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H813 Beach Condo Hotel Project (ID: 14629)
Hotels Over 100 Rooms | Panama City Beach, Florida, United States |
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| Price: |
USD 24,250,000 |
| Status: |
Active |
| Rooms: |
151 |
| Year Built: |
2008 |
| Lot: |
74000 SF |
| Construction: |
503591 SF |
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Property Description |
Paradise Beach Resort & Spa is a planned development fronting on the Gulf of Mexico in Florida. The project consists of 11 parcels of land totaling 1.7 acres in Panama City Beach. The owners have submitted plans to the regulatory authorities and received partial approval for developing a 22-story structure in which 151 condominium residences can be created. Three structures are planned:
• 6-Level Parking Garage of 130,000 sq/ft for 280 Autos
• 1,000 sq/ft HVAC Crossover from Parking Garage to Tower
• Tower with 373,591 sq/ft of which 108,591 sq/ft is core area
Legendary worldwide for its beautiful beaches and subtropical climate, Panama City Beach is a natural draw for those seeking warmth and sunshine. Sugar white sands and emerald green waters provide a picturesque scene for vacationers to the Panama City Beach area. The soft sand is actually quartz crystals, which over time have been broken down, bleached, polished and deposited on the shoreline. This natural process has made Panama City Beach home to the "World's Most Beautiful Beaches."
Panama City Beach has experienced an explosion of development along its Gulf-of-Mexico frontage road. The white sugar sand beaches and emerald-colored gulf waters are the main draw to the area for tourists, vacationers, empty nesters, and investors. Additionally, an international airport is being developed that will provide easy access to the area from virtually anywhere in the world. Last November, CNN Money Magazine released the results of its study of the best places to invest in real estate, and Panama City and its surrounding area was rated number one in the United States for investment.
For more details, you MUST sign a Non-Disclosure Agreement (NDA). Click on "Make Inquiry." Fill out the on-line form. This will produce an NDA for immediate download and faxing to 1-727-499-7520. Once received, the listing agent will call you.
Prime Sites USA, LLC, Carl Carlsson, Broker
Florida Lic.Real Estate Corp CQ-1009311
31564 U.S. Highway 19 North
Palm Harbor, FL 34684
Tel: 727-771-9000 / Fax:727-499-7520
Mailing Address: PO Box 327, Palm Harbor, FL 34682
Reg. Costa Rica Corp 3-101-445293
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