7724 Front Beach Rd - Restaurant FOR SALE


Panama City Beach, FL 32407
$2,200,000 USD
850-774-8944
7724 Front Beach Rd, Panama City Beach, FL for Sale
$2,200,000 USD
Restaurant - FOR SALE
1/23
null | Request Cap Rate

7724 Front Beach Rd
Panama City Beach, FL 32407


HIGHLIGHTS

  • Great development opportunity: 318-linear feet of frontage on Front Beach Rd.
  • High visibility: passed by 24,800 daily drivers via Panama City Beach Parkway.
  • 30,900 residents reside within 3-square mile radius of property: forecasts predict that this area will experience 11% growth between '24-'29.

OVERVIEW

Great development property located in Panama City beach. Approximately 1.75 acres located at signalized intersection. 35,000 cars per day travel by this site. 9,100 square foot closed restaurant currently located on property with parking for 118 cars. General C-3 zoning. 15 units/acre, building height up to 230'. 300'+ of frontage on Front beach road and 250' on Thomas Drive/Bay point exit lane. Close to Hawthorn Suites and a Fairfield Inn and Suites. Near new PCB Sports Complex.

FOR SALE DETAILS

PRICE

$2,200,000 USD

PRICE/SF

$242 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

ADD'L SUBTYPES

Medical

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1985

SPRINKLERS

-

PARKING SPACES

106

LAND DETAILS

LAND ACRES

1.59 AC

LAND SF

69,260 SF

ZONING

C-3

APN/PARCEL ID

27868-060-000

ASK ABOUT THIS PROPERTY

Frank TrenholmColdwell Banker Commercial RealtyMore Info
850-774-8944

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Frank TrenholmColdwell Banker Commercial RealtyMore Info
850-774-8944

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.