429 S TYNDALL Parkway, Panama City, FL 32404 (MLS# 664485)

429 S TYNDALL Parkway, Panama City, FL 32404

$700,000

Property Type: Commercial for Sale Square Footage: 24,500 Status: Sold

Current Price: $700,000 List Date: 10/25/2017 Last Modified: 10/04/2024

Overview

Description

Super Value & Income Opportunity! Present owner is ready for the next chapter of their life. This 24,500± SF building has 21,137± SF Heat & Cool with 11,985± SF downstairs Ofc. Space (H&C), 9,152± SF Upstairs Ofc. Space(H&C). 220± Ft. Wide on Tyndall Parkway by 246± Ft. Deep (54,120± SF – 1.24± AC; subject to 40± Ft. common access drive for Bay Land Plaza East, KFC and Panama City Korean Church. 65 Parking Spaces. Traffic Count of 24,500 (FDOT 2016). With an Active Lease effort of vacant units and increases in rents, a NEW OWNER can enjoy the INCOME! There is some deferred maintenance needed.

Listing Details MLS# 664485

Contract Info

List Price/SqFt: 32.45
Sub-Type: Income Producing

Location

Area: 02 – Bay County – Central
Street #: 429
Street Direction: S
Street Name: TYNDALL
Street Suffix: Parkway
State: FL
Zip Code: 32404
County: Bay
Sub Area: 0202 – Bay – Central SE
Subdivision: [No Recorded Subdiv]
Community/Resort: None
Waterfront: No
Parcel ID: 07037-055-000
Elementary School: Parker
Middle School: Everitt
High School: Rutherford
Directions: From the Intersection of South Tyndall Parkway and Cherry Street travel South, quarter-mile ± ; Building on left (Eastside) South and adjacent to KFC
Legal Description: Bay County Real Estate Parcel Number 07037-055-000; Long Legal – 220± Ft. Wide by 242± Ft. Deep

General Property Info

List Class: Commercial
Construction Status: Construction Complete
SqFt Tot Bldg: 24500
Year Built: 1985

Status Change Info

Under Contract Date: 2017-11-28
Sold Date: 2017-12-28
Sold Price/SqFt: 28.57

Listing Info, Tax and Legal

HOA Fee: No

Remarks & Misc

Remarks: Super Value & Income Opportunity! Present owner is ready for the next chapter of their life. This 24,500± SF building has 21,137± SF Heat & Cool with 11,985± SF downstairs Ofc. Space (H&C), 9,152± SF Upstairs Ofc. Space(H&C). 220± Ft. Wide on Tyndall Parkway by 246± Ft. Deep (54,120± SF – 1.24± AC; subject to 40± Ft. common access drive for Bay Land Plaza East, KFC and Panama City Korean Church. 65 Parking Spaces. Traffic Count of 24,500 (FDOT 2016). With an Active Lease effort of vacant units and increases in rents, a NEW OWNER can enjoy the INCOME! There is some deferred maintenance needed.

More Information

Financing

Other – See Remarks: Yes

Floors in Unit/Home

Two: Yes

Property Features

Financing: Other – See Remarks

Listing Office: Counts Real Estate Group

Last Updated: October – 04 – 2024

Information deemed reliable but not guaranteed.