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 PROPERTY 5711 Highway 98, Panama City, FL 32404, MLS#788472 - CommercialSale
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Hardeep Kumar Yh

HR Moon Homes
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  4. 5711 Highway 98, Panama City, FL 32404
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5711 Highway 98
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PRICED AT ONLY: $11,000,000

Address: 5711 Highway 98, Panama City, FL 32404

Description

Property has been re built from the ground up; so everything is brand new even the parking lot. This opportunity is about 95% complete. The asking price is about half of the true value. 90 rooms and another 6 or so comprising of the Lobby, Electrical, Washer and Dryer area etc. All of the furniture is in and the TV's are hung. It was formerly known as The Labrisa Inn. It is located just down the street from the new Tyndall Air Force Base. More pics and drone footage coming soon...

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More Like This
  • MLS#: 788472 ( CommercialSale )
  • Street Address: 5711 Highway 98
  • Viewed: 2
  • Price: $11,000,000
  • Price sqft: $340
  • Waterfront: No
  • Year Built: 2025
  • Bldg sqft: 32400
  • Acreage: 1.88 acres

Description

Property has been re built from the ground up; so everything is brand new even the parking lot. This opportunity is about 95% complete. The asking price is about half of the true value. 90 rooms and another 6 or so comprising of the Lobby, Electrical, Washer and Dryer area etc. All of the furniture is in and the TV's are hung. It was formerly known as The Labrisa Inn. It is located just down the street from the new Tyndall Air Force Base. More pics and drone footage coming soon...
Request More Information
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Features
Building and Construction
  • Covered Spaces: 0.00
  • Flooring: Concrete
  • Living Area: 0.00
  • Roof: Shingle
Land Information
  • Lot Features: Cleared
School Information
  • High School: Rutherford
  • Middle School: Everitt
  • School Elementary: Tyndall
Garage and Parking
  • Garage Spaces: 0.00
  • Open Parking Spaces: 0.00
  • Parking Features: Paved
Utilities
  • Carport Spaces: 0.00
  • Heating: WindowUnit
  • Sewer: PublicSewer
  • Utilities: SewerAvailable
Finance and Tax Information
  • Home Owners Association Fee: 0.00
  • Insurance Expense: 0.00
  • Net Operating Income: 0.00
  • Other Expense: 0.00
  • Pet Deposit: 0.00
  • Security Deposit: 0.00
  • Trash Expense: 0.00
Other Features
  • Legal Description: 24 4S 14W -67.4- 119D4 BEG WLY COR LOT 7 BAY FRONT U-5 TH NELY 411.42' NWLY 199.89' SWLY 409.42' SELY 200.02' TO POB ORB 3686 P 1089
  • Levels: Two
  • Area Major: 02 - Bay County - Central
  • Occupant Type: Vacant
  • Parcel Number: 25818-040-000
  • Possible Use: HotelMotel
  • The Range: 0.00
Nearby Subdivisions
[no Recorded Subdiv]   Crown Point   No Named Subdivision   Thousand Oaks   W H Parker  

Contact Info

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Hardeep Kumar Yh

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