$832,500
Panama City Beach, FL 32413
MLS# 671326
Status: Sold
10437 sqft
1 / 15
Property Description
WOW! What a development opportunity just across the street from a public beach access! This property consist of 16 units, LARGE swimming pool, large out building and a 3BR/2BA house with 2 efficiency units attached. This parcel is zoned commercial high density (45 units/acre) with the house in R3 zoning (15 units/acre). R3 Zoning change to commercial high density should not be a problem. This property has many opportunities for development. This property is ripe to be re-purposed for single family coastal style homes or a small condo complex. Call to see this property today!
Details
Maps
Contract Info
List Price/SqFt: 95.81
List Date: 2018-04-25
List Price: $1,000,000
Current Price: $832,500
Sub-Type: Hotel/Motel
Location
Sub Area: 0324 - Beach - West Central
Community/Resort: None
Waterfront: No
Elementary School: West Bay
Middle School: Surfside
High School: Arnold
Directions: West on Front Beach Rd. past Hwy 79 to 17784 Front beach Rd on right.
Area: 03 - Bay County - Beach
Street #: 17784
Street Name: FRONT BEACH
Street Suffix: Road
State: FL
Zip Code: 32413
County: Bay
Subdivision: Wells Gulf Beach Estates
Parcel ID: 38440-000-000
Legal Description: WELLS GULF BEACH EST -33- 21B1 BEG 611' S OF NW COR BLK 4 TH E 102.5' S 241.2' SWLY 100' NWLY 50' N 304.2' N TO POB ORB 3185 P 1868
General Property Info
List Class: Motel/Hotel
Acreage: 0.62
Construction Status: Construction Complete
# of Units: 19
SqFt Tot Bldg: 10437
Year Built: 1957
Listing Info, Tax and Legal
HOA Fee: No
Remarks & Misc
Remarks: WOW! What a development opportunity just across the street from a public beach access! This property consist of 16 units, LARGE swimming pool, large out building and a 3BR/2BA house with 2 efficiency units attached. This parcel is zoned commercial high density (45 units/acre) with the house in R3 zoning (15 units/acre). R3 Zoning change to commercial high density should not be a problem. This property has many opportunities for development. This property is ripe to be re-purposed for single family coastal style homes or a small condo complex. Call to see this property today!
Status Change Info
Sold Price/SqFt: 79.76
Sold Price/Acre: 1342741.94
Status: Sold
Under Contract Date: 2018-07-30
Sold Date: 2019-09-06
Sold Price: $832,500
Financing
Cash: 1
Conventional: 1
Present Zoning
City: 1
Commercial: 1
Other - See Remarks: 1
Association Amenities
Dumpster: 1
Playground: 1
Pool: 1
Waterview
Gulf: 1
Sale Type
As Is: 1
Business Only
Year Built: 1957
Floors in Unit/Home
One: 1
Hotel/Motel
Year Built: 1957
Land
Property Type: Commercial
Offering Type
Sale Only: 1
Pricing Type
Sale Price: 1
Site Description
Corner Location: 1
Level: 1
Transport. Access
2-Lane: 1
City Road: 1
Paved: 1
State Road: 1
Property Features
Financing: Cash; Conventional
Offering Type: Sale Only
Pricing Type: Sale Price
Present Zoning: Commercial; Other - See Remarks
Sale Type: As Is
Site Description: Corner Location; Level
Waterview: Gulf
Listing Office: Counts Real Estate Group Inc
Last Updated: October - 04 - 2024
Information deemed reliable but not guaranteed.