7715 Front Beach Road, Panama City Beach, FL 32407

$1,900,000
Property Type: Commercial for Sale Square Footage: 8,174 Lot Size (sq. ft.): 81,457 Status: Sold
Current Price: $1,900,000 List Date: 6/16/2023 Last Modified: 10/04/2024

Overview

Description

Turnkey restaurant for sale!! Fully Equipped with seating of 250 with a private dinning room for all banquets and functions, has 3 walkin coolers, 67 tap beers and a brand new pizza oven plus every other commercial equipment a restaurant will dream of. This restaurant has successfully operated the restaurant for 25 years. Great opportunity! 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. 52000 traffic count. Building has been well maintained for future owners. the sale includes two parcels 27874-010-000 and 27874-015-000

Listing Details MLS# 737279

Contract Info

List Price/SqFt
281.38
Sub-Type
Retail

Location

Area
03 – Bay County – Beach
Street #
7715
Street Name
Front Beach
Street Suffix
Road
State
FL
Zip Code
32407
County
Bay
Sub Area
0320 – Beach – Middle Central
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 4311 P 2099

General Property Info

List Class
Bar/Restaurant
Immediate Occupancy
Yes
Construction Status
Construction Complete
SqFt Unit
8174
Acreage
1.87
Frontage Ft
225
Lot SqFt
81680
SqFt HVAC
8174
SqFt Retail
10100
SqFt Tot Bldg
8174
Year Built
1986

Status Change Info

Under Contract Date
2023-11-15
Sold Date
2024-02-26
Sold Price/SqFt
232.44
Sold Price/Acre
1016042.78

Listing Info, Tax and Legal

HOA Fee
No

More Information

Remarks & Misc

Remarks
Turnkey restaurant for sale!! Fully Equipped with seating of 250 with a private dinning room for all banquets and functions, has 3 walkin coolers, 67 tap beers and a brand new pizza oven plus every other commercial equipment a restaurant will dream of. This restaurant has successfully operated the restaurant for 25 years. Great opportunity! 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. 52000 traffic count. Building has been well maintained for future owners. the sale includes two parcels 27874-010-000 and 27874-015-000

Construction/Siding

Block
Yes
Brick
Yes
Floor – Tile
Yes
Roof – Metal
Yes

Energy

AC – 2 or More
Yes
AC – Central Elect
Yes
Tinted Windows
Yes
Water Heater – Gas
Yes

Financing

Cash
Yes
Conventional
Yes

Utilities

All Maintenance
Yes
Electricity – Connected
Yes
Garbage
Yes
Natural Gas – Connected
Yes
Pest Control
Yes
Public Sewer – Connected
Yes
Water Connected
Yes
Yard Maintenance
Yes

Accessibility Features

Accessible Approach with Ramp
Yes

Business/Property

Bus Est Five or More Yrs
Yes
Freestanding Building
Yes
Furnished – All
Yes
Handicapped Access
Yes
Handicapped Facilities
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
AC – Office
Yes

Hotel/Motel

Year Built
1984
Building SqFt
8174

Transport. Access

4-Lane
Yes

Property Features

Accessibility Features: Accessible Approach with Ramp Energy: AC – 2 or More; AC – Central Elect; Tinted Windows; Water Heater – Gas Financing: Cash; Conventional Utilities: All Maintenance; Electricity – Connected; Garbage; Natural Gas – Connected; Pest Control; Public Sewer – Connected; Water Connected; Yard Maintenance
Listing Office: Hilltop Legacy Realty
Last Updated: October – 04 – 2024
Information deemed reliable but not guaranteed.