318 Sundial Street, Panama City Beach, FL 32413

$850,000
Property Type: Commercial for Sale Square Footage: 4,000 Lot Size (sq. ft.): 14,810 Status: Sold
Current Price: $999,000 List Date: 4/11/2024 Last Modified: 6/27/2025

Description

REDUCED $100,000.00 Here is your opportunity for an investment that is a one block walk to the beach and allows short term rentals with no HOA. This is a triplex with 2 units upstairs and 1 unit downstairs. Upstairs is a 2 BR/2 bath on one side and a 2 BR/1 bath on the other side. Downstairs is 4 Bedrooms and 2 baths. Great location at quieter west end. Very very short walk to beach. Walk to Salty Sue’s to eat and Mike’s Diner. Short drive to Pier Park. Another option you could live in one unit and rent the other units out. Each unit upstairs has its own entrance and downstairs unit has 3 entrances. All measurements are approximate. Verify if important. I have a rental projection of 136,715 per year. Each unit has it’s own entrance..

More Information MLS# 754969

Contract Info

List Price/SqFt: 249.75 List Date: 2024-03-29 List Price: $999,000 Current Price: $850,000 Sub-Type: Multi-Family

Location

Sub Area: 0324 – Beach – West Central Lot: 17 Block: 90 Community/Resort: None Waterfront: No Elementary School: West Bay Middle School: Surfside High School: Arnold Section: 13/17W Directions: From Pier Park head west. Turn left onto Cobb Road by Salty Sue’s. First right on Suntime and left on Sundial. House is the first 2 story on the right. From Front Beach road turn on Sundial by Emerald Isle Condo’s and Mikes Diner. 2 story house is on your left. Township: 3S Area: 03 – Bay County – Beach Street #: 318 Street Name: Sundial Street Suffix: Street State: FL Zip Code: 32413 County: Bay Subdivision: Wells Gulf Beach Estates Parcel ID: 38391-000-000 Legal Description: WELLS GULF BEACH ESTATES BEG 50′ N OF SE COR LOT 17 TH W 150′ N 100′ E 150′ S 100′ TO POB PT OF LOT 17 BLK 9 ORB 4057 P 848 MAP-21A2 (17.3)

General Property Info

List Class: Residential Income Site Dimensions: 100 x 150 Acreage: 0.34 Immediate Occupancy: Yes Construction Status: Construction Complete # of Units: 3 SqFt Unit: 4000 SqFt HVAC: 4000 # of Stories in Building: 2 Frontage Ft: 100 SqFt Tot Bldg: 4000 Lot Depth: 150 Year Built: 1992

Listing Info, Tax and Legal

HOA Fee: No

Remarks & Misc

Remarks: REDUCED $100,000.00 Here is your opportunity for an investment that is a one block walk to the beach and allows short term rentals with no HOA. This is a triplex with 2 units upstairs and 1 unit downstairs. Upstairs is a 2 BR/2 bath on one side and a 2 BR/1 bath on the other side. Downstairs is 4 Bedrooms and 2 baths. Great location at quieter west end. Very very short walk to beach. Walk to Salty Sue’s to eat and Mike’s Diner. Short drive to Pier Park. Another option you could live in one unit and rent the other units out. Each unit upstairs has its own entrance and downstairs unit has 3 entrances. All measurements are approximate. Verify if important. I have a rental projection of 136,715 per year. Each unit has it’s own entrance..

Office/Member Info

Seller Concessioins: Yes

Status Change Info

Sold Price/SqFt: 212.5 Sold Price/Acre: 2500000 Status: Sold Under Contract Date: 2025-06-03 Sold Date: 2025-06-27 Sold Price: $850,000

Other

Year Built: 1992 Unit SqFt: 4000

Construction/Siding

Floor – Hardwood: 1 Floor – Tile: 1 Foundation – Slab on Grade: 1 Roof – Composite Shngl: 1 Siding – Hardie Board: 1

Energy

AC – 2 or More: 1 AC – Central Elect: 1 Ceiling Fans: 1 Double Pane Windows: 1 Heat – Central Electric: 1 Insulated Doors: 1 Water Heater – Gas: 1

Other Structures

Garage(s): 1

Financing

Cash: 1 Conventional: 1

Present Zoning

Resid Single Family: 1

Project Facilities

Pets Allowed: 1 TV Cable: 1

Utilities

All Utilities: 1 TV Cable: 1 Community Sewer: 1 Community Water: 1 Electricity – Connected: 1 Natural Gas – Connected: 1 Internet – Broadband Available: 1 Phone – Connected: 1 Public Sewer – Connected: 1 Water Connected: 1

Sale Type

As Is: 1

Floors in Unit/Home

Two: 1

Heating/Cooling

AC – Central: 1 AC – Entire: 1 Heat – Central Electric: 1

Income Producing

Year Built: 1992 Building SqFt: 4000

Offering Type

Sale Only: 1

Multi-Family

Year Built: 1992 Building SqFt: 4000 # of Units: 3

Site Description

Cleared: 1

Transport. Access

2-Lane: 1 4-Lane: 1 City Road: 1

Property Features

Energy: AC – 2 or More; AC – Central Elect; Ceiling Fans; Double Pane Windows; Heat – Central Electric; Insulated Doors; Water Heater – Gas Financing: Cash; Conventional Offering Type: Sale Only Other Structures: Garage(s) Present Zoning: Resid Single Family Project Facilities: Pets Allowed; TV Cable Sale Type: As Is Site Description: Cleared Utilities: All Utilities; Community Sewer; Community Water; Electricity – Connected; Natural Gas – Connected; Internet – Broadband Available; Phone – Connected; Public Sewer – Connected; Water Connected; TV Cable
Listing Office: Coastal Property Services, Inc
Last Updated: June – 27 – 2025
Information deemed reliable but not guaranteed.