8010 FRONT BEACH Road, Panama City Beach, FL 32407 (MLS# 672119)

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

Overview

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).

Listing Details MLS# 672119

Contract Info

List Price/SqFt: 48.64
Sub-Type: Income Producing

Location

Area: 03 – Bay County – Beach
Street #: 8010
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: 27820-010-000
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.
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

Status Change Info

Under Contract Date: 2018-12-17
Sold Date: 2019-02-28
Sold Price/SqFt: 48.64

Business Only

Year Built: 1991
Building SqFt: 19532

Listing Info, Tax and Legal

HOA Fee: No

More Information

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).

Energy

AC – 2 or More: Yes

Financing

Cash: Yes
Conventional: Yes

Sale Type

As Is: Yes

Business/Property

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

Floors in Unit/Home

Two: Yes

Heating/Cooling

AC – Central: Yes
AC – Warehouse: Yes

Transport. Access

4-Lane: Yes

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.