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: $850,000 List Date: 7/26/2012 Last Modified: 10/03/2024

Overview

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

Listing Details MLS# 600855

Contract Info

List Price/SqFt
26.7
Sub-Type
Multi-Family

Location

Area
03 – Bay County – Beach
Street #
8700
Street Name
Front Beach
Street Suffix
Road
Unit #
1-16
State
FL
Zip Code
32408
County
Bay
Sub Area
0320 – Beach – Middle Central
Business Name
ISLAND RESERVE
Subdivision
Island Reserve
Community/Resort
None
Parcel ID
40001-100-292
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
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

Status Change Info

Under Contract Date
2013-04-01
Sold Date
2013-05-10
Sold Price/SqFt
24.15

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

More Information

Financing

Other – See Remarks
Yes

Floors in Unit/Home

Two
Yes

Property Features

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