PRICED AT ONLY: $2,200,000
Address: 1114-1120 Thomas Drive, Panama City Beach, FL 32408
Description
The structure is a Class A, Retail/Office, 6,901 square feet building with tremendous upside. It is constructed of concrete poured block and steel beam supported ceilings. The roof is tile and one piece member of rubber. It is equipped with a complete fire sprinkler system and is monitored on a 24/7 basis. The complex also has ample parking and excellent signage on Thomas Drive. The building consists of 2 units with one at 4985 square feet and the other at 1916 square feet. Taylor's Restaurant (previously Egg & I Restaurant) currently occupies the 4985 square feet unit. They are currently in their 3rd 5 year lease term. Realty One Group of the Emerald Coast occupies the remaining 1916 square feet of the building. They have a 2 year lease which ends Sept 2025.
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- MLS#: 666940 ( CommercialSale )
- Street Address: 1114-1120 Thomas Drive
- Viewed: 32
- Price: $2,200,000
- Price sqft: $294
- Waterfront: No
- Year Built: 2008
- Bldg sqft: 7487
- Acreage: 1.00 acres
- Additional Information
- Geolocation: 30.1742 / -85.7607
- County: BAY
- City: Panama City Beach
- Zipcode: 32408
- Subdivision: Coastal Palms Commercial
- Elementary School: Patronis
- Middle School: Surfside
- High School: Arnold
- Provided by: Varnes Realty
- DMCA Notice
Features
Building and Construction
- Covered Spaces: 0.00
- Living Area: 0.00
School Information
- High School: Arnold
- Middle School: Surfside
- School Elementary: Patronis
Garage and Parking
- Garage Spaces: 0.00
- Open Parking Spaces: 0.00
Utilities
- Carport Spaces: 0.00
Finance and Tax Information
- Home Owners Association Fee: 0.00
- Insurance Expense: 0.00
- Net Operating Income: 0.00
- Other Expense: 0.00
- Pet Deposit: 0.00
- Security Deposit: 0.00
- Trash Expense: 0.00
Other Features
- Legal Description: COASTAL PALMS COMMERCIAL LOT 7 ORB 3126 P 287
- Levels: One
- Area Major: 03 - Bay County - Beach
- Occupant Type: Occupied
- Parcel Number: 30159-400-114
- The Range: 0.00
- Views: 32
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Similar Properties
$2,500,000.00 ($566.25 / sqft )
8011 Thomas Drive More Like This Login To Like
Please do not bother employees. Call for appointment. Entire building is for sale, situated in a prime location on Thomas Drive. Currently, half of the building is leased by the owner, presenting an i
- Approx. 4415 sqft
- Provided by Coldwell Banker Realty
- Provided through
- DMCA Notice
Contact Info
- The Real Estate Professional You Deserve
- Mobile: 904.248.9848
- phoenixwade@gmail.com
