3123 Thomas Drive, Panama City Beach, FL 32408
sale
$1,675,000
|
Income Producing
Courtesy Of Counts Real Estate Group Inc
Fantastic investment opportunity in Panama City Beach. Lagoon Plaza stays 100% occupied and market rental rates are increasing rapidly. The estimated net operating income is $129,986. Located on south Thomas Drive at the west entry gate to Bay Point and just north of Captain Anderson's and the signalized intersection of North Lagoon Drive. The building had minor damage from Hurricane Michael, and the repairs are now complete. The seller has also installed a new roof. Call for detailed financials and lease information. Please do not disturb the tenants.
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Copyright © 2020 Central Panhandle Association of REALTORS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. Information being provided is 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.
Property Features
- Age: 11-20 Years Old
- Architecture Style: Other
- Legal Description: BAY POINT UNIT 1 (3.035) 69C4 TRACT G ORB 1915 P 1409 ORB 2256 P 1080 MAP 69C4 ORB 2323 P 968 ORB 2460 P 383
- MLSID: 681545
- Roof Type: Unknown
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