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Kerry Jayne Jackson

realtyexpertkerry@gmail.com +1(850) 960-8646

$ 10,450,000

Est. payment -/mo

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Price Dropped by $50K

5711 E Highway 98 Panama City, FL 32404

32,400 SqFt

UPDATED:

Key Details

Property Type Commercial

Sub Type Hotel/Motel

Listing Status Active

Purchase Type For Sale

Square Footage 32,400 sqft

Price per Sqft $322

Subdivision [No Recorded Subdiv]

MLS Listing ID 788472

HOA Y/N No

Year Built 2025

Lot Size 1.880 Acres

Acres 1.88

Property Sub-Type Hotel/Motel

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...

Location

State FL

County Bay

Area 02 - Bay County - Central

Interior

Heating Window Unit

Flooring Concrete

Fireplace No

Exterior

Parking Features Paved

Utilities Available Sewer Available

Roof Type Shingle

Private Pool No

Building

Lot Description Cleared

Story 2

Entry Level Two

Sewer Public Sewer

Level or Stories Two

Schools

Elementary Schools Tyndall

Middle Schools Everitt

High Schools Rutherford

Others

Tax ID 25818-040-000

Special Listing Condition Listed As-Is

Listed by Counts Real Estate Group Inc

Schools and Properties Nearby

Kerry Jayne Jackson

Broker Associate | License ID: 7692

+1(850) 960-8646

Learn More About LPT Realty