$16,500,000
6101 THOMAS Drive
Panama City Beach, FL 32408
MLS# 660515
Status: Sold



6101 THOMAS Drive, Panama City Beach, FL 32408
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6101 THOMAS Drive, Panama City Beach, FL 32408 6101 THOMAS Drive, Panama City Beach, FL 32408 6101 THOMAS Drive, Panama City Beach, FL 32408 6101 THOMAS Drive, Panama City Beach, FL 32408 6101 THOMAS Drive, Panama City Beach, FL 32408 6101 THOMAS Drive, Panama City Beach, FL 32408 6101 THOMAS Drive, Panama City Beach, FL 32408

Property Description
Gulf Front development parcel with +/- 9.41 acres in the heart of the Thomas Drive area of Panama City Beach, FL. With +/- 845 FF on the Gulf and +/- 650 FF on Thomas Drive this is a rare opportunity to acquire a large gulf front tract that was previously approved for a 688 unit condominium development. Prior permitting, renderings and engineering documents available upon request. Transfer of Density agreement in place allowing for an additional 80' in height for a height allowance of up to 320'.

Details
Maps
Contract Info
Status: Sold
List Date: 2017-07-01
List Price: $16,500,000
Current Price: $12,000,000
List Price/Acre: 1753453.77
Location
Street #: 6101
Street Name: THOMAS
Street Suffix: Drive
Area: 03 - Bay County - Beach
State: FL
Zip Code: 32408
County: Bay
Sub Area: 0323 - Beach - South of Grand Lagoon
Subdivision: Gulf Lagoon Beach
Community/Resort: None
Waterfront: Yes
Parcel ID: 30574-000-000
Elementary School: Patronis
Middle School: Surfside
High School: Arnold
Directions: Located between Watercrest and Regency Towers Condominiums.
Legal Description: Long Legal..Survey available
General Property Info
Sub-Type: Vacant Land
Lot Dimensions: Irregular
Acreage: 9.41
Lot Size (SqFt): 409899
Beach Frontage: 845
Listing Info, Tax & Legal
HOA Fee: No
As Is: No
Status Change Info
Under Contract Date: 2021-02-09
Sold Date: 2021-03-26
Sold Price: $12,000,000
Sold Price/Acre: 1275239.11
Property Features
Financing: Cash; Conventional
Lot Access: Paved Road; U.S. Highway
Lot Features: Coastal Construction Control Line; Survey Available
Utilities: All Utilities
Waterfront Type: Gulf
Waterview: Gulf
Present Zoning: Resort

Listing Office: NAI TALCOR

Last Updated: March - 30 - 2021


The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.

Information deemed reliable but not guaranteed.