Commercial for Sale: 912-948 THOMAS, Panama City Beach, FL 32408 SOLD

mls #666936
$3,200,000
$3,200,000
912-948 THOMAS, Panama City Beach, FL 32408 SOLD
mls #666936
$3,200,000
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Walk Score
27
Selling Price: $3,200,000
Sold Date: 12/20/2023

Type Commercial
Year Built 2008

City Panama City Beach
County Bay
Subdivision Coastal Palms Commercial

MLS 666936
DOM 2163 days
The Coastal Palms Village Strip Center is a Class A, Retail/Office, 16,169 rentable SF building with tremendous upside. The strip center 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 strip center consists of 10 units with various square footage. Currently 100% of space is occupied. Tenants include Dunkin Donuts, Salty Mermaid, Fatty's Sandwich Shop, Cool Vapors, Nephrology Associates, Fade Away, Fatty Patty's Restaurant and Bakery, and Rose Nails. Current annual income is $307,124.

Community and Schools

Elementary School Patronis
Junior High School Surfside
Senior High School Arnold

Map of 912-948 THOMAS, Panama City Beach, FL

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Listing Last updated . Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. Walk Score map and data provided by Walk Score. Google map provided by Google. Bing map provided by Microsoft Corporation.

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