13800 Panama City Beach Parkway, Panama City Beach, FL 32407

$3,400,000
Property Type: Commercial for Sale Square Footage: 24,476 Lot Size (sq. ft.): 291,852 Status: Sold
Current Price: $3,400,000 List Date: 7/09/2012 Last Modified: 10/03/2024

Overview

Description

Nautilus Station Shopping Center comprises a 24,476 square foot strip center with decorative block construction and glass storefronts, a ground lease with Carrabba’s Italian Grill with 29 years remaining on the term, and two pad-ready sites to accomodate up to 3,100 sq. ft. & 10,300 sq. ft. buildings. detailed financials and rent roll available upon request and receipt of a confidentiality agreement.

Listing Details MLS# 600320

Contract Info

List Price/SqFt
173.23
Sub-Type
Other

Location

Area
03 – Bay County – Beach
Street #
13800
Street Name
Panama City Beach
Street Suffix
Parkway
State
FL
Zip Code
32407
County
Bay
Sub Area
0321 – Beach – North Central
Business Name
NAUTILUS STATION SHO
Subdivision
No Named Subdivision
Community/Resort
None
Parcel ID
33803-005-020
Section
21
Township
3S
Range
16W
Directions
Nautilus Station is located on Panama City Beach Parkway at the signalized intersection of Panama City Beach Parkway and Nautilus Street. There is an additional median-cut and deceleration lane at Argonaut Street at the main entrance to Nautilus. Centrally located in Panama City Beach approximately 1-mile east of Pier Park.
Legal Description
21 3S 16W -1.12- 37C COM AT THE NW COR OF THE SW1/4 OF THESW1/4 TH S 331.68' TO THE NELYR/W OF PCB PKY TH NWLY 640.58'TO POB TH NELY 275' N 35.36' NWLY 375' NWLY 108.21' NELY 125' NWLY 272' SWLY 500' TO NELY PCB PKY TH SELY 750' TO POB ORB 3382 P 2128 The legal description shown here may be condensed for assessment purposes. Exact description may be obtained from the recorded deed.

General Property Info

List Class
Commercial
Construction Status
Construction Complete
Acreage
6.7
SqFt HVAC
24476
SqFt Tot Bldg
24476
Year Built
2006

Status Change Info

Under Contract Date
2012-07-16
Sold Date
2012-08-31
Sold Price/SqFt
138.91
Sold Price/Acre
507462.69

Listing Info, Tax and Legal

HOA Fee
No

Remarks & Misc

Remarks
Nautilus Station Shopping Center comprises a 24,476 square foot strip center with decorative block construction and glass storefronts, a ground lease with Carrabba's Italian Grill with 29 years remaining on the term, and two pad-ready sites to accomodate up to 3,100 sq. ft. & 10,300 sq. ft. buildings. detailed financials and rent roll available upon request and receipt of a confidentiality agreement.

More Information

Construction/Siding

Roof – Sloping
Yes

Energy

AC – 2 or More
Yes
AC – High Efficiency
Yes
Double Pane Windows
Yes

Financing

Cash
Yes
Conventional
Yes

Present Zoning

City
Yes
General Commercial
Yes

Utilities

Electric 220/240
Yes
Electricity – Availabile
Yes
Fuel – Natural Gas
Yes
Public Sewer – Connected
Yes
Water Connected
Yes

Sale Type

As Is
Yes
REO
Yes

Business/Property

Display Windows
Yes
Handicapped Access
Yes
Handicapped Facilities
Yes
Sign
Yes

Heating/Cooling

AC – Entire
Yes

Offering Type

Ground Lease
Yes
Real Estate
Yes
Sale Only
Yes
Other – See Remarks
Yes

Pricing Type

Sale Price
Yes

Site Description

Aerials Available
Yes
Corner Location
Yes
Landscaped
Yes
Site – Plan
Yes

Transport. Access

2-Lane
Yes
Center Turn Lane
Yes
Divided Highway
Yes
Median Cut
Yes
Paved
Yes

Property Features

Energy: AC – 2 or More; AC – High Efficiency; Double Pane Windows Financing: Cash; Conventional Offering Type: Ground Lease; Real Estate; Sale Only; Other – See Remarks Pricing Type: Sale Price Present Zoning: General Commercial Sale Type: As Is; REO Site Description: Aerials Available; Corner Location; Landscaped; Site – Plan Utilities: Electric 220/240; Electricity – Availabile; Fuel – Natural Gas; Public Sewer – Connected; Water Connected
Listing Office: Counts Real Estate Group Inc
Last Updated: October – 03 – 2024
Information deemed reliable but not guaranteed.