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10510 FRONT BEACH Road, Panama City Beach, FL 32407

$1,700,000
Property Type: Commercial Land Lot Size (sq. ft.): 278,784 Status: Sold
Current Price: $1,950,000 List Date: 2/01/2016 Last Modified: 10/08/2024

Description

BANK OWNED * previously SOLD FOR $3 MILLION. Approx 6.4 acres of Prime Land right in the middle of the Beach just behind Walmart with a small lake. Approx 4.8 acres of uplands. Zoned commercial and would also make a great residential development or hotel.The building on Front Beach has no value but could be renovated for a Sales Center and then a commercial rental. There is a lake in back also. Located directly across from Long Beach Condos behind Walmart and next to Pompanos.

More Information MLS# 635143

Contract Info

List Price/Acre: 304687.5 List Date: 2015-08-11 List Price: $1,950,000 Current Price: $1,700,000 Sub-Type: Vacant Land

Location, Tax & Legal

Sub Area: 0320 - Beach - Middle Central Lot: see legal Business Name: none Community/Resort: None Waterfront: Yes Elementary School: Hutchison Beach Middle School: Surfside High School: Arnold Directions: Take Front Beach from Hathaway Bridge past Pompanos and Walmart and property is on the right next to Coyote Ugly pub. HOA Fee: No Street #: 10510 Street Name: FRONT BEACH Street Suffix: Road State: FL Zip Code: 32407 County: Bay Area: 03 - Bay County - Beach Subdivision: [No Recorded Subdiv] Parcel ID: 34881-107-000 Legal Description: 36-3S-16W -68.27- 47D3 COM SW COR OF NW1/4 OF SE1/4 TH E 86.58' SELY 926.11' SWLY 41.49' WLY 500.99' S 12' WLY 1044.91' N 17.02' WLY 330.09' NELY 240.23' FOR POB TH W 50' SLY 80.43' WLY 737.28' NELY 85.58' NWLY 126.39' ELY ALG A CURVE 239.81' NLY 133.92' NELY 232.01' ELY 370.13' SELY 659. 82' WLY 330' TO POB AKA PRCLS 32 & 40 -AND- W1/2 OF DAVIS DR DESCR AS: COM NW COR LOT 1 FOURTH ADD TO LONG BEA

General Property Info

Acreage: 6.4 Frontage Feet: 55 Is Subject Leased: No

Remarks & Misc

Remarks: BANK OWNED * previously SOLD FOR $3 MILLION. Approx 6.4 acres of Prime Land right in the middle of the Beach just behind Walmart with a small lake. Approx 4.8 acres of uplands. Zoned commercial and would also make a great residential development or hotel.The building on Front Beach has no value but could be renovated for a Sales Center and then a commercial rental. There is a lake in back also. Located directly across from Long Beach Condos behind Walmart and next to Pompanos.

Status Change Info

Sold Price/Acre: 265625 Status: Sold Under Contract Date: 2016-10-01 Sold Date: 2016-11-15 Sold Price: $1,700,000

Financing

Cash: 1 Conventional: 1

Lot Features

Addl Land Available: 1

Waterfront Feature

Other - See Remarks: 1

Lot/Parcel Access

City Road: 1 Private Road: 1

Present Zoning

Commercial: 1

Utilities

All Utilities: 1

Waterview

Lake: 1

Sale Type

REO/Foreclosed: 1

Waterfront Type

Lakefront: 1

TransportationAccess

2 - Lane: 1 City Road: 1

Property Features

TransportationAccess: 2 - Lane; City Road Financing: Cash; Conventional Lot Features: Addl Land Available Sale Type: REO/Foreclosed Utilities: All Utilities Waterfront Type: Lakefront Waterfront Feature: Other - See Remarks Present Zoning: Commercial Waterview: Lake
Listing Office: CitiStar Realty
Last Updated: October - 08 - 2024
Information deemed reliable but not guaranteed.