6908 Thomas Drive, Panama City Beach, FL 32408 (MLS# 708240)

6908 Thomas Drive, Panama City Beach, FL 32408

$1,000,000

Property Type: Commercial for Sale Square Footage: 6,020 Lot Size (sq. ft.): 39,204 Status: Sold

Current Price: $1,000,000 List Date: 6/05/2021 Last Modified: 10/04/2024

Overview

Description

THIS PROPERTY CONSISTS OF A 6,000 SF BUILDING LOCATED ON 7 LOTS ON THOMAS DRIVE. IT HAS 100 FEET OF THOMAS DRIVE ROAD FRONTAGE EXTENDING 235 FEET TO BEACH DRIVE WITH 250 FEET FRONTING BEACH DRIVE. IT IS LOCATED APPROXIMATELY 800 FEET FROM THE GULF OF MEXICO IN THE DIRECT VICINITY OF NUMEROUS HIGH RISE CONDOS AND BEACH HOUSES. THE BUILDING IS CURRENTLY SET UP AS A BAR/RESTAURANT. CURRENTLY LEASED MONTH TO MONTH. SELLER FINANCING OFFERED WITH 20% DOWN, 6% INTEREST, PAYMENTS BASED ON 30 YEAR TERM WITH A 10 YEAR CALL. GREAT OPPORTUNITY FOR BUSINESS OR LAND DEVELOPMENT ON THOMAS DRIVE.

Listing Details MLS# 708240

Contract Info

List Price/SqFt: 182.72
Sub-Type: Other

Location

Area: 03 – Bay County – Beach
Street #: 6908
Street Name: Thomas
Street Suffix: Drive
State: FL
Zip Code: 32408
County: Bay
Sub Area: 0323 – Beach – South of Grand Lagoon
Subdivision: Holiday Beach Unit 10
Community/Resort: Holiday Beach
Waterfront: No
Parcel ID: 30766-010-000
Elementary School: Patronis
Middle School: Surfside
High School: Arnold
Directions: LOCATED CLOSE TO THE INTERSECTION OF UPAS STREET AND THOMAS DRIVE. ACROSS THOMAS DRIVE FROM PELICAN WALK CONDO.
Legal Description: HOLIDAY BEACH UNIT #10 LOTS 4, 5, 20, 21, 22, 23. and 24 BLK R ORB P 2066

General Property Info

List Class: Bar/Restaurant
Construction Status: Construction Complete
Site Dimensions: 100' x 235' + 150' X 100'
Acreage: 0.9
Frontage Ft: 250
Lot Depth: 235
SqFt Tot Bldg: 6020
Year Built: 1979

Status Change Info

Under Contract Date: 2021-09-11
Sold Date: 2021-11-09
Sold Price/SqFt: 166.11
Sold Price/Acre: 1111111.11

Listing Info, Tax and Legal

HOA Fee: No

Remarks & Misc

Remarks: THIS PROPERTY CONSISTS OF A 6,000 SF BUILDING LOCATED ON 7 LOTS ON THOMAS DRIVE. IT HAS 100 FEET OF THOMAS DRIVE ROAD FRONTAGE EXTENDING 235 FEET TO BEACH DRIVE WITH 250 FEET FRONTING BEACH DRIVE. IT IS LOCATED APPROXIMATELY 800 FEET FROM THE GULF OF MEXICO IN THE DIRECT VICINITY OF NUMEROUS HIGH RISE CONDOS AND BEACH HOUSES. THE BUILDING IS CURRENTLY SET UP AS A BAR/RESTAURANT. CURRENTLY LEASED MONTH TO MONTH. SELLER FINANCING OFFERED WITH 20% DOWN, 6% INTEREST, PAYMENTS BASED ON 30 YEAR TERM WITH A 10 YEAR CALL. GREAT OPPORTUNITY FOR BUSINESS OR LAND DEVELOPMENT ON THOMAS DRIVE.

More Information

Construction/Siding

Block: Yes
Floor – Concrete: Yes
Roof – Composite Shngl: Yes
Trim – Wood: Yes

Financing

Cash: Yes
Conventional: Yes
Seller Financing: Yes

Present Zoning

Commercial: Yes

Sale Type

As Is: Yes

Floors in Unit/Home

Two: Yes

Pricing Type

Sale Price: Yes

Site Description

Cleared: Yes
Level: Yes

Transport. Access

4-Lane: Yes
City Road: Yes
Divided Highway: Yes

Property Features

Financing: Cash; Conventional; Seller Financing Pricing Type: Sale Price Present Zoning: Commercial Sale Type: As Is Site Description: Cleared; Level

Listing Office: Varnes Realty

Last Updated: October – 04 – 2024

Information deemed reliable but not guaranteed.