14101 Panama City Beach Parkway, Panama City Beach, FL 32413
$6,400,000
Property Type:
Commercial for Sale
Square Footage:
33,823
Lot Size (sq. ft.):
109,336
Status:
Sold
Current Price:
$6,400,000
List Date:
10/15/2021
Last Modified:
10/04/2024
Overview
Description
Listing Details MLS# 717989
Contract Info
- List Price/SqFt
- 198.09
- Sub-Type
- Income Producing
Location
- Area
- 03 – Bay County – Beach
- Street #
- 14101
- Street Name
- Panama City Beach
- Street Suffix
- Parkway
- State
- FL
- Zip Code
- 32413
- County
- Bay
- Sub Area
- 0320 – Beach – Middle Central
- Subdivision
- [No Recorded Subdiv]
- Community/Resort
- None
- Waterfront
- No
- Parcel ID
- 33803-005-040
- Elementary School
- Hutchison Beach
- Middle School
- Surfside
- High School
- Arnold
- Directions
- From the Panama City Hathaway Bridge head west on 98 toward Panama City Beach. Once you get to the intersection of HWY 98 and Nautilus St. Go through the intersection and take immediate left into the parking lot. The Nautilus building is direction across the street from the Busy Bee.
- Legal Description
- 21 3S 16W -1.15- 37C COM AT SE COR TH W 2129.3' TO W R/W NAUTILUS ST TH NELY ALG R/W 1414.85' TH CONT NELY 111.12 TH NWLY 45.05' FOR POB TH CONT NWLY 374.11' TH NELY 310.27 TO S R/W NAUTILUS CT TH SELY 359.57' SWLY 310.55' TO POB ORB 2560 P 1998
General Property Info
- List Class
- Commercial
- Construction Status
- Construction Complete
- Acreage
- 2.51
- SqFt Tot Bldg
- 33823
- Year Built
- 2008
Status Change Info
- Under Contract Date
- 2022-03-03
- Sold Date
- 2022-05-31
- Sold Price/SqFt
- 189.22
- Sold Price/Acre
- 2549800.8
Income Producing
- Year Built
- 2008
- Cap Rate
- 8.01
Other
- Vacancy Rate
- 6.8
More Information
Listing Info, Tax and Legal
- HOA Fee
- No
Remarks & Misc
- Remarks
- **Class A Building**Great cash-flowing investment. Nautilus Pointe is a 5 Star, Class A Professional Office Building strategically placed at the intersection on Panama City Beach Pkwy (HWY 98) and Nautilus. This building is conveniently located near other businesses ,Panama City Beach government buildings and about a 20 minute drive to the Northwest Florida Beaches International Airport. This cash-flowing building has both long and short term tenants resulting in a 93% occupancy rate. The upscale building has unlimited potential, having the flexibility to be utilized for multiple purposes and attract other professional business to the area. Roof terrace, elevator, back up generator and plenty of parking are just a few of the features this building offers. Call to set up an appointment!
Construction/Siding
- Floor – Tile
- Yes
- Foundation – Slab on Grade
- Yes
- Steel/Frame
- Yes
- Roof – Flat
- Yes
- Roof – Rolled
- Yes
- Siding – Syn Stucco
- Yes
Energy
- AC – 2 or More
- Yes
- AC – Central Elect
- Yes
- Heat – Central Electric
- Yes
- Water Heater – Electric
- Yes
Other Structures
- Gazebo
- Yes
Financing
- Cash
- Yes
- Conventional
- Yes
- Exchange
- Yes
Present Zoning
- Commercial
- Yes
Association Amenities
- Community Room
- Yes
- Elevators
- Yes
Project Facilities
- Security-Lights
- Yes
Utilities
- All Utilities
- Yes
- Electric 220/240
- Yes
- Public Sewer – Connected
- Yes
- Water Connected
- Yes
Sale Type
- As Is
- Yes
Business/Property
- Anchor Tenant
- Yes
- Restrooms – Private
- Yes
- Restrooms – Public
- Yes
Floors in Unit/Home
- Three Or More
- Yes
Heating/Cooling
- AC – Central
- Yes
- Heat – Central Electric
- Yes
Offering Type
- Real Estate
- Yes
- Sale Only
- Yes
Pricing Type
- Sale Price
- Yes
Site Description
- Corner Location
- Yes
- Landscaped
- Yes
- Survey
- Yes
Transport. Access
- 4-Lane
- Yes
- Divided Highway
- Yes
- Near Airport
- Yes
Property Features
Energy:
AC – 2 or More; AC – Central Elect; Heat – Central Electric; Water Heater – Electric
Financing:
Cash; Conventional; Exchange
Offering Type:
Real Estate; Sale Only
Other Structures:
Gazebo
Pricing Type:
Sale Price
Present Zoning:
Commercial
Project Facilities:
Security-Lights
Sale Type:
As Is
Site Description:
Corner Location; Landscaped; Survey
Utilities:
All Utilities; Electric 220/240; Public Sewer – Connected; Water Connected
Listing Office:
Coldwell Banker Carroll Realty
Last Updated: October – 04 – 2024
Information deemed reliable but not guaranteed.