10996 Front Beach Road, Panama City Beach, FL 32407
$1,500,000
Property Type:
Commercial for Sale
Square Footage:
10,630
Lot Size (sq. ft.):
11,326
Status:
Sold
Current Price:
$1,500,000
List Date:
2/18/2022
Last Modified:
10/04/2024
Overview
Description
Listing Details MLS# 722541
Contract Info
- List Price/SqFt
- 141.02
- Sub-Type
- Hotel/Motel
Location
- Area
- 03 – Bay County – Beach
- Street #
- 10996
- Street Name
- Front Beach
- Street Suffix
- Road
- State
- FL
- Zip Code
- 32407
- County
- Bay
- Sub Area
- 0320 – Beach – Middle Central
- Subdivision
- Long Beach
- Community/Resort
- Long Beach
- Waterfront
- No
- Parcel ID
- 34949-000-000
- Elementary School
- Hutchison Beach
- Middle School
- Surfside
- High School
- Arnold
- Directions
- From Richard Jackson Blvd and Front beach rd go East .3 miles on left ( next to gulf highlands and Majestic
- Legal Description
- LONG BEACH 3RD ADD LOT 7 BLK 10 ORB 1462 P 906
General Property Info
- List Class
- Motel/Hotel
- Construction Status
- Construction Complete
- # of Units
- 14
- # of Stories in Building
- 2
- Site Dimensions
- 50 x 230
- Acreage
- 0.26
- SqFt Tot Bldg
- 10630
- Year Built
- 1955
Status Change Info
- Under Contract Date
- 2022-02-21
- Sold Date
- 2022-03-03
- Sold Price/SqFt
- 141.11
- Sold Price/Acre
- 5769230.77
Income Producing
- Year Built
- 1955
Listing Info, Tax and Legal
- HOA Fee
- No
More Information
Remarks & Misc
- Remarks
- Currently under contract. Taking back up offers . Fabulous opportunity to renovate a vintage, mom-and-pop Beach Motel on Front Beach Road directly across the street from the beach. This property has a potential of 14 rentals, just waiting on your creative touch. Nice large 50×230 lot. Terrific Beach access! The East End of Panama City Beach hosts fantastic restaurants, shopping, and fun. Amazing opportunity and all across the street from the beach!
Construction/Siding
- Block
- Yes
- Floor – Concrete
- Yes
- Floor – Terazzo
- Yes
Energy
- AC – Window/Wall
- Yes
- Water Heater – Electric
- Yes
Financing
- Cash
- Yes
Present Zoning
- Commercial
- Yes
Utilities
- TV Cable
- Yes
- Electricity – Connected
- Yes
- Public Sewer – Connected
- Yes
Waterview
- Gulf
- Yes
Business/Property
- Laundry Facilities
- Yes
- Office Area
- Yes
Floors in Unit/Home
- Two
- Yes
Heating/Cooling
- AC – Window Unit(s)
- Yes
Hotel/Motel
- Year Built
- 1955
- Building SqFt
- 9250
Property Features
Energy:
AC – Window/Wall; Water Heater – Electric
Financing:
Cash
Present Zoning:
Commercial
Utilities:
Electricity – Connected; Public Sewer – Connected; TV Cable
Waterview:
Gulf
Listing Office:
Beachy Beach Real Estate
Last Updated: October – 04 – 2024
Information deemed reliable but not guaranteed.