$1,000,000
Panama City Beach, FL 32408
MLS# 708240
Status: Sold
6020 sqft
1 / 6
Property Description
THIS PROPERTY CONSISTS OF A 6,000 SF BUILDING LOCATED ON 7 LOTS ON THOMAS DRIVE. IT HAS 100 FEET OF THOMAS DRIVE ROAD FRONTAGE EXTENDING 235 FEET TO BEACH DRIVE WITH 250 FEET FRONTING BEACH DRIVE. IT IS LOCATED APPROXIMATELY 800 FEET FROM THE GULF OF MEXICO IN THE DIRECT VICINITY OF NUMEROUS HIGH RISE CONDOS AND BEACH HOUSES. THE BUILDING IS CURRENTLY SET UP AS A BAR/RESTAURANT. CURRENTLY LEASED MONTH TO MONTH. SELLER FINANCING OFFERED WITH 20% DOWN, 6% INTEREST, PAYMENTS BASED ON 30 YEAR TERM WITH A 10 YEAR CALL. GREAT OPPORTUNITY FOR BUSINESS OR LAND DEVELOPMENT ON THOMAS DRIVE.
Details
Maps
Contract Info
List Price/SqFt: 182.72
List Date: 2021-02-24
List Price: $1,100,000
Current Price: $1,000,000
Sub-Type: Other
Location
Sub Area: 0323 - Beach - South of Grand Lagoon
Community/Resort: Holiday Beach
Waterfront: No
Elementary School: Patronis
Middle School: Surfside
High School: Arnold
Directions: LOCATED CLOSE TO THE INTERSECTION OF UPAS STREET AND THOMAS DRIVE. ACROSS THOMAS DRIVE FROM PELICAN WALK CONDO.
Area: 03 - Bay County - Beach
Street #: 6908
Street Name: Thomas
Street Suffix: Drive
State: FL
Zip Code: 32408
County: Bay
Subdivision: Holiday Beach Unit 10
Parcel ID: 30766-010-000
Legal Description: HOLIDAY BEACH UNIT #10 LOTS 4, 5, 20, 21, 22, 23. and 24 BLK R ORB P 2066
General Property Info
List Class: Bar/Restaurant
Site Dimensions: 100' x 235' + 150' X 100'
Acreage: 0.9
Construction Status: Construction Complete
Frontage Ft: 250
SqFt Tot Bldg: 6020
Lot Depth: 235
Year Built: 1979
Listing Info, Tax and Legal
HOA Fee: No
Remarks & Misc
Remarks: THIS PROPERTY CONSISTS OF A 6,000 SF BUILDING LOCATED ON 7 LOTS ON THOMAS DRIVE. IT HAS 100 FEET OF THOMAS DRIVE ROAD FRONTAGE EXTENDING 235 FEET TO BEACH DRIVE WITH 250 FEET FRONTING BEACH DRIVE. IT IS LOCATED APPROXIMATELY 800 FEET FROM THE GULF OF MEXICO IN THE DIRECT VICINITY OF NUMEROUS HIGH RISE CONDOS AND BEACH HOUSES. THE BUILDING IS CURRENTLY SET UP AS A BAR/RESTAURANT. CURRENTLY LEASED MONTH TO MONTH. SELLER FINANCING OFFERED WITH 20% DOWN, 6% INTEREST, PAYMENTS BASED ON 30 YEAR TERM WITH A 10 YEAR CALL. GREAT OPPORTUNITY FOR BUSINESS OR LAND DEVELOPMENT ON THOMAS DRIVE.
Status Change Info
Sold Price/SqFt: 166.11
Sold Price/Acre: 1111111.11
Status: Sold
Under Contract Date: 2021-09-11
Sold Date: 2021-11-09
Sold Price: $1,000,000
Construction/Siding
Block: 1
Floor - Concrete: 1
Roof - Composite Shngl: 1
Trim - Wood: 1
Financing
Cash: 1
Conventional: 1
Seller Financing: 1
Present Zoning
Commercial: 1
Sale Type
As Is: 1
Floors in Unit/Home
Two: 1
Pricing Type
Sale Price: 1
Site Description
Cleared: 1
Level: 1
Transport. Access
4-Lane: 1
City Road: 1
Divided Highway: 1
Property Features
Financing: Cash; Conventional; Seller Financing
Pricing Type: Sale Price
Present Zoning: Commercial
Sale Type: As Is
Site Description: Cleared; Level
Listing Office: Varnes Realty
Last Updated: October - 04 - 2024
Information deemed reliable but not guaranteed.