309 N Richard Jackson Boulevard, Panama City Beach, FL 32407
$2,284,633
Property Type:
Commercial for Sale
Square Footage:
14,624
Lot Size (sq. ft.):
57,499
Status:
Sold
Current Price:
$2,284,633
List Date:
6/29/2021
Last Modified:
10/04/2024
Overview
Description
Listing Details MLS# 713490
Contract Info
- List Price/SqFt
- 160.69
- Sub-Type
- Income Producing
Location
- Area
- 03 – Bay County – Beach
- Street #
- 309
- Street Direction
- N
- Street Name
- Richard Jackson
- Street Suffix
- Boulevard
- State
- FL
- Zip Code
- 32407
- County
- Bay
- Sub Area
- 0320 – Beach – Middle Central
- Subdivision
- [No Recorded Subdiv]
- Community/Resort
- None
- Waterfront
- No
- Parcel ID
- 34776-030-000
- Section
- 35
- Township
- 3S
- Range
- 16W
- Elementary School
- Hutchison Beach
- Middle School
- Surfside
- High School
- Arnold
- Directions
- Follow US-98 W Panama City Beach Parkway) to Richard Jackson Blvd in Panama City Beach. Turn south on to Richard Jackson Blvd and travel approximately .8 miles. Chamber Center will be on the east side of Richard Jackson Blvd just south of Panhandle Federal Credit Union.
- Legal Description
- 35 3S 16W -5.3- 47C1 COM AT NE COR OF SEC W 657.92 S 172.12' FOR POB TH CONT S 127.88' W 456.70' TO SELY R/W BECKRICH RD NELY 141.29' E 391.26' TO POB ORB 2086 P 2094 ORB 2492 P 408 ORB 2721 P 902
General Property Info
- List Class
- Commercial
- Immediate Occupancy
- No
- Construction Status
- Construction Complete
- # of Units
- Yes
- SqFt Unit
- 15344
- # of Stories in Building
- 2
- Floor Number
- 2
- Acreage
- 1.32
- Frontage Ft
- 141.29
- Lot SqFt
- 53615
- SqFt HVAC
- 14624
- SqFt – Office
- 14624
- SqFt Tot Bldg
- 14624
- Year Built
- 2007
- Ceiling Height
- 10
Status Change Info
- Under Contract Date
- 2021-07-03
- Sold Date
- 2021-10-28
- Sold Price/SqFt
- 156.22
- Sold Price/Acre
- 1730782.58
Income Producing
- Year Built
- 2007
- Building SqFt
- 14624
- Net Operating Income
- 192121
- Cap Rate
- 8.1
Office
- Net Operating Income
- 192121
- Cap Rate
- 8.1
- Vacancy Rate
- 0
More Information
Listing Info, Tax and Legal
- HOA Fee
- No
Remarks & Misc
- Remarks
- 100% Occupied Class A Office Building for sale in Panama City Beach. Tremendous Investment Opportunity with a small trophy building! Highlights: 8% CAP Rate, strategically located in the heart of Panama City Beach, quality construction including; concrete walls, impact resistant commercial grade windows and doors, membrane roof, elevator and stairwell access. Tenants include: Panama City Beach, Chamber Of Commerce, Cosmetic & Family Dentistry, Truland Homes, Casanoah Furniture & Art, and executive office suites. Detailed financial and tenant information available with signed confidentiality agreement.
Construction/Siding
- Concrete
- Yes
- Floor – Concrete
- Yes
- Floor – Tile
- Yes
- Floor – W/W Carpet
- Yes
- Foundation – Slab on Grade
- Yes
- Roof – Membrane
- Yes
- Siding – Stucco
- Yes
Energy
- AC – Central Elect
- Yes
Financing
- Cash
- Yes
- Conventional
- Yes
Present Zoning
- City
- Yes
- Commercial
- Yes
- General Commercial
- Yes
Association Amenities
- Elevators
- Yes
Utilities
- All Utilities
- Yes
Accessibility Features
- Accessible Common Area
- Yes
- Accessible Doors
- Yes
- Accessible Elevator Installed
- Yes
- Accessible Entrance
- Yes
- Accessible Hallway(s)
- Yes
- Common Area
- Yes
- Reinforced Floors
- Yes
Sale Type
- As Is
- Yes
Business/Property
- Freestanding Building
- Yes
- Handicapped Facilities
- Yes
Floors in Unit/Home
- Two
- Yes
Heating/Cooling
- AC – Central
- Yes
- AC – Entire
- Yes
- Heat – HVAC
- Yes
Offering Type
- Real Estate
- Yes
- Sale with Lease
- Yes
Pricing Type
- Sale Price
- Yes
Site Description
- Landscaped
- Yes
- Level
- Yes
- Site – Plan
- Yes
Transport. Access
- 4-Lane
- Yes
- Median Cut
- Yes
Property Features
Accessibility Features:
Accessible Common Area; Accessible Doors; Accessible Elevator Installed; Accessible Entrance; Accessible Hallway(s); Common Area; Reinforced Floors
Energy:
AC – Central Elect
Financing:
Cash; Conventional
Offering Type:
Real Estate; Sale with Lease
Pricing Type:
Sale Price
Present Zoning:
Commercial; General Commercial
Sale Type:
As Is
Site Description:
Landscaped; Level; Site – Plan
Utilities:
All Utilities
Listing Office:
Counts Real Estate Group Inc
Last Updated: October – 04 – 2024
Information deemed reliable but not guaranteed.