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$ 1,650,000
Est. payment | /mo
0.76 Acres Lot
$ 1,650,000
Est. payment | /mo
0.76 Acres Lot
Key Details
Property Type Commercial
Sub Type Other
Listing Status Active
Purchase Type For Sale
Subdivision Crescent Beach Unit 1
MLS Listing ID 754973
HOA Y/N No
Year Built 1997
Lot Size 0.760 Acres
Acres 0.76
Property Description
CURRENTLY UNDER CONTRACT, SELLER WILL CONSIDER BACKUP OFFERS Practically Brand New Commercial Investment situated in the bustling heart of Panama City Beach right across from the worlds most beautiful beaches now boasts 94 BRAND NEW Storage Units meticulously constructed with Spray Foam insulation. Offering a blend of Indoor Climate Controlled Units, alongside Outdoor units, these spaces are primed for immediate rental, enabling you to tap into a lucrative stream of passive income. Nestled on Thomas Drive, a central location in Panama City Beach, this property includes two recently renovated Offices, ideal for accommodating your next tenant or for owner occupancy. With a suite of upgrades including a New Roof, Fresh Siding, Vibrant Paint, Secure Gates, state-of-the-art Storage Units featuring Spray Foam insulation, and a revitalized Landscape complete with a sprinkler system, this property stands as a Turn Key investment opportunity.This exceptional property seamlessly integrates practical design with operational efficiency. With ample parking space for 11 vehicles and a flexible layout housing 94 storage units alongside two fully functional commercial offices, this property caters to individuals with a discerning business acumen.Moreover, the potential of this commercial complex extends beyond its current offerings. Envision tailoring the property's features to suit your specific needs, whether it entails reconfiguring office spaces to align with your business model or capitalizing on the rental potential of the available storage units, yielding a passive income exceeding $15,000 per month!
Location
State FL
County Bay
Area 03 - Bay County - Beach
Interior
Heating Central, Electric
Cooling Central Air, Electric
Fireplace No
Exterior
Utilities Available Sewer Available, Water Available
Waterfront No
Roof Type Metal
Building
Entry Level One
Sewer Public Sewer
Water Public
Level or Stories One
Additional Building Storage
Schools
Elementary Schools Patronis
Middle Schools Surfside
High Schools Arnold
Others
Tax ID 30875-000-000
Listed by Think Real Estate
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