5501 THOMAS DR, Panama City Beach, FL 32408 - For Sale

This eleven unit motel is located steps from the beach. It is situated on a little over 1/2 an acre of land and consists of 4 lots. The motel sits on 2 lots number 7 and number 18. The swimming pool is on lot number 6 and is 50 x 115 ft. Lot 5 is vacant and sits next to lot 6 and is also 50 x 115 ft. The front of the motel faces Thomas Drive and the rear is on Gulf Drive. Driveway is on both ends. This prime location is just a few feet away from the public beach access, directly behind the property. The motel is open year round and has been in contiuous operation for over 15 years. There are many other uses for the swimming pool lot and vacant lot since the entire property is zoned Seasonal Resort 2 SR2 which allows a number of uses both commercial and residential. The property is located a short walking distance to some of the beaches best restaurants, bars, shopping and fishing. There are many possibilities for this ideally located motel and property. The future is on the beach now. Grab a piece of paradise that is literally steps to the sand. all measurements are approximate and zoning restrictions should be verified.