Terrace
467 m² balcony
467 m² Commercial Terrace at Prime 507 Santa María
A substantial commercial terrace in Santa María Business District
Santa María, Panamá
Active
$233,500
USD$500 / m²
- 467 m²Floor area
Overview
A rare 467 m² commercial terrace gives this Prime 507 property a distinctive footprint in Santa María Business District, one of Panama’s most sought-after modern business areas. Offered for sale at $233,500, the space is positioned within a contemporary office building designed around natural elements and energy-saving principles. The property is described as a terrace measuring 467 m². The available details also mention emergency stairs, ventilation openings and a 90 m² cooling provision. A specific floor, parking allocation, bathroom configuration and interior fit-out for this terrace are not confirmed. Prime 507 provides three elevators, 24-hour security, a full backup power plant and a reserve water tank. The building has six office floors and five parking levels; offices are available in the building from 92 m². Santa María Business District offers convenient access to commercial areas and major roads, with visitor parking identified among the area’s conveniences. Contact us to discuss the property and arrange a visit.
In Short
The 467 m² commercial terrace at Prime 507 in Santa María Business District is offered for $233,500. The building has three elevators, 24-hour security, a full backup generator, a reserve water tank, six office floors and five parking levels.
Before You Decide
- A 467 m² terrace is offered at an asking price of $233,500, or a calculated $500 per m².
- Prime 507's stated building features include three elevators, 24-hour security, full backup power and a reserve water tank.
- The property's exact floor, assigned parking, bathroom configuration, monthly maintenance and cooling-system details should be confirmed.
Highlights
- 467 m² commercial terrace
- Offered for sale at $233,500
- Located in Prime 507, Santa María Business District
- Three elevators in the building
- 24-hour building security
- Full backup power plant and reserve water tank
- Emergency stairs and ventilation openings
- Easy access to commercial areas and major roads
At a Glance
- Status
- Available
- Asking price
- $233,500
- Price per m²
- $500/m²
- Total area
- 467 m²
- Property type
- Commercial terrace
- Building
- Prime 507
- Neighborhood
- Santa María
- City
- Juan Díaz
- Listing ID
- CNV-PROP-046577
Key Facts
- Category
- Commercial
- Unit type
- Commercial Office
- Listed
- 5 July 2024
- Last updated
- 13 October 2026
Gallery
6 photographs of this residence.
Room by Room
Composed from this unit's own specification, not a template.
Explore Office
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
- Balcony
- 467 m²
- Total
- 467 m² · 5,027 ft²
Parking & Storage
- Covered
- No
Outdoor
- Terrace
Costs & Financing
Everything you would actually pay, not just the asking price.
Purchase Summary
- Asking price
- $233,500
- Price per m²
- $500 / m²
- Cash to close (est.)
- $70,050at 30% down
Mortgage Estimate
- Down payment
- 30% · $70,050
- Loan amount
- $163,450
- Rate (assumed)
- 6.25%
- Term
- 30 years
Estimated monthly payment
$1,006
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
- The calculated price basis is $500 per m², using the $233,500 asking price and 467 m² stated area.
- Prime 507 as having six office floors and five parking levels.
Value Comparison
Asking price per m², against the building, the sector and the country.
Office$500 / m²
Santa María average$3,682 / m²
Panama average$4,306 / m²
Asking 86% below the Santa María average. Ask us why; sometimes there is a good reason and sometimes there is a reason.
Investment Case
Prime 507 offers a 467 m² commercial terrace in Santa María Business District for $233,500, equivalent to $500 per m² based on the stated total area and asking price.
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- Gross yield
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- Net yield (est.)
- —
- 5-yr area growth
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- Days on market
Price History
- Listed · July 2024$233,500
How You Can Pay
This residence is not attached to a building page in our directory.
Living in Santa María
Juan Díaz, Panamá
Santa María on Casanova today
- Active sale listings
- 384
- Active rentals
- 0
- Median asking price per m²
- $3,583
Getting Around
Juan Díaz, 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 large is the terrace at Prime 507?
The terrace is described as 467 m².
How many elevators does Prime 507 have?
Prime 507 has three elevators.
Does Prime 507 have backup power?
Prime 507 has a full backup power plant.
Does Prime 507 have a water reserve tank?
Prime 507 has a reserve water tank.
Is Prime 507 secured around the clock?
Prime 507 provides 24-hour security.
Does Prime 507 have a reserve water tank?
Yes. Prime 507 has a reserve water tank.
Similar Properties
Same market, comparable size and price.
115.30 m² Office at PH Santa Maria Business Center
PH Santa Maria Business CenterSanta María
- 115 m²
$248,000
$2,151 / m²
Interested in 467 m² Commercial Terrace at Prime 507?
Speak to our team — viewings in person or by video, usually within 48 hours.