5711 E Highway 98, Panama City, FL 32404

$10,450,000

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List Price
$10,450,000
Status
ACTIVE
Price Change
▼ $50,000 1781585107
MLS#
788472
Subtype
Commercial Sale
Year Built
2025
Lot Size
81,892
Acres
1.88
Subdivision
[No Recorded Subdiv]
Neighborhood
Bay - Central SE
MLS Area Major
Bay County - Central

Property 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...

Additional Information

Zoning
General Commercial
Flooring
Concrete
Heating
Window Unit
Exterior Construction
Block, Concrete, Vinyl Siding
Stories
2
Levels
Two
Roof
Shingle
Parking
Paved
Elementary School
Tyndall
Middle School
Everitt
High School
Rutherford

Mortgage Calculator

Amount of Loan
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Calculator source: Real Geeks

Listing courtesy of Counts Real Estate Group Inc.