8700 Front Beach Road, Panama City Beach, FL 32407
$299,900
Property Type:
Commercial for Sale
Square Footage:
4,200
Status:
Sold
Current Price:
$299,900
List Date:
1/29/2019
Last Modified:
3/16/2023
Description
You wont want to miss this opportunity to own the commercial rights for Island Reserve. You will have such a captive audience of clients with a total of 299 units on the other side of the gate. This building is approx 4,200 SQ FT however you would also own the parking lot making it a total of 17,988 SQ FT. There are 5 offices in total with a conference room, kitchen area, and a HUGE open lobby. This building will be getting a new $50,000 roof paid for by the COA Insurance Policy within the next few months. Currently being operated as a property management office for rentals. Possibilities are endless with this building.
More Information MLS# 679695
Contract Info
List Date: 2019-01-28
List Price: $299,900
List Price/SqFt: 71.4
Current Price: $285,000
Sub-Type: Office
Location
Area: 03 - Bay County - Beach
Street #: 8700
Street Name: Front Beach
Street Suffix: Road
State: FL
Zip Code: 32407
County: Bay
Sub Area: 0320 - Beach - Middle Central
Subdivision: Island Reserve
Community/Resort: None
Waterfront: No
Parcel ID: 40001-100-300
Elementary School: Breakfast Point
Middle School: Breakfast Point
High School: Arnold
Directions: Island Reserve at Laurie Ave and Front Beach Rd
Legal Description: ISLAND RESERVE 31 3S 15W COMMERCIAL 17988 TSF MAP 57C4 ORB 3018 P 563 ORB 3624 P 167
General Property Info
List Class: Commercial
Construction Status: Construction Complete
SqFt Tot Bldg: 4200
Year Built: 2007
Listing Info, Tax and Legal
HOA Fee: Yes
HOA Amount: 3300
HOA Frequency: Monthly
Status Change Info
Status: Sold
Under Contract Date: 2019-02-04
Sold Date: 2019-03-08
Sold Price: $285,000
Sold Price/SqFt: 67.86
Office
Year Built: 2007
Property Features
Business/Property: Handicapped Access; Kitchen Area; Office Area
Fees Include: Conference Center; Dumpster; Exercise Room; Gated Community; Insurance; License/Permits; Master Association; Pest Control; Pool; Recreational Faclty; Security; Sewer; Water; Whirlpool
Floors in Unit/Home: One
Financing: Cash; Conventional
Present Zoning: Office/Prof; Resid Multi-Family
Project Facilities: Basketball Court; Community Room; Dumpster; Elevators; Exercise Room; Gated Community; No Short Term Rental; Pool; Security-Gate; Whirlpool
Sale Type: As Is
Listing Office: Florida Realty Experts Inc
Last Updated: March - 16 - 2023
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.