14929 Front Beach Road, Panama City Beach, FL 32413
$6,600,000
Property Type:
Commercial for Sale
Square Footage:
25,143
Lot Size (sq. ft.):
35,719
Status:
Active
Current Price:
$6,600,000
List Date:
1/02/2024
Last Modified:
4/17/2024
Description
GREAT NEW PRICE! Spectacular opportunity to own a large piece of waterfront property. Located in the heart of Panama City Beach, this 184' of prime GULF FRONT property offers lots of options for re-development. Zoned CH (Commercial High Intensity), it will allow new construction up to 150' in height (must be verified). Current use is a family motel of 38 units AND a 1216sf gulf front cottage. Both are currently closed due to hurricane damage around the motel pool area. Located next to Senor' Frog's Restaurant, and just 8/10 mile from Pier Park and the soon to be built TOP GOLF, this motel was family run for many years, with the cottage only used as storage and maintenance. There is a concrete seawall in place allowing any new construction to use all of the existing site (as permitting would allow). Sale will include all furnishings and the name/goodwill, minus personal items and tools. All meas. to be verified.
More Information MLS# 749777
Contract Info
List Date: 2023-11-28
List Price: $6,600,000
List Price/SqFt: 262.5
Current Price: $6,600,000
Sub-Type: Hotel/Motel
Location
Area: 03 - Bay County - Beach
Street #: 14929
Street Name: Front Beach
Street Suffix: Road
State: FL
Zip Code: 32413
County: Bay
Sub Area: 0318 - Beach - Central South
Subdivision: [No Recorded Subdiv]
Community/Resort: None
Waterfront: Yes
Parcel ID: 33818-000-000
Section: 21
Township: 3S
Range: 16W
Elementary School: Hutchison Beach
Middle School: Surfside
High School: Arnold
Directions: From Pier Park Dr and Front Beach Rd, travel east for 1 mile. Property on the right.
Legal Description: 21 3S 16W -12- BEG S R/W 98 25' NW'LY OF PT 360'E OF W SEC LINE NW'LY ALG HWY TO PT 200' E SEC LINE S TO WATERS EDGE SE'LY TO PT S OF BEG N T O BEG ORB 1111 P 279 CHANGED ORB. PG.# FROM 273 (M37C3) ORB 3382 P 884
General Property Info
List Class: Motel/Hotel
Construction Status: Construction Complete
Acreage: 0.82
Frontage Ft: 184
Lot Depth: 200
SqFt Tot Bldg: 25143
Year Built: 1974
Listing Info, Tax and Legal
HOA Fee: No
Remarks & Misc
Remarks: GREAT NEW PRICE! Spectacular opportunity to own a large piece of waterfront property. Located in the heart of Panama City Beach, this 184' of prime GULF FRONT property offers lots of options for re-development. Zoned CH (Commercial High Intensity), it will allow new construction up to 150' in height (must be verified). Current use is a family motel of 38 units AND a 1216sf gulf front cottage. Both are currently closed due to hurricane damage around the motel pool area. Located next to Senor' Frog's Restaurant, and just 8/10 mile from Pier Park and the soon to be built TOP GOLF, this motel was family run for many years, with the cottage only used as storage and maintenance. There is a concrete seawall in place allowing any new construction to use all of the existing site (as permitting would allow). Sale will include all furnishings and the name/goodwill, minus personal items and tools. All meas. to be verified.
Status Change Info
Status: Active
Land
Property Type: Commercial
Waterfront Feature
Waterfront Feet: 184
Property Features
Construction/Siding: Block
Floors in Unit/Home: Three Or More
Financing: Cash; Conventional
Offering Type: Real Estate; Sale Only
Pricing Type: Sale Price; Other - See Remarks
Present Zoning: Resort
Sale Type: As Is
Site Description: Height Restriction
Transport. Access: 2-Lane
Utilities: All Utilities
Waterfront Type: Gulf
Waterview: Gulf
Listing Office: AMERICAN REALTY of Bay Co, Inc
Last Updated: April - 17 - 2024
The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.
Information deemed reliable but not guaranteed.