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$900,000

Beds
3
Baths
1.5
sq ft
2,351

19102 Front Beach Rd, Panama City Beach, FL 32413

19102 Front Beach Rd

Panama City Beach, FL 32413

  • 185 days on market
    • Price drop $50,000↓
Looking for a truly unique commercially zoned (C2 zoning) property with unobstructed views of the gulf? You have found your once in a lifetime opportunity! This unique property, which was once a very beloved local shell shop, is zoned C2, which means that the possibilities for use are many. With the zoning allowing up to 50 feet high structure, you could replace the existing building with a much taller vacation rental house for gorgeous views of the gulf. Potential uses include residential, retail stores, professional services (law office, real estate office, medical office for instance) are also possible uses. The existing building has living quarters in the back and large retail space in the front. City sewer lines have been run across the street, ask your Realtor for the map in documents of this listing showing their exact location for tapping into. The driveway is a shared driveway, legal document for this easement being worked on currently. The parking pad in the back is part of this property.

Details

Property type

Single Family Residence

Est. home value

$376,369

Lot size

5,097 sq ft

Price per sq ft

$383

Year built

1938

Annual property taxes

$2,838

HOA

No

Price History

12/06/2024
CentralPanhandle

CentralPanhandle #758942

Price change
$900,000
-5.26%
07/25/2024
CentralPanhandle

CentralPanhandle #758942

Price change
$950,000
-4.9%
06/20/2024
CentralPanhandle

CentralPanhandle #758942

Listed
$999,000

Schools & Community

Elementary school: 

West Bay

Middle school: 

Surfside

High school: 

Arnold

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Lawrence Family Enterprises Ltd

Loan start date

April 2011

Original loan amount

$97,500

Est. remaining balance

Not provided

Interest rate

6%

Loan type

Seller take-back, 10 year

Seller

Daniel L Pyle

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

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Status: Active

Tomo last checked: 12/23/2024 at 9:25 PM

Listing updated: 12/14/2024 at 7:40 PM

Listed by: Andrea D Owens, Dalton Wade Inc Phone #: (888) 668-8283

MLS: CentralPanhandle #758942

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