1.62 Acres on the Gulf of Mexico. This is a bank REO property for immediate sale "as-s" with no warranties or representations. The existing improvements include the 48-Unit Beach Club Motel and two single-family residential structures on the north side of Front Beach Road. The motel will stay open through Labor Day Weekend and will close in September. No value is placed on the existing structures. The Gulf-front parcel has 230' of water-frontage and is 0.68 acres. The property located on the north side of front beach road is comprised of #4 additional parcels (34930-000-000, 34929-000-000, 34936-000-000, 34937-000-000) totaling 0.94 acres. The current land use is T-2, Professional & Retail Sales and T-3, Accomodations & Retail Sales within the City limits of Panama City Beach.