Favorites

MLS # 666940 | $2,400,000

Panama City Beach Real Estate


Overview

  • Bedrooms: 0
  • Full Baths:
  • Half Baths: 0
  • Square Footage: 0
  • Built: 2008
  • Acreage: 1

Location

  • 1114-1120 THOMAS Drive
    Panama City Beach, FL 32408
    See On Map
  • County: Bay
  • Area: 03 - Bay County - Beach
  • Sub Area: 0319 - Beach - East
  • Subdivision: Coastal Palms Commercial

HIGHLIGHTS

Property Type, Other

High School, Arnold

Middle School, Surfside


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 started Sept 2023.

MAP & DIRECTIONS

Driving Directions: FROM HATHAWAY BRIDGE, SOUTH ON THOMAS DRIVE, PROPERTY LOCATED ACROSS FROM NAVAL COASTAL SYSTEMS CENTER ENTRY GATE.

Listed by Varnes Realty | Updated 05/16/2024 13:01:31
Information deemed reliable but not guaranteed. The information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

REQUEST INFORMATION

Let the Carroll Realty team answer any questions you may have about this property.