$1,900,000
$300K PRICE DROP

Estimated payment $11,037/month

Total Views 96,887
-- Bed
-- Bath
9,113 Sq Ft
$208 Price per Sq Ft

About This Home

Premier location in Panama City Beach with great visibility. Located on heavily trafficked area. Approximately 35,000 cars pass by this property. Property consists of a 10,446 sq ft establishment on 1.75 acre. Property is zoned C3. 118 parking spots. Air rights up to 230 feet. There are 12 hoods in two of the dining rooms. This is a fantastic investment in a thriving area—schedule your showing today!

LEASE AVAILABLE! $10,000 a month NET.

Note: some pictures were taken when the restaurant was open and do not reflect the current condition.

Listing Agent

Frank Trenholm

Coldwell Banker Realty Listed on: 10/14/2024

Coldwell Banker Realty

Co-Listing Agent

Anastasiia Dmytrenko

Coldwell Banker Realty License #SL3591988

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $12,039

Year Built

  • Built in 1985

Lot Details

  • 1.75 Acre Lot

Schools

  • Breakfast Point Elementary And Middle School
  • Arnold High School

Community Details

  • No Home Owners Association

Property Details

Property Type

Other

Est. Annual Taxes

$12,039

Year Built

Built in 1985

Lot Details

0

Listing Details

  • Property Type: Commercial Sale
  • Year Built: 1985
  • Property Sub Type: Other
  • Lot Size Acres: 1.75
  • Co List Office Mls Id: BSA2
  • Co List Office Phone: 850-234-6696
  • Subdivision Name: [No Recorded Subdiv]
  • Property Sub Type Additional: Other
  • Special Features: None

Interior Features

  • Possible Use: Restaurant

Condo/Co-op/Association

  • Association: No

Schools

  • Middle Or Junior School: Breakfast Point

Lot Info

  • Lot Size Sq Ft: 76230.0
  • Mobile Dim Units: Feet

Multi Family

  • Number Of Units Furnished: Partially

MLS Schools

  • Elementary School: Breakfast Point
  • High School: Arnold

Map

Range of Values:

Collateral Analytics

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ICE

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $12,039 $938,937 $825,760 $113,177
2023 $12,039 $946,953 $825,760 $121,193
2022 $8,488 $695,584 $0 $0
2021 $7,784 $632,349 $397,000 $235,349
2020 $7,893 $632,349 $397,000 $235,349
2019 $8,165 $646,458 $397,000 $249,458
2018 $8,292 $646,458 $0 $0
2017 $8,614 $667,622 $0 $0
2016 $8,770 $667,622 $0 $0
2015 $9,384 $695,840 $0 $0
2014 $9,744 $724,058 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/17/2025 06/17/25 Price Changed $1,900,000 -4.8% $208 / Sq Ft
04/02/2025 04/02/25 Price Changed $1,995,000 -9.3% $219 / Sq Ft
10/12/2024 10/12/24 For Sale $2,200,000 -- $241 / Sq Ft
Source: Central Panhandle Association of REALTORS®

Mortgage History

Date Status Loan Amount Loan Type
Closed $100,000 Commercial
Closed $300,000 Commercial
Source: Public Records

About the Listing Agent

Frank Trenholm

Coldwell Banker Realty

(850) 605-8927

Section Image

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    SHORT SALE. Introducing a stunning Craftsman-style house located in a gated community on the west end of Panama City Beach. This exceptional location offers a convenient and central position between Pier Park and 30A area. Enjoy the abundance of shopping, dining and entertainment options at Pier Park, while also being able to explore the beautiful beaches and charming coastal communities of

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Source: Central Panhandle Association of REALTORS®

MLS Number: 763807

Central Panhandle Association of REALTORS®

APN: 27868-060-000