6101 THOMAS Drive, Panama City Beach, FL 32408
$12,000,000
Property Type:
Residential Land
Lot Size (sq. ft.):
409,899
Status:
Sold
Current Price:
$16,500,000
List Date:
8/17/2020
Last Modified:
10/01/2024
Description
Gulf Front development parcel with +/- 9.41 acres in the heart of the Thomas Drive area of Panama City Beach, FL. With +/- 845 FF on the Gulf and +/- 650 FF on Thomas Drive this is a rare opportunity to acquire a large gulf front tract that was previously approved for a 688 unit condominium development. Prior permitting, renderings and engineering documents available upon request. Transfer of Density agreement in place allowing for an additional 80' in height for a height allowance of up to 320'.
More Information MLS# 660515
Contract Info
List Price/Acre: 1753453.77
Status: Sold
List Date: 2017-07-01
List Price: $16,500,000
Current Price: $12,000,000
Location
Sub Area: 0323 - Beach - South of Grand Lagoon
Community/Resort: None
Waterfront: Yes
Elementary School: Patronis
Middle School: Surfside
High School: Arnold
Directions: Located between Watercrest and Regency Towers Condominiums.
Street #: 6101
Street Name: THOMAS
Street Suffix: Drive
Area: 03 - Bay County - Beach
State: FL
Zip Code: 32408
County: Bay
Subdivision: Gulf Lagoon Beach
Parcel ID: 30574-000-000
Legal Description: Long Legal..Survey available
General Property Info
Acreage: 9.41
Lot Size (SqFt): 409899
Lot Dimensions: Irregular
Beach Frontage: 845
Sub-Type: Vacant Land
Listing Info, Tax & Legal
HOA Fee: No
As Is: No
Remarks & Misc
Remarks: Gulf Front development parcel with +/- 9.41 acres in the heart of the Thomas Drive area of Panama City Beach, FL. With +/- 845 FF on the Gulf and +/- 650 FF on Thomas Drive this is a rare opportunity to acquire a large gulf front tract that was previously approved for a 688 unit condominium development. Prior permitting, renderings and engineering documents available upon request. Transfer of Density agreement in place allowing for an additional 80' in height for a height allowance of up to 320'.
Status Change Info
Sold Price/Acre: 1275239.11
Under Contract Date: 2021-02-09
Sold Date: 2021-03-26
Sold Price: $12,000,000
Financing
Cash: 1
Conventional: 1
Lot Features
Coastal Construction Control Line: 1
Survey Available: 1
Lot Access
Paved Road: 1
U.S. Highway: 1
Present Zoning
Resort: 1
Utilities
All Utilities: 1
Waterview
Gulf: 1
Waterfront Type
Gulf: 1
Property Features
Financing: Cash; Conventional
Lot Access: Paved Road; U.S. Highway
Lot Features: Coastal Construction Control Line; Survey Available
Utilities: All Utilities
Waterfront Type: Gulf
Waterview: Gulf
Present Zoning: Resort
Listing Office:
NAI TALCOR
Last Updated: October - 01 - 2024
Information deemed reliable but not guaranteed.