7715 Front Beach Road, Panama City Beach, FL 32407 (MLS# 700737)

7715 Front Beach Road, Panama City Beach, FL 32407

$1,395,000

Property Type: Commercial for Sale Square Footage: 8,174 Lot Size (sq. ft.): 81,457 Status: Sold

Current Price: $1,395,000 List Date: 8/11/2020 Last Modified: 10/04/2024

Overview

Description

Turnkey restaurant for sale!! Owner has successfully operated the restaurant for 25 years and is looking to retire. Great oportunity! Property is zoned C-3and is 1.87 acres with 225 ft frontage on Front Beach. Close to new PCB Sports Complex. Site can also be used for retail and would also lend itself for redevelopment as hotel/motel space. 25,200 traffic count. Building has been well maintained for future owners!

Listing Details MLS# 700737

Contract Info

List Price/SqFt: 170.66
Sub-Type: Other

Location

Area: 03 – Bay County – Beach
Street #: 7715
Street Name: Front Beach
Street Suffix: Road
State: FL
Zip Code: 32407
County: Bay
Sub Area: 0319 – Beach – East
Subdivision: No Named Subdivision
Community/Resort: None
Waterfront: No
Parcel ID: 27874-010-000
Elementary School: Breakfast Point
Middle School: Breakfast Point
High School: Arnold
Directions: Traveling west on Highway 98, go over Hathaway Bridge, continue traveling west on Front Beach Road, property is on the left.
Legal Description: 32 3S 15W -20.1- 57D BEG 174.99' W OF INTER SLY R/W OF HWY 98 & E LI GOVT LOT 4 TH S 258.58' NELY 175' S 20' SWLY 325' N 278.58' NELY 150' ALG SLY R/W HWY 98 TO POB ORB 1547 P 1036 ORB 2397 P 792

General Property Info

List Class: Commercial
Construction Status: Construction Complete
Acreage: 1.87
SqFt Tot Bldg: 8174
Year Built: 1986

Status Change Info

Under Contract Date: 2020-08-19
Sold Date: 2020-10-16
Sold Price/SqFt: 170.66
Sold Price/Acre: 745989.3

Listing Info, Tax and Legal

HOA Fee: No

Remarks & Misc

Remarks: Turnkey restaurant for sale!! Owner has successfully operated the restaurant for 25 years and is looking to retire. Great oportunity! Property is zoned C-3and is 1.87 acres with 225 ft frontage on Front Beach. Close to new PCB Sports Complex. Site can also be used for retail and would also lend itself for redevelopment as hotel/motel space. 25,200 traffic count. Building has been well maintained for future owners!

More Information

Construction/Siding

Brick: Yes

Energy

AC – 2 or More: Yes

Financing

Cash: Yes
Conventional: Yes

Present Zoning

Commercial: Yes

Utilities

All Utilities: Yes

Sale Type

As Is: Yes

Business/Property

Bus Est Five or More Yrs: Yes
Freestanding Building: Yes
Furnished – All: Yes
Handicapped Access: Yes
Kitchen Area: Yes
License – Beer & Wine: Yes
Office Area: Yes
Restrooms – Public: Yes
Seating 200+: Yes
Sign: Yes

Floors in Unit/Home

One: Yes

Heating/Cooling

AC – Central: Yes

Offering Type

Business Name: Yes
FF&E: Yes
Good Will: Yes
Real Estate: Yes
Trade Name: Yes

Site Description

Survey: Yes

Transport. Access

5 or More Lanes: Yes
Center Turn Lane: Yes
Paved: Yes
State Road: Yes

Property Features

Energy: AC – 2 or More Financing: Cash; Conventional Offering Type: Business Name; FF&E; Good Will; Real Estate; Trade Name Present Zoning: Commercial Sale Type: As Is Site Description: Survey Utilities: All Utilities

Listing Office: Hitchcock Real Estate LLC

Last Updated: October – 04 – 2024

Information deemed reliable but not guaranteed.