8010 FRONT BEACH Road, Panama City Beach, FL 32407

$950,000
Property Type: Commercial for Sale Square Footage: 19,532 Status: Sold
Current Price: $950,000 List Date: 5/23/2018 Last Modified: 10/04/2024

Description

Prime commercial location on Front Beach Road. 20,000 SF two story Retail/Warehouse building with nearly 10,000 sq ft H/C on each floor. Upstairs is accessible from loading dock to ground floor or interior staircase. Abundant parking including back acre that is cleared, graveled and fenced. There is a long term cell phone tower lease in place generating $21,000 annually income and and lower floor is currently lease on a short term basis for $6,000 per month (below market).

More Information MLS# 672119

Contract Info

List Price/SqFt: 48.64 List Date: 2018-05-23 List Price: $950,000 Current Price: $950,000 Sub-Type: Income Producing

Location

Sub Area: 0320 – Beach – Middle Central Community/Resort: None Waterfront: No Elementary School: Breakfast Point Middle School: Breakfast Point High School: Arnold Directions: FROM HATHAWAY BRIDGE: Go west on US 98 approximately 1.2 miles and follow signs to Front Beach Road. Continue on Front Beach Road approximately 0.7 miles; 8010 Front Beach Road will be on your right. Area: 03 – Bay County – Beach Street #: 8010 Street Name: FRONT BEACH Street Suffix: Road State: FL Zip Code: 32407 County: Bay Subdivision: No Named Subdivision Parcel ID: 27820-010-000 Legal Description: GULF COAST HWY SUB (11.3) 57D LOTS 3 & 4 & ELY 2′ OF LOT 2 & SELY 101.75′ OF SLY 50′ LOT 11 ORB 3424 P 1256 BLK A

General Property Info

List Class: Commercial Construction Status: Construction Complete SqFt Tot Bldg: 19532 Year Built: 1991

Listing Info, Tax and Legal

HOA Fee: No

Remarks & Misc

Remarks: Prime commercial location on Front Beach Road. 20,000 SF two story Retail/Warehouse building with nearly 10,000 sq ft H/C on each floor. Upstairs is accessible from loading dock to ground floor or interior staircase. Abundant parking including back acre that is cleared, graveled and fenced. There is a long term cell phone tower lease in place generating $21,000 annually income and and lower floor is currently lease on a short term basis for $6,000 per month (below market).

Status Change Info

Sold Price/SqFt: 48.64 Status: Sold Under Contract Date: 2018-12-17 Sold Date: 2019-02-28 Sold Price: $950,000

Energy

AC – 2 or More: 1

Financing

Cash: 1 Conventional: 1

Sale Type

As Is: 1

Business Only

Year Built: 1991 Building SqFt: 19532

Business/Property

Display Windows: 1 Freestanding Building: 1 Furnished – None: 1 Kitchen Area: 1 Office Area: 1 Restrooms – Private: 1 Restrooms – Public: 1 Sign: 1

Floors in Unit/Home

Two: 1

Heating/Cooling

AC – Central: 1 AC – Warehouse: 1

Transport. Access

4-Lane: 1

Property Features

Energy: AC – 2 or More Financing: Cash; Conventional Sale Type: As Is
Listing Office: ERA Neubauer Real Estate Inc
Last Updated: October – 04 – 2024
Information deemed reliable but not guaranteed.