912-948 THOMAS Drive
Panama City Beach, FL
$3,800,000
The Coastal Palms Village Strip Center is a Class A, Retail/Office, 16,169 rentable SF building with tremendous upside. The strip center is constructed of concrete poured block and steel beam supported ceilings. The roof is tile and one-piece member of rubber. It is equipped with a complete fire sprinkler system and is monitored on a 24/7 basis. The complex also has ample parking and excellent signage on Thomas Drive. The strip center consists of 10 units with various square footage. Currently 100% of space is occupied. Tenants include Dunkin Donuts, Salty Mermaid, Fatty's Sandwich Shop, Cool Vapors, Nephrology Associates, Fade Away, Fatty Patty's Restaurant and Bakery, and Rose Nails. Current annual income is $307,124.
| MLS# | 666936 |
| Property Type | Other |
| Listing Status | Closed |
| Bedrooms | 0 |
| Bathrooms | 0 full, 0 half |
| H/C Sqft | 0 |
| Acreage | $1.00 in |
| Year Built | 2008 |
| Stories | 1 |
Location Information
| Waterfront | No |
| Elementary School | Patronis |
| Middle School | Surfside |
| High School | Arnold |
| Zip Code | 32408 |
| Sub-area | Beach - East |
| Subdivision | Coastal Palms Commercial |
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