USD 4,200,000
- Property type
- Multifamily building
- Apartments
- 71
- Occupancy
- 100%
- Neighborhood
- Santa Ana
- City
- Panama City
- Listing ID
- CNV-PROP-087592
Key Facts
- Category
- Commercial
- Unit type
- Building Entire
- Listed
- 8 October 2026
- Last updated
- 13 October 2026
Gallery
10 photographs of this residence.
What's Included
Everything that stays with the residence.
- The building has an on-site administration office, a small social area, laundry area, and storage or bodegas.
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
- Bedrooms
- 3
- Laundry room
- Yes
- Total
- 300 m² · 3,229 ft²
Parking & Storage
- Covered
- No
Costs & Financing
Everything you would actually pay, not just the asking price.
Purchase Summary
- Asking price
- $4,200,000
- Price per m²
- $14,000 / m²
- Cash to close (est.)
- $1,260,000at 30% down
Mortgage Estimate
- Down payment
- 30% · $1,260,000
- Loan amount
- $2,940,000
- Rate (assumed)
- 6.25%
- Term
- 30 years
Estimated monthly payment
$18,102
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
- Compare the building's 71 apartments, stated full occupancy, and individual apartment registries with other multifamily investment assets.
- Assess the stated air-rights expansion opportunity separately from the existing operating asset.
Value Comparison
Asking price per m², against the building, the sector and the country.
Building$14,000 / m²
Santa Ana average$5,485 / m²
Panama average$4,306 / m²
Asking 155% above the Santa Ana average — worth understanding what justifies it before you offer.
Investment Case
A fully occupied 71-apartment building on Avenida 4 de Julio offers an operating multifamily investment, on-site administration, and potential expansion subject to permits and feasibility review.
- —
- Gross yield
- —
- Net yield (est.)
- —
- 5-yr area growth
- —
- Days on market
Potential development of approximately 30 additional apartments using about 330 m² of available air rights, subject to permits and feasibility studies. The adjoining corner lot of approximately 700 m² may also be available for purchase.
Price History
- Listed · October 2026$4,200,000
How You Can Pay
This residence is not attached to a building page in our directory.
Living in Santa Ana
Santa Ana, Panamá
Edificio multifamiliar de Avenida 4 de Julio
Santa Ana, Panamá
Positions are schematic, spaced by travel distance.
Get directionsSanta 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
How many apartments does the building contain?
The building contains 71 apartments, with 1-, 2-, and 3-bedroom configurations.
What is the building's stated occupancy?
The building is described as 100% occupied.
What is the asking price?
The asking price is USD 4,200,000.
What security and shared facilities are identified?
The building has biometric access using facial recognition and fingerprint scanning, security cameras, an elevator, a water reserve tank, internet service, a laundry area, a small social area, storage, and an on-site administration office.
Is expansion potential identified?
Approximately 330 m² of air rights may support around 30 additional apartments, subject to permits and feasibility studies. An adjoining lot of approximately 700 m² may also be available for purchase.
How many apartments are in the building?
The building contains 71 apartments in 1-, 2-, and 3-bedroom configurations.
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Interested in 71-Apartment Multifamily Building in Santa Ana?
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