3407 W Highway 98, Panama City, FL 32401

$900,000
Property Type: Commercial for Sale Square Footage: 7,525 Lot Size (sq. ft.): 70,132 Status: Sold
Current Price: $995,500 List Date: 1/13/2024 Last Modified: 10/04/2024

Description

Amazing opportunity to own fully developed site on W Highway 98. The AADT (annual average daily traffic) is reported at 38,000 which is one of the highest in the county. Property has +/- 275 fronting feet on W Hwy 98 with 3 entrances and exits. Other features include new LED parking lights, freestanding sign pole ready new business sign, existing walk-in cooler and freezer. There is also .40 +/- acres of open green space located at the back of the parcel that has many different uses. This property has many difference investment opportunities! Please verify all measurements if important.

More Information MLS# 751294

Contract Info

List Price/SqFt: 132.29 List Date: 2024-01-13 List Price: $995,500 Current Price: $900,000 Sub-Type: Other

Location

Sub Area: 0203 – Bay – Central SW Community/Resort: None Waterfront: No Elementary School: Lucille Moore Middle School: Jinks High School: Bay Directions: x Area: 02 – Bay County – Central Street #: 3407 Street Direction: W Street Name: Highway 98 State: FL Zip Code: 32401 County: Bay Subdivision: [No Recorded Subdiv] Parcel ID: 29033-000-000 Legal Description: 36 3S 15W W1/2 OF SW1/4 LOTS 2 TO 5 INC & 14 TO 17 INC LESS DOT R/W BLK 11 ORB 4365 P 164

General Property Info

List Class: Commercial Acreage: 1.61 Construction Status: Construction Complete SqFt Tot Bldg: 7525 Year Built: 2006

Listing Info, Tax and Legal

HOA Fee: No

Remarks & Misc

Remarks: Amazing opportunity to own fully developed site on W Highway 98. The AADT (annual average daily traffic) is reported at 38,000 which is one of the highest in the county. Property has +/- 275 fronting feet on W Hwy 98 with 3 entrances and exits. Other features include new LED parking lights, freestanding sign pole ready new business sign, existing walk-in cooler and freezer. There is also .40 +/- acres of open green space located at the back of the parcel that has many different uses. This property has many difference investment opportunities! Please verify all measurements if important.

Status Change Info

Sold Price/SqFt: 119.6 Sold Price/Acre: 559006.21 Status: Sold Under Contract Date: 2024-01-13 Sold Date: 2024-01-13 Sold Price: $900,000

Floors in Unit/Home

One: 1
Listing Office: Seltzer Real Estate, LLC
Last Updated: October – 04 – 2024
Information deemed reliable but not guaranteed.