$1,000,000
Panama City Beach, FL 32407
MLS# 644585
Status: Sold
10080 sqft

1 / 4
Property Description
10,000 Sq. Ft. Metal Building for sale on high traffic count Panama City Beach Pkwy or US Hwy 98. 100% occupied with three tenants and a Net Operating Income of $121,338.
Details
Maps
Contract Info
List Price/SqFt: 114.09
List Date: 2016-04-04
List Price: $1,150,000
Current Price: $1,000,000
Sub-Type: Industrial
Location
Sub Area: 0321 - Beach - North Central
Community/Resort: None
Elementary School: Breakfast Point
Middle School: Breakfast Point
High School: Arnold
Directions: From the intersection of Hwy 98 or Panama City Beach Pkwy and Thomas Drive go West on Panama City Beach Pkwy +/- 1.8 miles to subject property on the right or North side of Panama City Beach Pkwy.
Area: 03 - Bay County - Beach
Street #: 9210
Street Name: PANAMA CITY BEACH
Street Suffix: Parkway
State: FL
Zip Code: 32407
County: Bay
Subdivision: No Named Subdivision
Parcel ID: 27626-040-000
Legal Description: GATEWAY LOTS 19, 20, 21 & THE W 59.56' OF LOT 22 ORB 2990 P 1191
General Property Info
List Class: Commercial
Site Dimensions: 140x212x130x250
Acreage: 0.7
Construction Status: Construction Complete
SqFt HVAC: 8400
SqFt - Office: 5500
SqFt - Warehouse: 4500
Frontage Ft: 140
SqFt Tot Bldg: 10080
Lot Depth: 250
Ceiling Height: 14
Year Built: 1996
Listing Info, Tax and Legal
HOA Fee: No
Remarks & Misc
Remarks: 10,000 Sq. Ft. Metal Building for sale on high traffic count Panama City Beach Pkwy or US Hwy 98. 100% occupied with three tenants and a Net Operating Income of $121,338.
Status Change Info
Sold Price/SqFt: 99.21
Sold Price/Acre: 1428571.43
Status: Sold
Under Contract Date: 2017-01-21
Sold Date: 2017-04-24
Sold Price: $1,000,000
Construction/Siding
Floor - Concrete: 1
Floor - W/W Carpet: 1
Roof - Metal: 1
Siding - Metal: 1
Energy
AC - 2 or More: 1
Financing
Cash: 1
Conventional: 1
Present Zoning
Commercial: 1
Utilities
Electricity - Availabile: 1
Water Connected: 1
Septic Tank: 1
Floors in Unit/Home
One: 1
Income Producing
Building SqFt: 10000
Annual Gross Income: 141235
Expenses: 16800
Net Operating Income: 121838
Property Type: Industrial
Pricing Type
Sale Price: 1
Transport. Access
4-Lane: 1
Divided Highway: 1
Property Features
Energy: AC - 2 or More
Financing: Cash; Conventional
Pricing Type: Sale Price
Present Zoning: Commercial
Utilities: Electricity - Availabile; Water Connected; Septic Tank
Listing Office: NAI TALCOR
Last Updated: October - 04 - 2024
Information deemed reliable but not guaranteed.
