$825,000
Panama City Beach, FL 32408
MLS# 698019
Status: Sold
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Property Description
PRIME LOCATION FOR INVESTORS/DEVELOPERS-PANAMA CITY BEACH IS ONE OF THE HOTTEST REAL ESTATE MARKETS IN THE USA WITH RECORD BREAKING TOURISM AND SUBSTANTIAL GROWTH. Don't miss out on this Prime Commercial Property located on the highly sought after Thomas Drive business corridor. Multiple parcels are being sold together to make one fantastic piece of property. A three story building would have breathtaking views of the Beautiful Gulf of Mexico! The C-1 zoning provides flexibility in its allowable uses, with easy access from three road fronts. Bring your offer today!
Details
Maps
Contract Info
List Price/Acre: 1980000
List Type: Exclusive Right of Sale
Named Exception: No
List Date: 2020-05-29
List Price: $990,000
Current Price: $825,000
Sub-Type: Vacant Land
Location, Tax & Legal
Sub Area: 0323 - Beach - South of Grand Lagoon
Lot: 1&2
Block: 16
Community/Resort: None
Waterfront: No
Section: 16
Township: 4S
Range: 15W
Elementary School: Patronis
Middle School: Surfside
High School: Arnold
Directions: From Hathaway Bridge, drive west on US 98. Turn left on Thomas Drive. Drive for 4.2 miles. Property is on right, northwest corner of Thomas Drive & Biltmore Drive.
HOA Fee: No
Street #: 5518
Street Name: Thomas
Street Suffix: Drive
State: FL
Zip Code: 32408
County: Bay
Area: 03 - Bay County - Beach
Subdivision: Gulf Lagoon Beach
Parcel ID: 32362-000-000; 31856-000-000; 31857-000-000
Legal Description: Parcel I:
Lots 1 and 2, Block ''K'', Biltmore Beach, as on file in Plat Book 8, Page 25, Public Records of Bay County, Florida.
Parcel II:
Lots 1 and 2, Block 16, Gulf Lagoon Beach, as on file in Plat Book 8, Page 24, Public Records of Bay County, Florida.
General Property Info
Site Dimensions: 100x210
Acreage: 0.5
Lot Size (SqFt): 21954
Is Subject Leased: No
Remarks & Misc
Remarks: PRIME LOCATION FOR INVESTORS/DEVELOPERS-PANAMA CITY BEACH IS ONE OF THE HOTTEST REAL ESTATE MARKETS IN THE USA WITH RECORD BREAKING TOURISM AND SUBSTANTIAL GROWTH. Don't miss out on this Prime Commercial Property located on the highly sought after Thomas Drive business corridor. Multiple parcels are being sold together to make one fantastic piece of property. A three story building would have breathtaking views of the Beautiful Gulf of Mexico! The C-1 zoning provides flexibility in its allowable uses, with easy access from three road fronts. Bring your offer today!
Status Change Info
Sold Price/Acre: 1650000
Status: Sold
Under Contract Date: 2022-07-21
Sold Date: 2022-10-04
Sold Price: $825,000
Financing
Cash: 1
Conventional: 1
Lot Features
Within 1/2 Mile to Water: 1
Lot/Parcel Access
Paved Road: 1
Present Zoning
Commercial: 1
Utilities
Public Sewer - Connected: 1
Water Connected: 1
Sale Type
Accept Backup Offers: 1
As Is: 1
TransportationAccess
4 - Lane: 1
Paved: 1
Property Features
TransportationAccess: 4 - Lane; Paved
Financing: Cash; Conventional
Lot Features: Within 1/2 Mile to Water
Sale Type: Accept Backup Offers; As Is
Utilities: Public Sewer - Connected; Water Connected
Present Zoning: Commercial
Listing Office: Corcoran Reverie
Last Updated: October - 08 - 2024
Information deemed reliable but not guaranteed.