Panama City, FL 32405,4606 W Highway 98

$521,000

$600,000

13.2%
Est.Price: ?

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Est. payment /mo

0.72 Acres Lot


SOLD DATE : 05/14/2020

Key Details

Sold Price $521,000

Property Type Commercial

Sub Type Other

Listing Status Sold

Purchase Type For Sale

Subdivision Batview Heights Replat

MLS Listing ID 685802

Sold Date 05/14/20

HOA Y/N No

Year Built 1952

Lot Size 0.720 Acres

Acres 0.72

Property Description

This is a rare opportunity to own a unique income producing property located at the revitalized gateway to Panama City. The property is next to Gulf Coast State College, Board of Realtor Convention Center, and Panama City Port. The largest of the 4 buildings is 3240 sqft and currently leased to a strip club. Morality laws against the adult entertainment industry were passed in 90s and only 3 grandfathered strip clubs remain in Panama City. The second building ''honkers'' is 1180 sqft and is built out to be a sandwich shop. Third building is a 2268 sqft house is zoned mixed use on 1805 Baltimore Ave. There is a 4th storage building that is roughly 500 sqft. Lot is two parcels and approx 3/4 acre fronting Hwy 98, Brown Ave, and Baltimore Ave. Private showing. Poles do not convey.

Location

State FL

County Bay

Area 02 - Bay County - Central

Interior

Fireplace No

Exterior

Waterfront No

Building

Entry Level One

Level or Stories One

Schools

Elementary Schools Lucille Moore

Middle Schools Jinks

High Schools Bay

Others

Tax ID 28267-000-000

Acceptable Financing Other, See Remarks

Listing Terms Other, See Remarks

Financing Cash

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Listed by Premier Coastal, Inc.
Bought with Scenic Sotheby's International Realty
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