Panama Commons
1001 Sherman Ave, Panama City, Florida 32401
🔴 Expiring Imminently
Panama Commons is a 92-unit multifamily property located at 1001 Sherman Ave in Panama City, Florida 32401. Placed in service in 2011 under the LIHTC program, its 15-year compliance period expires in 2026. This property's compliance period is expiring imminently.
Year-15 Compliance Timeline
EXPIRING IMMINENTLYPlaced in Service
2011
Expiration
2026
2011
2014
2017
2020
2023
2026
⚠️
Compliance expires has expired
This property's 15-year LIHTC compliance period is expiring or has recently expired. The owner may be considering disposition, recapitalization, or Year-15 exit options.
Compliance Period
15 Years
Years Elapsed
15 / 15
Years Since
0
Property Overview
HUD IDFLA20110195
Year Placed in Service2011
Year-15 Expiration2026
Acquisition Status🔴 Expiring Imminently
Unit Breakdown
Total Units92
Low-Income Units92
Low-Income Ratio100%
Tenant demographic data not available for this property.