1114-1120 Thomas Dr

Panama City Beach, FL 32408 View Map $2,100,000 Schedule a Tour
Acres1
Year2008
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Ben Alexander

Ben Alexander

(850) 588-6181
 
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Status: Active
Property Type:Commercial
MLS #:666940
On Site:798 Days
Lot Size:1 Acres
County:Bay
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 currently occupies the 4985 square feet unit. They are currently in their 2nd 5-year lease term. Annual rent plus CAM is $103,611. Realty One Group Emerald Coast occupies the remaining 1916 square feet of the building. They have a 2-year lease which started Sept 2021. Current rental income is

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$000 Monthly Payment
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Detailed Maps

Community Information

Address:1114-1120 Thomas Dr, Panama City Beach, FL 32408
County:Bay
Subdivision/Condo:Coastal Palms Commercial
Zip Code:32408

School Information

High School:Arnold
Middle School:Surfside
Elementary School:Patronis

Property Features

Lot Size: 1 Acres
Directions:FROM HATHAWAY BRIDGE, SOUTH ON THOMAS DRIVE, PROPERTY LOCATED ACROSS FROM NAVAL COASTAL SYSTEMS CENTER ENTRY GATE.

Tax and Financial Info

Terms: Cash, Conventional, OwnerMayCarry

Schools

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1114-1120 Thomas Dr Panama City Beach,  FL 32408
GO SEE THIS LISTING
1114-1120 Thomas Dr Panama City Beach, FL 32408
 
ASAP
Fri
29
Mar
Sat
30
Mar
Sun
31
Mar
Mon
1
Apr
Tue
2
Apr
Wed
3
Apr
Thu
4
Apr
Choose Your Date -- It's Free, Cancel Anytime
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Listing Information Last Updated 3/28/2024
Listing provided courtesy of Varnes Realty.
The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program. Real estate listings held by IDX Brokerage firms other than Emerald Coastal are marked with the Internet Data Exchange logo or the Internet Data Exchange thumbnail logo and detailed information about them includes the name of the listing IDX Brokers. This information is provided exclusively for personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

The Broker providing these data believes them to be correct, but advises interested parties to confirm them before relying on them in a purchase decision. Information deemed reliable but is not guaranteed.