Property Listing No Longer Available for Sale

5607 Thomas Drive, West Panama City Beach, FL

Motel for Sale - $1,450,000 - 8,884 Sq. Ft. on 1.58 acres


Property Info

CIMLS#136071
Location
  5607 Thomas Drive
  West Panama City Beach FL 32408
UpdatedFebruary 6th, 2012
TypeMotel
Price$1,450,000
Building8,884 Sq. Ft.
Land1.58 acres

Property Description

Very valuable property with great income potential! The motel rooms range from efficiency, standard w/kitchen, 1 bed suite. 2 Bed suites with the possibility to create 3 bedrooms. Includes office and manager's apartment over office. A Beach Cottage and a remodeled two-story Duplex with a Gulf view sits on the back of the parcel and faces public beach access #10 - potential for more income. There is a nice pool area behind the motel. Four parcels are included in this site: 32320-000-000, 32319-000-000, 32318-000-000, 32326-000-000. The addresses are 5607 Thomas Dr., 5601 Thomas Dr., 5530 Thomas Dr. & 5606 Gulf Dr. Please verify all info. before purchases.


Financials