9860 S Thomas Dr, Unit 1221 Panama City Beach, FL 32408
- Investment properties
- 568 SF
Current Use by Public Records
- Investment properties
Property Details for 9860 S Thomas Dr
- Year built
- 2007
- Property size
- 568 SF
- Property type
- Investment properties
- Property subtype
- Retail residential properties
- APN
- 40001-000-766
- APU
- 40001000766
Description
This exceptional investment opportunity presents Lulu's Bar and Resto, a thriving restaurant and full-service bar located in the desirable Lake Town Wharf area of Panama City Beach, Florida. Built in 2007, this meticulously designed establishment boasts a contemporary aesthetic and a diverse menu, catering to a wide range of clientele. The fully equipped bar features a sophisticated design, complemented by floor-to-ceiling windows offering scenic views. Both indoor and outdoor seating options provide versatility for various events, from casual dining to private functions and corporate gatherings. Lulu's is a turnkey operation, including all fixtures, equipment, and necessary licenses. Financial details and growth projections are available to qualified buyers. The property's strategic location within Lake Town Wharf ensures continued success. This is a rare chance to acquire a well-established business with a proven track record, poised for continued growth. An option to purchase the restaurant only is also available. The asking price is $1,350,000. The address is 9860 S Thomas Drive, Panama City Beach, FL 32408.
Value Estimations
-
AI approach
- Method
- Estimation
- Statistic approach
- $725,000
- ML approach
- $765,000
Get a detailed, property-specific valuation — fast and free
Location Insight
- Map
- Local Demand
- City
- Panama City Beach
- County
- Bay
- State
- Florida
- Longitude
- -85.8043
- Latitude
- 30.1772
- CBSA code
- 37460
- CBSA name
- PANAMA CITY-LYNN HAVEN, FL METROPOLITAN STATISTICAL AREA
