10510 FRONT BEACH Road, Panama City Beach, FL 32407 (MLS# 635143)

10510 FRONT BEACH Road, Panama City Beach, FL 32407

$1,700,000

Property Type: Commercial Land Lot Size (sq. ft.): 278,784 Status: Sold

Current Price: $1,700,000 List Date: 2/01/2016 Last Modified: 10/08/2024

Overview

Description

BANK OWNED * previously SOLD FOR $3 MILLION. Approx 6.4 acres of Prime Land right in the middle of the Beach just behind Walmart with a small lake. Approx 4.8 acres of uplands. Zoned commercial and would also make a great residential development or hotel.The building on Front Beach has no value but could be renovated for a Sales Center and then a commercial rental. There is a lake in back also. Located directly across from Long Beach Condos behind Walmart and next to Pompanos.

Listing Details MLS# 635143

Location, Tax & Legal

Street #: 10510
Street Name: FRONT BEACH
Street Suffix: Road
State: FL
Zip Code: 32407
County: Bay
Area: 03 – Bay County – Beach
Subdivision: [No Recorded Subdiv]
Parcel ID: 34881-107-000
Legal Description: 36-3S-16W -68.27- 47D3 COM SW COR OF NW1/4 OF SE1/4 TH E 86.58' SELY 926.11' SWLY 41.49' WLY 500.99' S 12' WLY 1044.91' N 17.02' WLY 330.09' NELY 240.23' FOR POB TH W 50' SLY 80.43' WLY 737.28' NELY 85.58' NWLY 126.39' ELY ALG A CURVE 239.81' NLY 133.92' NELY 232.01' ELY 370.13' SELY 659. 82' WLY 330' TO POB AKA PRCLS 32 & 40 -AND- W1/2 OF DAVIS DR DESCR AS: COM NW COR LOT 1 FOURTH ADD TO LONG BEA
Sub Area: 0320 – Beach – Middle Central
Lot: see legal
Business Name: none
Community/Resort: None
Waterfront: Yes
Elementary School: Hutchison Beach
Middle School: Surfside
High School: Arnold
Directions: Take Front Beach from Hathaway Bridge past Pompanos and Walmart and property is on the right next to Coyote Ugly pub.
HOA Fee: No

Contract Info

List Price/Acre: 304687.5
Sub-Type: Vacant Land

General Property Info

Acreage: 6.4
Frontage Feet: 55
Is Subject Leased: No

Status Change Info

Under Contract Date: 2016-10-01
Sold Date: 2016-11-15
Sold Price/Acre: 265625

Remarks & Misc

Remarks: BANK OWNED * previously SOLD FOR $3 MILLION. Approx 6.4 acres of Prime Land right in the middle of the Beach just behind Walmart with a small lake. Approx 4.8 acres of uplands. Zoned commercial and would also make a great residential development or hotel.The building on Front Beach has no value but could be renovated for a Sales Center and then a commercial rental. There is a lake in back also. Located directly across from Long Beach Condos behind Walmart and next to Pompanos.

Financing

Cash: Yes
Conventional: Yes

More Information

Lot Features

Addl Land Available: Yes

Waterfront Feature

Other – See Remarks: Yes

Lot/Parcel Access

City Road: Yes
Private Road: Yes

Present Zoning

Commercial: Yes

Utilities

All Utilities: Yes

Waterview

Lake: Yes

Sale Type

REO/Foreclosed: Yes

Waterfront Type

Lakefront: Yes

TransportationAccess

2 – Lane: Yes
City Road: Yes

Property Features

TransportationAccess: 2 – Lane; City Road Financing: Cash; Conventional Lot Features: Addl Land Available Sale Type: REO/Foreclosed Utilities: All Utilities Waterfront Type: Lakefront Waterfront Feature: Other – See Remarks Present Zoning: Commercial Waterview: Lake

Listing Office: CitiStar Realty

Last Updated: October – 08 – 2024

Information deemed reliable but not guaranteed.