Price	$3,490,000
Beds
Baths
Home size	sq ft
Lot Size
Days on Market	136

711 BEACH DR W, PANAMA CITY, FL 32401 (MLS # 607950)

RARE OPPORTUNITY.................. To own large tract of St. Andrew Bay water frontage that includes over three (3) acres and has 800' with white sandy beach, which is zoned general commercial with 45 unit per acre density and located at the Western gateway of the downtown CRA (Community Redevelopment Authority) that will allow the buyer / developer to take full advantage of current revitalization taking place in downtown Panama City, FL. The property is currently fully operational as the Buccaneer Beach Motel & Bar & Grill. Consisting of Five (5) Buildings - 54,062 SF total; built in 1960; concrete foundation, roof and walls and seawalls; restaurant is brick and frame w/fire pit; 90 kings or doubles, 11 suites, 101 total units and 10,500 square foot restaurant/bar with up to 290 seats; full 4-COP/S license for serving liquor or package sales: Gross Income Over $1.2 million and growing every year. POSSIBLE USES: 125 condo units or separate into restaurant with West wing of rooms plus space to build 70 unit bay front motel or 40,000 square foot Class "A" office building or breakup into 12 bay front lots. Owners have conceptuals available on above uses, plus layout for a small pier which will connect to deep water for boat access. More information about the Motel / Bar & Grill is available - see Realtor remarks.

Property Type(s):

Last Updated	Nov 12, 2013	Stories
Year Built	1960	Community
Garage Spaces		County	BAY
Total Parking		Walk Score ®

Additional Details

Acres	3.180000	Assoc Dues
Assoc Term		County
Cross Streets		Lot #
Lot Dimensions		TGNO
Model Code		Model Name
# Garages		Stories
AP #		Tract #

Features

Energy
Construction Status	N/A
Construction
Style
Appliances
Exterior
HOA Included
Interior
Leases
Room Descriptions
Parking
Facilities
To Show
Utilities
Waterfront
Water View
Internet	All
Sale Type

Location

Listed with Counts Real Estate Group Inc

View all details for: MLS # 607950

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