6101 THOMAS Drive, Panama City Beach, FL 32408 (MLS# 660515)

6101 THOMAS Drive, Panama City Beach, FL 32408

$12,000,000

Property Type: Residential Land Lot Size (sq. ft.): 409,899 Status: Sold

Current Price: $12,000,000 List Date: 8/17/2020 Last Modified: 10/01/2024

Overview

Description

Gulf Front development parcel with +/- 9.41 acres in the heart of the Thomas Drive area of Panama City Beach, FL. With +/- 845 FF on the Gulf and +/- 650 FF on Thomas Drive this is a rare opportunity to acquire a large gulf front tract that was previously approved for a 688 unit condominium development. Prior permitting, renderings and engineering documents available upon request. Transfer of Density agreement in place allowing for an additional 80′ in height for a height allowance of up to 320′.

Listing Details MLS# 660515

Contract Info

List Price/Acre: 1753453.77

Location

Street #: 6101
Street Name: THOMAS
Street Suffix: Drive
Area: 03 – Bay County – Beach
State: FL
Zip Code: 32408
County: Bay
Sub Area: 0323 – Beach – South of Grand Lagoon
Subdivision: Gulf Lagoon Beach
Community/Resort: None
Waterfront: Yes
Parcel ID: 30574-000-000
Elementary School: Patronis
Middle School: Surfside
High School: Arnold
Directions: Located between Watercrest and Regency Towers Condominiums.
Legal Description: Long Legal..Survey available

General Property Info

Sub-Type: Vacant Land
Lot Dimensions: Irregular
Acreage: 9.41
Lot Size (SqFt): 409899
Beach Frontage: 845

Status Change Info

Under Contract Date: 2021-02-09
Sold Date: 2021-03-26
Sold Price/Acre: 1275239.11

Listing Info, Tax & Legal

HOA Fee: No
As Is: No

Remarks & Misc

Remarks: Gulf Front development parcel with +/- 9.41 acres in the heart of the Thomas Drive area of Panama City Beach, FL. With +/- 845 FF on the Gulf and +/- 650 FF on Thomas Drive this is a rare opportunity to acquire a large gulf front tract that was previously approved for a 688 unit condominium development. Prior permitting, renderings and engineering documents available upon request. Transfer of Density agreement in place allowing for an additional 80' in height for a height allowance of up to 320'.

More Information

Financing

Cash: Yes
Conventional: Yes

Lot Features

Coastal Construction Control Line: Yes
Survey Available: Yes

Lot Access

Paved Road: Yes
U.S. Highway: Yes

Present Zoning

Resort: Yes

Utilities

All Utilities: Yes

Waterview

Gulf: Yes

Waterfront Type

Gulf: Yes

Property Features

Financing: Cash; Conventional Lot Access: Paved Road; U.S. Highway Lot Features: Coastal Construction Control Line; Survey Available Utilities: All Utilities Waterfront Type: Gulf Waterview: Gulf Present Zoning: Resort

Listing Office: NAI TALCOR

Last Updated: October – 01 – 2024

Information deemed reliable but not guaranteed.