USAFLPanama City BeachNo Named Subdivision8406 Panama City Beach Pkwy
8406 Panama City Beach Pkwy, Home with 0 bedrooms, 0 bathrooms and null parking in Panama City Beach FL | Image 1
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$3,985,000

8406 Panama City Beach Pkwy, Panama City Beach, FL

Real Estate

For Sale

$--,---,---
000
  • Key Facts
  • Description
  • Map

Key Facts

Type 
Levels Commercial Sale
Size -
Garage No
Maintenance Fees 
Taxes 
Days Active 14
Approx. Age 1984
MLS® Number 776552

Property Address: 

Average square foot calculated using Size range provided by listing agent.

Description

A rare opportunity for investors and developers to capitalize on immediate equity and long-term upside. This strategically located property with 200 ft of frontage on high traffic Hwy 98 recently appraised at $4, 085, 000, yet is being offered for just $3, 985, 000.Additionally, the current appraisal does not reflect the in-process Development Order (DO) or the significant investment already made toward its approval -- specifically for the back 2 acres of the property. Building has the following occupancy: Unit A - (600 Sq.Ft.) Rented, Units B-C (1200 Sq.Ft.) Rented, Units D-E-F (1800 Sq.Ft.) Rented, Unit G (900 Sq.Ft.) Rented, Units H-I + warehouse, (2500 Sq.Ft.) Rented, Units J-K-L + warehouse (owner occupied), Unit M (600 Sq.Ft.) Rented, Unit N (600 Sq.Ft.) Rented! Also, the large billboard pays the building owner $7, 500/yr rent. Don't miss this unique opportunity!Show Description
MLS® Number776552
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry Level
Exposure
Exterior
GarageNo
Approx. Age1984
Stories
Pets
Corp Number

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

HeatCentral, Electric
A/CCentral Air, Electric
Heating Fuel

Extras

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