5501 THOMAS Drive, Panama City Beach, FL 32408

$1,075,000
For Sale
Type: Hotel/Motel Sq Ft: 6,200
TODO: Documents

Property Details for 5501 THOMAS Drive, Panama City Beach, FL 32408

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Property Overview

This is a great Beach Business Opportunity being sold ''AS IS''. This parcel has 11 units that currently rent for $200 a week. Projected annual over $100k. This is a turnkey opportunity, with a ton of potential. Situated in an amazing location right across from Public access 8. So guest can enjoy all that PCB has to offer.
Courtesy Of Keller Williams Success Realty

Features

  • Age: Over 50 Years Old
  • Architecture Style: Other
  • Cooling System: Window Unit(s) A/C
  • Floors: 1.5
  • Legal Description: GULF LAGOON BEACH LOTS 5, 6, 7 & 18 BLK 7 ORB 1868 P 1143
  • MLSID: 668893
  • Roof Type: Unknown

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Demographic Data for Panama City, FL 32408

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HOUSEHOLD INCOME
$74K
MEDIAN AGE
43
OWNER OCCUPIED DWELLINGS
4,767
VACANT DWELLINGS
7,370
HOUSEHOLDS WITH CHILDREN
1,659
ETHNIC BACKGROUND
POPULATION
17,960
Population per Square Mile
1,700.7
Population Change Since 2000
36%
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Contact Office

CENTURY 21 Office CENTURY 21 Commander Realty, Inc.
2708 Highway 77
Panama City, FL 32405
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Additional Comments
The Hotel/Motel property located at 5501 THOMAS Drive, Panama City Beach, FL 32408 is currently for sale. 5501 THOMAS Drive, Panama City Beach is listed for $1,075,000. This property has approximately 6,200 Sq. Ft. . If the property located at 5501 THOMAS Drive, Panama City Beach, FL isn't what you're looking for, search Florida commercial real estate to see other properties for sale or lease in Panama City.