$ 2,300,000
6908 Thomas DR Panama City Beach, FL 32408
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In-PersonVirtual Tour
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$ 2,300,000
Est. payment /mo
Active
6908 Thomas DR Panama City Beach, FL 32408
0.95 Acres Lot
UPDATED:
10/09/2024 06:31 PM
Key Details
Property Type Vacant Land
Sub Type Commercial
Listing Status Active
Purchase Type For Sale
Subdivision Holiday Beach Unit 10
MLS Listing ID 742841
HOA Y/N No
Lot Size 0.950 Acres
Acres 0.95
Property Description
Attention INVESTORS, BUILDERS, AND ENTREPRENEUR'S, Look no further, this property is for YOU! Zoned C1-Neighborhood Commercial, this .95 acre parcel, with a beautiful GULF VIEW, Includes 7 lots total with 100 feet of frontage on Thomas Drive, extending through 235 feet to Beach Dr., then 250 feet on beach Drive, and 115 feet on Upas Street. It is located 800 feet from the Gulf of Mexico in a highly visible and popular area surrounded by condos, restaurants, public beach access, and area attractions. This zoning allows for multiple options and would be a great investment for a builder with 15 units/acre density, maximum building height not to exceed 35 feet, 60% impervious, floor area ratio 100%, minimum lot frontage of 70 feet, front and rear setbacks are set at 20 feet and side setbacks at 5 feet. The sales consist of 7 lots, 6985 sq.ft., 3 upstairs office/storage rooms, building, sign, real estate, and if you are thinking of keeping the store, inventory is even negotiable. The current owners have done a lot to this building since purchasing it as a shell with limited improvements. They have completely updated the building including the build-out, and replaced the air conditioning unit. Previous business was a bar/restaurant. You cannot beat this location as its in the heart of Panama City Beach, surrounded by high-rise condos and beach houses. Although you are only 800 feet to the beautiful Gulf-of-Mexico, this property is not in a flood zone! Do not let this opportunity pass by. If this sounds like the investment you have been looking for, setup a private showing before your dream of owning this fantastic property becomes someone else's reality! Age, Sq.Ft., dimensions, or any important information to the buyer must be verified via a personal or professional inspection.
Location
State FL
County Bay
Area 03 - Bay County - Beach
Interior
Fireplace No
Exterior
Utilities Available Electricity Available, Sewer Available, Water Available
Waterfront No
View Y/N Yes
View Gulf
Building
Lot Description Cleared, Level
Sewer Public Sewer
Water Public
Schools
Elementary Schools Patronis
Middle Schools Surfside
High Schools Arnold
Others
Tax ID 30766-010-000
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition Listed As-Is
Listed by Own It Real Estate LLC
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