$4,200,000
128 LAKE Place
Panama City Beach, FL 32413
MLS# 665283
13230 sqft


128 LAKE Place, Panama City Beach, FL 32413
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128 LAKE Place, Panama City Beach, FL 32413 128 LAKE Place, Panama City Beach, FL 32413 128 LAKE Place, Panama City Beach, FL 32413 128 LAKE Place, Panama City Beach, FL 32413 128 LAKE Place, Panama City Beach, FL 32413 128 LAKE Place, Panama City Beach, FL 32413 128 LAKE Place, Panama City Beach, FL 32413 128 LAKE Place, Panama City Beach, FL 32413 128 LAKE Place, Panama City Beach, FL 32413 128 LAKE Place, Panama City Beach, FL 32413 128 LAKE Place, Panama City Beach, FL 32413 128 LAKE Place, Panama City Beach, FL 32413 128 LAKE Place, Panama City Beach, FL 32413

Property Description
18 unit active mom and pop motel on One and a half acres zoned seasonal resort. Across the street on front beach road with views of dedicated Laguna Beach. A great opportunity develop the vacant land while receiving hotel income developing a seasonal resort hotel.

Details
Maps
Contract Info
List Price: 4200000
List Price/SqFt: 317.46
Current Price: 4200000
Sub-Type: Hotel/Motel
Location
Area: 03 - Bay County - Beach
Street #: 128
Street Name: LAKE
Street Suffix: Place
State: FL
Zip Code: 32413
County: Bay
Sub Area: 0324 - West Central
Subdivision: Laguna Beach
Community/Resort: Laguna Beach
Waterfront: No
Parcel ID: 36576-010-000
Elementary School: West Bay
Middle School: Surfside
High School: Arnold
Directions: Lake Place meets Front Beach six blocks west of the Carousel Grocery Store.
Legal Description: Parcel ID 37887-000-000  36577-000-000 36576-010-000 37245-041-000 37245-040-000
General Property Info
List Class: Motel/Hotel
Immediate Occupancy: No
Construction Status: Construction Complete
# of Units: 20
SqFt Unit: 13230
Stories: 2
Site Dimensions: 415X175X300X175
Acreage: 1.58
Frontage Ft: 300
Lot Depth: 415
Lot SqFt: 68750
SqFt HVAC: 9563
Apx SqFt(Htd/Cooled): 13230
Year Built: 1955
Listing Info, Tax and Legal
HOA Fee: No
Status Change Info
Status: Active
Hotel/Motel
Year Built: 1953
Building SqFt: 13000
# of Rooms: 20
Land
Property Type: Commercial
Property Features
Financing: Cash; Conventional
Waterview: Gulf; Lake

Listing Office: Panhandle Beach Realty & Rental

Last Updated: November - 29 - 2017

Information deemed reliable but not guaranteed.

Tuesday 12th of December 2017 11:53 AM