2505 ThomasPanama City Beach, FL 32408

Off market
$3,353,400 Estimated
  • Retail space
  • 3,585 SF

Property Details for 2505 Thomas

Year built
1962
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Lot size
0.33 AC
Property size (Sq ft)
3,585 SF
Zone code
BC05
Property type
Retail space
APN
31085-000-000
APU
31085000000

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $964,246
    6.5%
    $890,073
    7%
    $826,497
  • Comparable approach

    Method
    Valuation
    Relative Method
    $642,241
    Geo Method
    $642,241
  • Alternative Use

    Use
    Valuation
    Residential
    $750,810
    Hospitality
    $687,738
    Educational
    $572,190
    Medical
    $591,868
    Retail
    $890,073
2505 Thomas, Panama City Beach, Florida

Location Insight

City
Panama City Beach
County
Bay
State
Florida
Latitude
30.1594
Longitude
-85.7538
CBSA code
37460
CBSA name
PANAMA CITY-LYNN HAVEN, FL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$3,441
$145,800
$113,435
$259,235
-
$145,800
$113,435
$259,235

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