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Property Photos
8406 Panama City Beach ParkwayListing photo id 1 for 8406 Panama City Beach Parkway Listing photo id 2 for 8406 Panama City Beach Parkway Listing photo id 3 for 8406 Panama City Beach Parkway Listing photo id 4 for 8406 Panama City Beach Parkway Listing photo id 5 for 8406 Panama City Beach Parkway Listing photo id 6 for 8406 Panama City Beach Parkway Listing photo id 7 for 8406 Panama City Beach Parkway Listing photo id 8 for 8406 Panama City Beach Parkway Listing photo id 9 for 8406 Panama City Beach Parkway Listing photo id 10 for 8406 Panama City Beach Parkway Listing photo id 11 for 8406 Panama City Beach Parkway Listing photo id 12 for 8406 Panama City Beach Parkway Listing photo id 13 for 8406 Panama City Beach Parkway Listing photo id 14 for 8406 Panama City Beach Parkway Listing photo id 15 for 8406 Panama City Beach Parkway Listing photo id 16 for 8406 Panama City Beach Parkway Listing photo id 17 for 8406 Panama City Beach Parkway Listing photo id 18 for 8406 Panama City Beach Parkway Listing photo id 19 for 8406 Panama City Beach Parkway Listing photo id 20 for 8406 Panama City Beach Parkway Listing photo id 21 for 8406 Panama City Beach Parkway Listing photo id 22 for 8406 Panama City Beach Parkway
  • MLS#: 776552 ( CommercialSale )
  • Street Address: 8406 Panama City Beach Parkway
  • Viewed: 5
  • Price: $3,985,000
  • Price sqft: $316
  • Waterfront: No
  • Year Built: 1984
  • Bldg sqft: 12622
  • Days On Market: 10
  • Additional Information
  • Geolocation: 30.1898 / -85.78
  • County: BAY
  • City: Panama City Beach
  • Zipcode: 32407
  • Subdivision: No Named Subdivision
  • Elementary School: Breakfast Point
  • Middle School: Breakfast Point
  • High School: Arnold
  • Provided by: Gulf Life Real Estate Inc
  • DMCA Notice
  • 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!
Features
Possible Terms
  1. Cash
  2. Conventional
Home Owners Association Fee
  1. 0.00
Carport Spaces
  1. 0.00
Close Date
  1. 0000-00-00
Cooling
  1. CentralAir
  2. Electric
Covered Spaces
  1. 0.00
Garage Spaces
  1. 0.00
Heating
  1. Central
  2. Electric
High School
  1. Arnold
Insurance Expense
  1. 0.00
Legal Description
  1. G C 2ND ADD BEG 460'W & 439.29' S. OF NE COR OF SEC. TH; S 250' W 200.35' N 250' E 200' TO POB ORB 4474 P 887
Levels
  1. One
Living Area
  1. 0.00
Middle School
  1. Breakfast Point
Area Major
  1. 03 - Bay County - Beach
Net Operating Income
  1. 0.00
Occupant Type
  1. Occupied
Open Parking Spaces
  1. 0.00
Other Expense
  1. 0.00
Parcel Number
  1. 27904-010-000
Pet Deposit
  1. 0.00
Possible Use
  1. Commercial
Property Type
  1. CommercialSale
Roof
  1. Metal
School Elementary
  1. Breakfast Point
Security Deposit
  1. 0.00
Sewer
  1. PublicSewer
The Range
  1. 0.00
Trash Expense
  1. 0.00
Utilities
  1. ElectricityAvailable
  2. SewerAvailable
  3. WaterAvailable
Water Source
  1. Public
Year Built
  1. 1984