$3,400,000
Panama City Beach, FL 32407
MLS# 600320
Status: Sold
24476 sqft
1 / 8
Property Description
Nautilus Station Shopping Center comprises a 24,476 square foot strip center with decorative block construction and glass storefronts, a ground lease with Carrabba's Italian Grill with 29 years remaining on the term, and two pad-ready sites to accomodate up to 3,100 sq. ft. & 10,300 sq. ft. buildings. detailed financials and rent roll available upon request and receipt of a confidentiality agreement.
Details
Maps
Contract Info
List Date: 2012-07-01
List Price: $4,240,000
List Price/SqFt: 173.23
Current Price: $3,400,000
Sub-Type: Other
Location
Area: 03 - Bay County - Beach
Street #: 13800
Street Name: Panama City Beach
Street Suffix: Parkway
State: FL
Zip Code: 32407
County: Bay
Sub Area: 0321 - Beach - North Central
Business Name: NAUTILUS STATION SHO
Subdivision: No Named Subdivision
Community/Resort: None
Parcel ID: 33803-005-020
Section: 21
Township: 3S
Range: 16W
Directions: Nautilus Station is located on Panama City Beach Parkway at the signalized intersection of Panama City Beach Parkway and Nautilus Street. There is an additional median-cut and deceleration lane at Argonaut Street at the main entrance to Nautilus. Centrally located in Panama City Beach approximately 1-mile east of Pier Park.
Legal Description: 21 3S 16W -1.12- 37C COM AT THE NW COR OF THE SW1/4 OF THESW1/4 TH S 331.68' TO THE NELYR/W OF PCB PKY TH NWLY 640.58'TO POB TH NELY 275' N 35.36' NWLY 375' NWLY 108.21' NELY 125' NWLY 272' SWLY 500' TO NELY PCB PKY TH SELY 750' TO POB ORB 3382 P 2128 The legal description shown here may be condensed for assessment purposes. Exact description may be obtained from the recorded deed.
General Property Info
List Class: Commercial
Construction Status: Construction Complete
Acreage: 6.7
SqFt HVAC: 24476
SqFt Tot Bldg: 24476
Year Built: 2006
Status Change Info
Status: Sold
Under Contract Date: 2012-07-16
Sold Date: 2012-08-31
Sold Price: $3,400,000
Sold Price/SqFt: 138.91
Sold Price/Acre: 507462.69
Property Features
Energy: AC - 2 or More; AC - High Efficiency; Double Pane Windows
Financing: Cash; Conventional
Offering Type: Ground Lease; Real Estate; Sale Only; Other - See Remarks
Pricing Type: Sale Price
Present Zoning: General Commercial
Sale Type: As Is; REO
Site Description: Aerials Available; Corner Location; Landscaped; Site - Plan
Utilities: Electric 220/240; Electricity - Availabile; Fuel - Natural Gas; Public Sewer - Connected; Water Connected
Listing Office: Counts Real Estate Group Inc
Last Updated: October - 03 - 2024
Information deemed reliable but not guaranteed.