30.151691 -85.74772

3123 Thomas Drive Panama City, FL 32408

234233746 30.151691 -85.74772 2142 /listing/234233746-150362835/3123-thomas-drive-panama-city-fl-32408 False 0 1675000.0 7600 101 681545 True
  • $1,675,000
  • 7,600 sqft
  • Est payment $8991.76/mo

Property & Neighborhood Info

Courtesy Of Counts Real Estate Group, Inc

Commercial in Panama City Beach

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.

Courtesy Of Counts Real Estate Group, Inc
  1. 7,600 Sq. Ft.

Main Features

  • Listing Status: Active
  • Year Built: 2004
  • Floors: 1.5
  • School District: Patronis
  • School District2: Surfside
  • School District3: Arnold
  • County: Bay
  • Subdivision: No Named Subdivision
  • MLS Number:681545

Additional Features

  • Range:
    • 15W
  • Commercial Type:
    • Commercial
  • Construction:
    • Floor - Concrete
    • Floor - Tile
    • Floor - W/W Carpet
    • Foundation - Slab on Grade
    • Roof - Dimensional Shg
    • Roof - Membrane
    • Roof - Metal
    • Siding - Stucco
    • Wood/Frame
  • Construction Status:
    • Construction Complete
  • Number Of Units:
    • 6
  • Occupancy Status:
    • Occupied
  • Property Subtype:
    • Income Producing
  • Acres:
    • 0.77
  • Site Description:
    • Corner Location
  • Sub- Area:
    • 0319 - Beach - East
  • Energy:
    • AC - 2 or More
  • Heating/Cooling:
    • AC - Entire
  • Utilities:
    • All Utilities
    • Electric 220/240
    • Electric On Site
    • Gas - Available
    • Phone
    • Public Sewer
    • Public Water
    • TV Cable
  • Transportation/Access:
    • 2-Lane
    • 5 or More Lanes
    • Center Turn Lane
  • Community:
    • None
  • Township:
    • 4S
  • Zoning:
    • Commercial
    • County
  • Financing:
    • Conventional
  • Income Property:
    • Retail
  • 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
  • HOA Fee:
    • No
  • Price Per SQFT:
    • 220.39
Neighborhood info courtesy of Homes.com © 2019

What's My Mortgage?

$38,769.95*
*Estimated monthly payment is a starting point to help assist you with your home search. To find out more about mortgage pre-qualification, click here.
Chris McCall
Chris McCall
Senior Director
Daniel Dunnivant
Daniel Dunnivant
REALTOR®
2104 Thomas Drive Panama City Beach FL 32408
Request More Info
30.151691 -85.74772

3123 Thomas Drive Panama City, FL 32408

234233746 30.151691 -85.74772 2142 /listing/234233746-150362835/3123-thomas-drive-panama-city-fl-32408 False 0 1675000.0 7600 101 681545 True
  • $1,675,000
  • 7,600 sqft
  • Est payment $8991.76/mo