7221 LAIRD Street, Panama City Beach, FL 32408

$2,442,000
Property Type: Commercial for Sale Square Footage: 44,056 Lot Size (sq. ft.): 187,308 Status: Sold
Current Price: $2,442,000 List Date: 1/29/2018 Last Modified: 10/04/2024

Overview

Description

Pac and Stac Storage is a established income producing property located on Panama City Beach, Florida. The property consists of +/- 4.3 acres of land and 44,056SF of climate-controlled and non climate-controlled drive up storage with a average occupancy rate of 93%. There are a total of 407 rent able units and RV/boat storage. The facility is made up of 4 buildings built in 1997,1999 and 2005 and includes a office and 2 bedroom apartment for a live in property manager. There is a long term reliable property manager that would be a asset to a absentee owner or someone looking for a passive income investment. The property is located just off Thomas Drive which is a main thoroughfare for Panama City Beach.

Listing Details MLS# 667353

Contract Info

List Price/SqFt
62.42
Sub-Type
Income Producing

Location

Area
03 – Bay County – Beach
Street #
7221
Street Name
LAIRD
Street Suffix
Street
State
FL
Zip Code
32408
County
Bay
Sub Area
0319 – Beach – East
Business Name
Pac and Stac Storage
Subdivision
Thomas Drive Park U-2
Community/Resort
None
Waterfront
No
Parcel ID
27921-473-000
Elementary School
Patronis
Middle School
Surfside
High School
Arnold
Directions
From Thomas Drive turn onto Laird and property will be on your left.
Legal Description
THOMAS DRIVE PARK UNIT 2 LOT 14 BLK A ORB 1678 P 1760-69 MAP 57D ORB 2603 P 552 ORB 2871 P 487

General Property Info

List Class
Commercial
Construction Status
Construction Complete
Site Dimensions
300×627
Acreage
4.3
SqFt Tot Bldg
44056
Year Built
1997

Status Change Info

Under Contract Date
2018-03-02
Sold Date
2018-05-31
Sold Price/SqFt
55.43
Sold Price/Acre
567906.98

Business Only

Building SqFt
44056

More Information

Listing Info, Tax and Legal

HOA Fee
No

Remarks & Misc

Remarks
Pac and Stac Storage is a established income producing property located on Panama City Beach, Florida. The property consists of +/- 4.3 acres of land and 44,056SF of climate-controlled and non climate-controlled drive up storage with a average occupancy rate of 93%. There are a total of 407 rent able units and RV/boat storage. The facility is made up of 4 buildings built in 1997,1999 and 2005 and includes a office and 2 bedroom apartment for a live in property manager. There is a long term reliable property manager that would be a asset to a absentee owner or someone looking for a passive income investment. The property is located just off Thomas Drive which is a main thoroughfare for Panama City Beach.

Construction/Siding

Floor – Concrete
Yes
Roof – Metal
Yes
Siding – Metal
Yes

Financing

Cash
Yes
Conventional
Yes

Present Zoning

Commercial
Yes

Utilities

All Utilities
Yes

Sale Type

As Is
Yes

Business/Property

Living Quarters
Yes
Office Area
Yes
Sign
Yes

Floors in Unit/Home

One
Yes

Transport. Access

Paved
Yes

Property Features

Financing: Cash; Conventional Present Zoning: Commercial Sale Type: As Is Utilities: All Utilities
Listing Office: Coldwell Banker Realty
Last Updated: October – 04 – 2024
Information deemed reliable but not guaranteed.