2900 Thomas Drive 2908, Panama City Beach, FL 32408
$2,800,000
Property Type:
Commercial for Sale
Square Footage:
15,204
Lot Size (sq. ft.):
63,162
Status:
Sold
Current Price:
$2,800,000
List Date:
12/21/2021
Last Modified:
10/04/2024
Overview
Description
Listing Details MLS# 720337
Contract Info
- List Price/SqFt
- 194.03
- Sub-Type
- Income Producing
Location
- Area
- 03 – Bay County – Beach
- Street #
- 2900
- Street Name
- Thomas
- Street Suffix
- Drive
- Unit #
- 2908
- State
- FL
- Zip Code
- 32408
- County
- Bay
- Sub Area
- 0319 – Beach – East
- Subdivision
- Port Lagoon
- Community/Resort
- None
- Waterfront
- Yes
- Parcel ID
- 31144-010-010
- Elementary School
- Patronis
- Middle School
- Surfside
- High School
- Arnold
- Directions
- Traveling south on Thomas Drive from Hwy 98, continue south until you pass Magnolia drive and the property is another 1/2 mile on the right. The property abutts the 3 corner of Thomas Drive Daniel St and North Lagoon Drive.
- Legal Description
- PORT LAGOON (1.04) 69C4 LOTS 1, 2, 12, 13 & PART OF LOTS 14 & 22 BLK 3 DESC AS: COM AT MOST SELY COR LOT 1 ALSO BEING INTERSECT OF NWLY R/W OF DANIEL ST & WLY R/W THOMAS DR FOR POB TH SWLY ALG DANIEL ST 191.22' TO INTER SECT WITH N R/W N LAGOON DR TH NWLY 205.36' NELY 141.28' TO NELY BNDRY LOT 14 SELY 5.17 NELY 205.88' SELY 179.26' TO POB ORB 1154 P 1777 ORB 4181 P 636
General Property Info
- List Class
- Commercial
- Construction Status
- Construction Complete
- SqFt Unit
- 15204
- # of Stories in Building
- Yes
- Acreage
- 1.45
- SqFt HVAC
- 15204
- SqFt Tot Bldg
- 15204
- Year Built
- 1999
- CAM Area Fee
- 3.5
- CAM Per
- Monthly
Status Change Info
- Under Contract Date
- 2022-01-10
- Sold Date
- 2022-05-17
- Sold Price/SqFt
- 184.16
- Sold Price/Acre
- 1931034.48
Listing Info, Tax and Legal
- HOA Fee
- No
Remarks & Misc
- Remarks
- Excellent Commercial investment opportunity. Fully leased Commercial building with 5 total tenants. The leases are under the early stage of 5 year leases. The only unit not currently under a long term lease has been there for over 10 years and are not planning on leaving antime soon. PRIME PRIME location in a very busy section of Thomas Drives busiest stretch of restaurants,shops and high end residential neighbourhoods. The strategic location sides on two main corridors as well as a third street. This intersection is the first and only thoroughfare to take you from the most Eastern boundary of Thomas Dr all the way west to the most Western boundary of the Thomas Drive in one straight access. Very busy corner with strong daily traffic counts. Excellent tax exchange opportunity.
More Information
Construction/Siding
- Floor – Tile
- Yes
- Foundation – Slab on Grade
- Yes
- Roof – Flat
- Yes
Financing
- Cash
- Yes
- Conventional
- Yes
Present Zoning
- Commercial
- Yes
Association Amenities
- Dumpster
- Yes
Utilities
- All Utilities
- Yes
- Public Sewer – Connected
- Yes
- Water Connected
- Yes
Waterfront Type
- See Remarks
- Yes
Floors in Unit/Home
- One
- Yes
Offering Type
- Sale with Lease
- Yes
Pricing Type
- Sale Price
- Yes
Transport. Access
- 2-Lane
- Yes
- 4-Lane
- Yes
- County Road
- Yes
Property Features
Financing:
Cash; Conventional
Offering Type:
Sale with Lease
Pricing Type:
Sale Price
Present Zoning:
Commercial
Utilities:
All Utilities; Public Sewer – Connected; Water Connected
Waterfront Type:
See Remarks
Listing Office:
Counts Real Estate Group Inc
Last Updated: October – 04 – 2024
Information deemed reliable but not guaranteed.