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7221 LAIRD Street, Panama City Beach, FL 32408

$2,442,000
Property Type: Commercial for Sale Square Footage: 44,056 Lot Size (sq. ft.): 187,308 Status: Sold
Current Price: $2,750,000 List Date: 1/29/2018 Last Modified: 10/04/2024

Description

Pac and Stac Storage is a established income producing property located on Panama City Beach, Florida. The property consists of +/- 4.3 acres of land and 44,056SF of climate-controlled and non climate-controlled drive up storage with a average occupancy rate of 93%. There are a total of 407 rent able units and RV/boat storage. The facility is made up of 4 buildings built in 1997,1999 and 2005 and includes a office and 2 bedroom apartment for a live in property manager. There is a long term reliable property manager that would be a asset to a absentee owner or someone looking for a passive income investment. The property is located just off Thomas Drive which is a main thoroughfare for Panama City Beach.

More Information MLS# 667353

Contract Info

List Price/SqFt: 62.42 List Date: 2018-01-29 List Price: $2,750,000 Current Price: $2,442,000 Sub-Type: Income Producing

Location

Sub Area: 0319 - Beach - East Community/Resort: None Waterfront: No Business Name: Pac and Stac Storage Elementary School: Patronis Middle School: Surfside High School: Arnold Directions: From Thomas Drive turn onto Laird and property will be on your left. Area: 03 - Bay County - Beach Street #: 7221 Street Name: LAIRD Street Suffix: Street State: FL Zip Code: 32408 County: Bay Subdivision: Thomas Drive Park U-2 Parcel ID: 27921-473-000 Legal Description: THOMAS DRIVE PARK UNIT 2 LOT 14 BLK A ORB 1678 P 1760-69 MAP 57D ORB 2603 P 552 ORB 2871 P 487

General Property Info

List Class: Commercial Site Dimensions: 300x627 Acreage: 4.3 Construction Status: Construction Complete SqFt Tot Bldg: 44056 Year Built: 1997

Listing Info, Tax and Legal

HOA Fee: No

Remarks & Misc

Remarks: Pac and Stac Storage is a established income producing property located on Panama City Beach, Florida. The property consists of +/- 4.3 acres of land and 44,056SF of climate-controlled and non climate-controlled drive up storage with a average occupancy rate of 93%. There are a total of 407 rent able units and RV/boat storage. The facility is made up of 4 buildings built in 1997,1999 and 2005 and includes a office and 2 bedroom apartment for a live in property manager. There is a long term reliable property manager that would be a asset to a absentee owner or someone looking for a passive income investment. The property is located just off Thomas Drive which is a main thoroughfare for Panama City Beach.

Status Change Info

Sold Price/SqFt: 55.43 Sold Price/Acre: 567906.98 Status: Sold Under Contract Date: 2018-03-02 Sold Date: 2018-05-31 Sold Price: $2,442,000

Construction/Siding

Floor - Concrete: 1 Roof - Metal: 1 Siding - Metal: 1

Financing

Cash: 1 Conventional: 1

Present Zoning

Commercial: 1

Utilities

All Utilities: 1

Sale Type

As Is: 1

Business Only

Building SqFt: 44056

Business/Property

Living Quarters: 1 Office Area: 1 Sign: 1

Floors in Unit/Home

One: 1

Income Producing

Property Type: Industrial

Transport. Access

Paved: 1

Property Features

Financing: Cash; Conventional Present Zoning: Commercial Sale Type: As Is Utilities: All Utilities
Listing Office: Coldwell Banker Realty
Last Updated: October - 04 - 2024
Information deemed reliable but not guaranteed.