15727 FRONT BEACH 31 Road 31, Panama City Beach, FL 32413 (MLS# 634728)

15727 FRONT BEACH 31 Road 31, Panama City Beach, FL 32413

$7,000,000

View from South. Aqua on right side. best location on the beach for a new condo or hotel

Directly fronts Powell Adam and front Beach,

picture was taken during demolition of prior condo project

Property Type: Commercial Land Lot Size (sq. ft.): 56,628 Status: Sold

Current Price: $7,000,000 List Date: 9/27/2017 Last Modified: 10/08/2024

Overview

Description

Best location for gulf front project on Panama City Beach. Zoned for high rise, either hotel or condo. This is the old Paradise Inn condo project, all leases have been purchased and the old project has been torn down. Phase 1 & 2 environmental has been done as well. The property is zoned commercial FBO-4 which is the highest density allowed on Panama City Beach. located just west of Aqua, the highest priced condo project on PCB and across the street from Miracle Strip and Pier Park and just a short walk to Gulf World. This is truly location, location, location.

Listing Details MLS# 634728

Location, Tax & Legal

Street #: 15727
Street Name: FRONT BEACH 31
Street Suffix: Road
State: FL
Zip Code: 32413
County: Bay
Area: 03 – Bay County – Beach
Subdivision: [No Recorded Subdiv]
Parcel ID: 33802-431-000
Legal Description: INN PARADISE 20 3 s 16W -459- MAP 29D3 THRU 33902-442 SEC 20-3S-16W COM AT THE NE COR OF SEC TH W 3090' S 2688' TO THE SOUTH R/W LINE OF FRONT BEACH RD. TH SELY ALONG R/W 269.90' SWLY 171.86' M/L TO WATERS EDGE TH NWLY 205' M/L TH N 195.72' M/L TO POB ORB 1777 P 1398 ORB 2598 P 6850RB 3672 P 1690 ORB 3672 P 1901
Unit #: 31
Sub Area: 0318 – Beach – Central South
Business Name: scenic hwy partners, llc
Community/Resort: None
Waterfront: Yes
Elementary School: Hutchison Beach
Middle School: Surfside
High School: Arnold
Directions: DRIVING WEST ON 98 FROM PIER PARK, TURN ON POWELL ADAM ROAD, THEN DRIVE TO FRONT BEACH. PROPERTY FRONTS FRONT BEACH AND POWELL ADAM INTERSECTION
HOA Fee: No

Contract Info

List Price/Acre: 6076923.08
Sub-Type: Unimproved Commercial

General Property Info

Acreage: 1.3
Lot Size (SqFt): 56628
Frontage Feet: 279
Is Subject Leased: No

Status Change Info

Under Contract Date: 2019-07-03
Sold Date: 2019-12-20
Sold Price/Acre: 5384615.38

Waterfront Feature

Waterfront Feet: 279'

Remarks & Misc

Remarks: Best location for gulf front project on Panama City Beach. Zoned for high rise, either hotel or condo. This is the old Paradise Inn condo project, all leases have been purchased and the old project has been torn down. Phase 1 & 2 environmental has been done as well. The property is zoned commercial FBO-4 which is the highest density allowed on Panama City Beach. located just west of Aqua, the highest priced condo project on PCB and across the street from Miracle Strip and Pier Park and just a short walk to Gulf World. This is truly location, location, location.

More Information

Financing

Cash: Yes

Lot Features

Subject to Comprehensive Plan: Yes
Survey Available: Yes
Waterfront: Yes

Lot/Parcel Access

City Road: Yes
Paved Road: Yes
State Highway: Yes

Present Zoning

Commercial: Yes
Resort: Yes

Association Amenities

Beach: Yes
Boardwalk: Yes
Waterfront: Yes

Utilities

All Utilities: Yes
Electricity – Availabile: Yes
Electric-3-Phase: Yes
Public Sewer – Connected: Yes
Water Connected: Yes

Waterview

Gulf: Yes

Sale Type

Accept Backup Offers: Yes
As Is: Yes

Waterfront Type

Gulf: Yes

TransportationAccess

2 – Lane: Yes

Property Features

TransportationAccess: 2 – Lane Financing: Cash Lot Features: Subject to Comprehensive Plan; Survey Available; Waterfront Sale Type: Accept Backup Offers; As Is Utilities: All Utilities; Electricity – Availabile; Electric-3-Phase; Public Sewer – Connected; Water Connected Waterfront Type: Gulf Present Zoning: Commercial; Resort Waterview: Gulf

Listing Office: Beach Time Realty, Inc

Last Updated: October – 08 – 2024

Information deemed reliable but not guaranteed.