5501 THOMAS DR, PANAMA CITY BEACH, FL 32408

$1,500,000
Commercial Property MLS# 615955 ID: 26399248
$1,500,000 Get Rates

This eleven unit motel is located steps from the beach. It is situated on a little over 1/2 an acre of land and consists of 4 lots. The motel sits on 2 lots number 7 and number 18. The swimming pool is on lot number 6 and is 50 x 115 ft. Lot 5 is vacant and sits next to lot 6 and is also 50 x 115 ft. The front of the motel faces Thomas Drive and the rear is on Gulf Drive. Driveway is on both ends. This prime location is just a few feet away from the public beach access, directly behind the property. The motel is open year round and has been in contiuous operation for over 15 years. There are many other uses for the swimming pool lot and vacant lot since the entire property is zoned Seasonal Resort 2 SR2 which allows a number of uses both commercial and residential. The property is located a short walking distance to some of the beaches best restaurants, bars, shopping and fishing. There are many possibilities for this ideally located motel and property. The future is on the beach now. Grab a piece of paradise that is literally steps to the sand. all measurements are approximate and zoning restrictions should be verified.

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Property Features for 5501 THOMAS DR
Status
Market Status
Available
Last Updated
July 28, 2014
Description
Property Type
Commercial Property
Year Built
1957
Stories
1.0
Approx. Lot Size
0.53 Acres

Building Features

  • Roof: Shingle Roof

Interior Features

  • Floors: Terrazzo Floors

Location

  • MLS Area: Bay County-Beach

Data Provided by Bay County Association of REALTORS Inc

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Janet Dowgul, Panama City Beach Real Estate
  • Janet Dowgul
  • American Hospitality Brokers
  • 206 S. Arnold Road
    Panama City Beach, FL 32413

Data Provided by:
Bay County Association of REALTORS Inc


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More information about this $1,500,000 Commercial Property at 5501 THOMAS DR

This $1,500,000 Commercial Property at 5501 THOMAS DR in PANAMA CITY BEACH, FL is listed by Janet Dowgul. This $1,500,000 Commercial Property, located in the 32408 zip code, has the following property features: Floors, MLS Area, Roof. This 5501 THOMAS DR Commercial Property, located in Bay County , is listed under MLS listing number 615955 and has a listing price of $1,500,000. You can find more of Janet Dowgul's listings by browsing Janet Dowgul homes for sale at HomesAndLand.com, or even more PANAMA CITY BEACH homes for sale here.