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Property Photos
1114-1120 Thomas DriveListing photo id 1 for 1114-1120 Thomas Drive Listing photo id 2 for 1114-1120 Thomas Drive Listing photo id 3 for 1114-1120 Thomas Drive Listing photo id 4 for 1114-1120 Thomas Drive Listing photo id 5 for 1114-1120 Thomas Drive
  • MLS#: 666940 ( CommercialSale )
  • Street Address: 1114-1120 Thomas Drive
  • Viewed: 21
  • Price: $2,200,000
  • Price sqft: $294
  • Waterfront: No
  • Year Built: 2008
  • Bldg sqft: 7487
  • Additional Information
  • Geolocation: 30.1742 / -85.7607
  • County: BAY
  • City: Panama City Beach
  • Zipcode: 32408
  • Subdivision: Coastal Palms Commercial
  • Elementary School: Patronis
  • Middle School: Surfside
  • High School: Arnold
  • Provided by: Varnes Realty
  • DMCA Notice
  • Description
    The structure is a Class A, Retail/Office, 6,901 square feet building with tremendous upside. It is constructed of concrete poured block and steel beam supported ceilings. The roof is tile and one piece member of rubber. It is equipped with a complete fire sprinkler system and is monitored on a 24/7 basis. The complex also has ample parking and excellent signage on Thomas Drive. The building consists of 2 units with one at 4985 square feet and the other at 1916 square feet. Taylor's Restaurant (previously Egg & I Restaurant) currently occupies the 4985 square feet unit. They are currently in their 3rd 5 year lease term. Realty One Group of the Emerald Coast occupies the remaining 1916 square feet of the building. They have a 2 year lease which ends Sept 2025.
Features
Possible Terms
  1. Cash
  2. Conventional
  3. OwnerMayCarry
Home Owners Association Fee
  1. 0.00
Carport Spaces
  1. 0.00
Close Date
  1. 0000-00-00
Covered Spaces
  1. 0.00
Garage Spaces
  1. 0.00
High School
  1. Arnold
Insurance Expense
  1. 0.00
Legal Description
  1. COASTAL PALMS COMMERCIAL LOT 7 ORB 3126 P 287
Levels
  1. One
Living Area
  1. 0.00
Middle School
  1. Surfside
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. 30159-400-114
Pet Deposit
  1. 0.00
Property Type
  1. CommercialSale
School Elementary
  1. Patronis
Security Deposit
  1. 0.00
The Range
  1. 0.00
Trash Expense
  1. 0.00
Views
  1. 21
Year Built
  1. 2008