Remarks

GREAT NEW PRICE, and possible short-term Owner Financing available with substantial down. Spectacular opportunity to own a large piece of waterfront property sitting directly on the GULF OF AMERICA! Located in the heart of Panama City Beach, this 184' of prime GULF FRONT property offers lots of options for re-development. Currently zoned CH (Commercial High Intensity...the same as condos), it will allow for new construction up to 120' in height (must be verified). Due to hurricane damage, this property is being sold AS IS, and for land value only. Located next to Senor' Frog's Restaurant, it is 1/2 mile from Pier Park and the brand-new TOP GOLF, and just at 1 mile from Dolly Parton's Pirates Voyage Dinner Theater. This motel was family run for many years, with the cottage only used as storage and maintenance. There is a concrete seawall in place allowing any new construction to use all of the existing site (as permitting would allow). Sale will include all furnishings and the name/goodwill (minus personal items and tools). Call today to view this fabulous development opportunity. All meas. to be verified.

Details

MLS#: 760263
Price: $6,600,000

Style: Commercial

County: Bay
Subdivision: [no Recorded Subdiv]
Lot Size: 184x200

School Elementary: Hutchison Beach
School Middle: Surfside
School High: Arnold