$950,000
Panama City Beach, FL 32407
MLS# 672119
Status: Sold
19532 sqft
1 / 6
Property Description
Prime commercial location on Front Beach Road. 20,000 SF two story Retail/Warehouse building with nearly 10,000 sq ft H/C on each floor. Upstairs is accessible from loading dock to ground floor or interior staircase. Abundant parking including back acre that is cleared, graveled and fenced. There is a long term cell phone tower lease in place generating $21,000 annually income and and lower floor is currently lease on a short term basis for $6,000 per month (below market).
Details
Maps
Contract Info
List Date: 2018-05-23
List Price: $950,000
List Price/SqFt: 48.64
Current Price: $950,000
Sub-Type: Income Producing
Location
Area: 03 - Bay County - Beach
Street #: 8010
Street Name: FRONT BEACH
Street Suffix: Road
State: FL
Zip Code: 32407
County: Bay
Sub Area: 0320 - Beach - Middle Central
Subdivision: No Named Subdivision
Community/Resort: None
Waterfront: No
Parcel ID: 27820-010-000
Elementary School: Breakfast Point
Middle School: Breakfast Point
High School: Arnold
Directions: FROM HATHAWAY BRIDGE: Go west on US 98 approximately 1.2 miles and follow signs to Front Beach Road. Continue on Front Beach Road approximately 0.7 miles; 8010 Front Beach Road will be on your right.
Legal Description: GULF COAST HWY SUB (11.3) 57D LOTS 3 & 4 & ELY 2' OF LOT 2 & SELY 101.75' OF SLY 50' LOT 11 ORB 3424 P 1256 BLK A
General Property Info
List Class: Commercial
Construction Status: Construction Complete
SqFt Tot Bldg: 19532
Year Built: 1991
Status Change Info
Status: Sold
Under Contract Date: 2018-12-17
Sold Date: 2019-02-28
Sold Price: $950,000
Sold Price/SqFt: 48.64
Business Only
Year Built: 1991
Building SqFt: 19532
Property Features
Energy: AC - 2 or More
Financing: Cash; Conventional
Sale Type: As Is
Listing Office: ERA Neubauer Real Estate Inc
Last Updated: October - 04 - 2024
Information deemed reliable but not guaranteed.