8700 Front Beach Road 1-16, Panama City Beach, FL 32408

$850,000
Property Type: Commercial for Sale Square Footage: 35,200 Status: Sold
Current Price: $939,999 List Date: 7/26/2012 Last Modified: 10/03/2024

Description

DISTRESSED DEVELOPER SALE, UNFINISHED 16 TOWNHOME UNITS. LOCATED AT ISLAND RESERVE. BUILDING 10 IS ABOUT 60% DONE AND BUILDING 9 IS ABOUT 40% DONE. MAJORITY OF MATERIAL TO FINISH THE UNITS IS ON PROPERTY. CONTRACTOR BIDS AVAILABLE TO FINISH PROJECT

More Information MLS# 600855

Contract Info

List Price/SqFt: 26.7 List Date: 2012-07-19 List Price: $939,999 Current Price: $850,000 Sub-Type: Multi-Family

Location

Unit #: 1-16 Sub Area: 0320 – Beach – Middle Central Community/Resort: None Business Name: ISLAND RESERVE Directions: From Hathaway Bridge travel west bound to Allison Ave turn left on Allison turn left on Hwy 98 (Front Beach Road) Island Reserve on left Area: 03 – Bay County – Beach Street #: 8700 Street Name: Front Beach Street Suffix: Road State: FL Zip Code: 32408 County: Bay Subdivision: Island Reserve Parcel ID: 40001-100-292 Legal Description: Island Reserve units 1-16 31 3S 15W type TH-D BLDG 9 & 10 UNITS 1-16

General Property Info

List Class: Attached Single Family Immediate Occupancy: No Construction Status: Under Construction SqFt HVAC: 35200 SqFt Tot Bldg: 35200 Year Built: 2009

Listing Info, Tax and Legal

HOA Fee: No

Remarks & Misc

Remarks: DISTRESSED DEVELOPER SALE, UNFINISHED 16 TOWNHOME UNITS. LOCATED AT ISLAND RESERVE. BUILDING 10 IS ABOUT 60% DONE AND BUILDING 9 IS ABOUT 40% DONE. MAJORITY OF MATERIAL TO FINISH THE UNITS IS ON PROPERTY. CONTRACTOR BIDS AVAILABLE TO FINISH PROJECT

Status Change Info

Sold Price/SqFt: 24.15 Status: Sold Under Contract Date: 2013-04-01 Sold Date: 2013-05-10 Sold Price: $850,000

Financing

Other – See Remarks: 1

Floors in Unit/Home

Two: 1

Property Features

Financing: Other – See Remarks
Listing Office: RC Real Estate Group
Last Updated: October – 03 – 2024
Information deemed reliable but not guaranteed.