9860 S Thomas Drive R-7, Panama City Beach, FL 32408
$1,250,000
Property Type:
Commercial for Sale
Square Footage:
3,584
Status:
Sold
Current Price:
$1,303,742
List Date:
8/23/2023
Last Modified:
10/04/2024
Description
Rare opportunity this parcel is one of multiple commercial parcels for sale in one of the largest condominiums in Panama City Beach, Laketown Wharf. The commercial property is within walking distance of over 2000 condos with an average of 6 guests per unit giving potential daily walk up traffic of 12,000. Located on one of the busiest areas in Panama City Beach by the intersections of Front Beach Rd, Middle Beach Rd. and S. Thomas Drive. Currently there is a commercial laundry in this unit while the other parcels house various businesses and some vacant. Approximately 30,000 sq. ft of retail space of various sizes can be purchased individually or together. All information believed to be correct but should be verified by the buyer..
More Information MLS# 745607
Contract Info
List Price/SqFt: 363.77
List Date: 2023-08-24
List Price: $1,303,742
Current Price: $1,250,000
Sub-Type: Retail
Location
Unit #: R-7
Sub Area: 0323 – Beach – South of Grand Lagoon
Community/Resort: None
Waterfront: No
Elementary School: Breakfast Point
Middle School: Breakfast Point
High School: Arnold
Directions: Located at the corner of Front Beach Rd. and S. Thomas Drive across from Pineapple Willy.
Area: 03 – Bay County – Beach
Street #: 9860
Street Direction: S
Street Name: Thomas
Street Suffix: Drive
State: FL
Zip Code: 32408
County: Bay
Subdivision: Laketown Wharf
Parcel ID: 40001-000-772
Legal Description: LAKETOWN WHARF RETAIL UNIT #7 ORB 2994 P 1890 3584 TOTAL SF ORB 4411 P 2266
General Property Info
List Class: Commercial Condominium
Acreage: 0
Construction Status: Construction Complete
SqFt Tot Bldg: 3584
Year Built: 2007
Listing Info, Tax and Legal
HOA Fee: Yes
HOA Amount: 7955.01
HOA Frequency: Quarterly
Remarks & Misc
Remarks: Rare opportunity this parcel is one of multiple commercial parcels for sale in one of the largest condominiums in Panama City Beach, Laketown Wharf. The commercial property is within walking distance of over 2000 condos with an average of 6 guests per unit giving potential daily walk up traffic of 12,000. Located on one of the busiest areas in Panama City Beach by the intersections of Front Beach Rd, Middle Beach Rd. and S. Thomas Drive. Currently there is a commercial laundry in this unit while the other parcels house various businesses and some vacant. Approximately 30,000 sq. ft of retail space of various sizes can be purchased individually or together. All information believed to be correct but should be verified by the buyer..
Status Change Info
Sold Price/SqFt: 348.77
Status: Sold
Under Contract Date: 2023-10-20
Sold Date: 2023-11-13
Sold Price: $1,250,000
Association Fees Include
Insurance: 1
Sewer: 1
Trash Disposal: 1
TV Cable: 1
Water: 1
Floors in Unit/Home
One: 1
Listing Office:
EMERALD VIEW REAL ESTATE
Last Updated: October – 04 – 2024
Information deemed reliable but not guaranteed.