Sunlit stairwell with Mediterranean-style arched windows, iron grilles, and yellow walls inside Santa Ana historic building

Common Stairwell: Colorful interior stairwell featuring decorative arched windows and ironwork grilles

Vibrant colonial multi-story building in Santa Ana with balconies, iron railings, and bright colors

Building Facade: Historic exterior facade showcasing balconies and secure window grilles

Brightly colored central courtyard with balconies and metal railings inside historic multifamily property

Interior Courtyard: Internal courtyard with balconies overlooking shared tenant space

Traditional corridor with archway balcony painted in yellow and brown in historic Santa Ana building

Walkway / Corridor: Architectural arch and open corridor connecting apartments

Multi-Family Building for Sale

Historic Investment Building 14 Apartments in Santa Ana

Historic Santa Ana / Casco Viejo, Santa Ana, Panama City

USD769,000

14 Bedrooms 14 Bathrooms 1500.0 m² Area

About this Multi-Family Building

Excellent income-producing property located on Calle Estudiante, Santa Ana, in Panama City’s UNESCO heritage district. This 4-story Bellavista-style historic building contains approx 1,500 m² construction on a 377 m² lot, offering 14 fully rented apartments with balconies and shared internal courtyard. The property features colonial balconies, iron window grilles, and beautiful architectural details. Perfectly zoned RM3-C2 with historic preservation categories, ideal for redevelopment or rental income with 100% current occupancy. Near National Institute, Casco Viejo, metro, markets, and cultural hotspots. Unique opportunity for investors seeking solid returns in one of Panama City’s fastest-growing historic neighborhoods.

Contact Maria Lopez at Casa Nova Realty Panama today to schedule a viewing! Reference Listing ID: 4Bpd5t6.

Key Features

Historic colonial architecture
Bellavista design elements
14 rental apartments with balconies
Interior courtyard
High occupancy income property
Redevelopment zoning RM3-C2
Proximity to Casco Viejo world heritage
Near metro, schools, and cultural sites

Detailed Features

Kitchen

FinishBasic tile countertops

RemodeledNo

Bedrooms

Bedroom 1

natural lighting
private or shared balconies

Bathrooms

Bathroom 1

basic shower
sink
simple tile finishes

Laundry

independent tenant laundry connections

Outdoor

TerraceInternal balconies and rooftop potential

Property Details

TypeMulti-family Building

CategoryResidential Investment

Size1500 m²

Lot Size377 m²

Bedrooms14

Bathrooms14

FurnishedNo

Pets AllowedNo

Price/m²USD512.67 / m²

Listing ID4Bpd5t6

Santa Ana Historic Multifamily Building Amenities

Interior Courtyard

Central communal courtyard with balconies

Balconies

Multiple private and shared balconies on all floors

Secure Entry

Metal gates and secure access points throughout

Multiple Units

14 rental apartments across 4 stories

Historic Architecture

Bellavista style colonial façade and details

Common Social Area

Shared space on ground floor for tenants

Location & Nearby

Loading Map...

Neighborhood Highlights

Located near National Institute
Walking distance to Casco Viejo historic landmarks
Close to metro stations and public transit
High rental demand zone
Cultural and artisan district

Nearby Landmarks

Instituto Nacional Panama (150m)
Casco Viejo Colonial Quarter (400m)
Museo del Canal Interoceánico (600m)
5 de Mayo Metro Station (650m)
Mercado de Mariscos (800m)

*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: 4Bpd5t6. Last updated: 2025-11-07T23:59:00Z*