15727 FRONT BEACH 31 Road 31, Panama City Beach, FL 32413
$7,000,000
Property Type:
Commercial Land
Lot Size (sq. ft.):
56,628
Status:
Sold
Current Price:
$7,900,000
List Date:
9/27/2017
Last Modified:
10/08/2024
Description
Best location for gulf front project on Panama City Beach. Zoned for high rise, either hotel or condo. This is the old Paradise Inn condo project, all leases have been purchased and the old project has been torn down. Phase 1 & 2 environmental has been done as well. The property is zoned commercial FBO-4 which is the highest density allowed on Panama City Beach. located just west of Aqua, the highest priced condo project on PCB and across the street from Miracle Strip and Pier Park and just a short walk to Gulf World. This is truly location, location, location.
More Information MLS# 634728
Contract Info
List Price/Acre: 6076923.08
List Date: 2015-07-30
List Price: $7,900,000
Current Price: $7,000,000
Sub-Type: Unimproved Commercial
Location, Tax & Legal
Unit #: 31
Sub Area: 0318 - Beach - Central South
Business Name: scenic hwy partners, llc
Community/Resort: None
Waterfront: Yes
Elementary School: Hutchison Beach
Middle School: Surfside
High School: Arnold
Directions: DRIVING WEST ON 98 FROM PIER PARK, TURN ON POWELL ADAM ROAD, THEN DRIVE TO FRONT BEACH. PROPERTY FRONTS FRONT BEACH AND POWELL ADAM INTERSECTION
HOA Fee: No
Street #: 15727
Street Name: FRONT BEACH 31
Street Suffix: Road
State: FL
Zip Code: 32413
County: Bay
Area: 03 - Bay County - Beach
Subdivision: [No Recorded Subdiv]
Parcel ID: 33802-431-000
Legal Description: INN PARADISE 20 3 s 16W -459- MAP 29D3 THRU 33902-442 SEC 20-3S-16W COM AT THE NE COR OF SEC TH W 3090' S 2688' TO THE SOUTH R/W LINE OF FRONT BEACH RD. TH SELY ALONG R/W 269.90' SWLY 171.86' M/L TO WATERS EDGE TH NWLY 205' M/L TH N 195.72' M/L TO POB ORB 1777 P 1398 ORB 2598 P 6850RB 3672 P 1690 ORB 3672 P 1901
General Property Info
Acreage: 1.3
Lot Size (SqFt): 56628
Frontage Feet: 279
Is Subject Leased: No
Remarks & Misc
Remarks: Best location for gulf front project on Panama City Beach. Zoned for high rise, either hotel or condo. This is the old Paradise Inn condo project, all leases have been purchased and the old project has been torn down. Phase 1 & 2 environmental has been done as well. The property is zoned commercial FBO-4 which is the highest density allowed on Panama City Beach. located just west of Aqua, the highest priced condo project on PCB and across the street from Miracle Strip and Pier Park and just a short walk to Gulf World. This is truly location, location, location.
Status Change Info
Sold Price/Acre: 5384615.38
Status: Sold
Under Contract Date: 2019-07-03
Sold Date: 2019-12-20
Sold Price: $7,000,000
Financing
Cash: 1
Lot Features
Subject to Comprehensive Plan: 1
Survey Available: 1
Waterfront: 1
Waterfront Feature
Waterfront Feet: 279'
Lot/Parcel Access
City Road: 1
Paved Road: 1
State Highway: 1
Present Zoning
Commercial: 1
Resort: 1
Association Amenities
Beach: 1
Boardwalk: 1
Waterfront: 1
Utilities
All Utilities: 1
Electricity - Availabile: 1
Electric-3-Phase: 1
Public Sewer - Connected: 1
Water Connected: 1
Waterview
Gulf: 1
Sale Type
Accept Backup Offers: 1
As Is: 1
Waterfront Type
Gulf: 1
TransportationAccess
2 - Lane: 1
Property Features
TransportationAccess: 2 - Lane
Financing: Cash
Lot Features: Subject to Comprehensive Plan; Survey Available; Waterfront
Sale Type: Accept Backup Offers; As Is
Utilities: All Utilities; Electricity - Availabile; Electric-3-Phase; Public Sewer - Connected; Water Connected
Waterfront Type: Gulf
Present Zoning: Commercial; Resort
Waterview: Gulf
Listing Office:
Beach Time Realty, Inc
Last Updated: October - 08 - 2024
Information deemed reliable but not guaranteed.