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6010 Thomas Drive, Panama City Beach
CENTURY 21 Commander Realty, Inc and Adventure Stays are pleased to present two (2) fully functioning boutique hotels with a long-term management master lease option available from sellers. These properties are located on the World's Most Beautiful Beaches-one of the strongest vacation rental markets in the country. The Sea Foam Motel (6010 Thomas Drive) and the Bahama Breeze (618 Evergreen Street) are two strategically positioned assets that provide an excellent guest experience and stay booked solid. Both assets have under gone significant capex improvement recently with a strong on-site and backend management team in place. Current ownership has offered highly favorable master lease terms to the new owners, enabling a low-risk, fully passive avenue into the hospitality asset class.
- MLS® #730389
- Year Built1955
- TypeCommercial Sale
- Address6010 Thomas Drive
- Area03 - Bay County - Beach
- SubdivisionNo Named Subdivision
- CityPanama City Beach
- Zip Code32408
- Listing OfficeCENTURY 21 Commander Realty
Price Change History for 6010 Thomas Drive, Panama City Beach, FL (MLS® #730389)
|Price Reduced (from $7,000,000)||$5,995,000||$1,005,000 (14.36%)|
DISCLAIMER: IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information Source: Bay County Association Of REALTORS® Multiple Listing Service