Property
Beds
None
Full Baths
None
1/2 Baths
None
Year Built
1997
Sq.Footage
10,612
Zoned C1 Bay County. Practically Brand New Commercial Investment situated in the bustling heart of Panama City Beach right across from the worlds most beautiful beaches now boasts 111 BRAND NEW Storage Units meticulously constructed with Spray Foam insulation. Commercial Space 100% Occupied at 54k in Gross Income, and Storage Units 100% Vacant awaiting a New Owner to fill them up. Expected Income on Storage Units at 100% Occupancy 90k a Year. Offering a blend of Indoor Climate Controlled Units, alongside Outdoor units, these spaces are primed for immediate rental, enabling you to tap into a lucrative stream of passive income. Nestled on Thomas Drive, a central location in Panama City Beach, this property includes two recently renovated Offices, ideal for accommodating your next tenant or for owner occupancy. With a suite of upgrades including a New Roof, Fresh Siding, Vibrant Paint, Secure Gates, state-of-the-art Storage Units featuring Spray Foam insulation, and a revitalized Landscape complete with a sprinkler system, this property stands as a Turn Key investment opportunity. This exceptional property seamlessly integrates practical design with operational efficiency. With ample parking space for 11 vehicles and a flexible layout housing 111 storage units alongside two fully functional commercial offices, this property caters to individuals with a discerning business acumen. Moreover, the potential of this commercial complex extends beyond its current offerings. Envision tailoring the property's features to suit your specific needs, whether it entails reconfiguring office spaces to align with your business model or capitalizing on the rental potential of the available storage units.
Features & Amenities
Interior
-
Total Bedrooms
N/A
-
Bathrooms
N/A
-
Cooling YN
YES
-
Cooling
N/A
-
Pet friendly
N/A
Exterior
-
Garage
No
-
Parking
Paved
-
Pool
No
Area & Lot
-
Lot Size(acres)
0.76
-
Property Type
Commercial Sale
-
Property Sub Type
Other
Price
-
Sales Price
$1,499,000
-
Zoning
Commercial
-
Sq. Footage
10, 612
-
Price/SqFt
$141
HOA
-
Association
No
School District
-
Elementary School
Patronis
-
Middle School
Surfside
-
High School
Arnold
Property Features
-
Sewer
Public Sewer
Schedule a Showing
Showing scheduled successfully.
Mortgage calculator
Estimate your monthly mortgage payment, including the principal and interest, property taxes, and HOA. Adjust the values to generate a more accurate rate.
Your payment
Principal and Interest:
$
Property taxes:
$
HOA fees:
$
Total loan payment:
$
Total interest amount:
$
Location
County
Bay
Elementary School
Patronis
Middle School
Surfside
High School
Arnold
Listing Courtesy of The Sanchez Group , Think Real Estate
RealHub Information is provided exclusively for consumers' personal, non-commercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. RealHub website owner shall not be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.
REALTOR®
Kaitlin Palmer
Call Kaitlin today to schedule a private showing.
* Listings on this website come from the FMLS IDX Compilation and may be held by brokerage firms other than the owner of this website. The listing brokerage is identified in any listing details. Information is deemed reliable but is not guaranteed. If you believe any FMLS listing contains material that infringes your copyrighted work please click here to review our DMCA policy and learn how to submit a takedown request.© 2024 FMLS.
Related Properties
Panama City Beach
515 Evergreen Street
None Beds
None Baths
5,915 Sq.Ft.
$1,200,000
MLS#: 776565
Panama City Beach
13201 Hutchison Boulevard
None Beds
None Baths
6,728 Sq.Ft.
$1,350,000
MLS#: 770104
