$3,200,000
Panama City Beach, FL 32407
MLS# 779594
13125 sqft
1 / 12
Property Description
Prime investment opportunity on Panama City Beach Parkway! This 13,125 sq. ft. metal strip center sits on 1.54 acres and offers six versatile rental spaces in varying sizes. Five of the spaces are already leased, with one space currently vacant and ready for a new business, providing additional upside potential. The property is zoned C-3 commercial, allowing for a wide range of business uses. It features ample on-site parking, excellent visibility, and direct frontage along Panama City Beach Parkway with a traffic count of over 100,000 cars per day. Located in the heart of Panama City Beach, this high-traffic corridor is central to the area's busiest commercial activity and just minutes from Pier Park. Rarely does a property of this scale, location, and stability come available—ideal for investors seeking strong rental income with room to grow.
Details
Maps
Contract Info
List Date: 2025-09-24
List Price: $3,200,000
List Price/SqFt: 243.81
Current Price: $3,200,000
Sub-Type: Other
Location
Area: 03 - Bay County - Beach
Street #: 12216
Street Name: Panama City Beach
Street Suffix: Parkway
State: FL
Zip Code: 32407
County: Bay
Sub Area: 0321 - Beach - North Central
Subdivision: No Named Subdivision
Community/Resort: None
Waterfront: No
Parcel ID: 33998-000-000
Elementary School: Hutchison Beach
Middle School: Surfside
High School: Arnold
Directions: West on Back Beach on your right.
Legal Description: 22 3S 16W -4- 37D BEG AT SE COR TH N 336.60' W 209.97' S 346.34' TO NLY R/W OF HWY 98 TH SELY 212.27' TH N 40.60' TO POB ORB 2830 P 1061
General Property Info
List Class: Commercial
Construction Status: Construction Complete
Acreage: 1.54
SqFt Tot Bldg: 13125
Year Built: 1996
Status Change Info
Status: Active
Property Features
Energy: AC - 2 or More; AC - Central Elect
Financing: Cash
Present Zoning: Commercial
Sale Type: As Is
Site Description: Retention Pond; Site - Strip Mall
Utilities: Electricity - Connected; Public Sewer - Connected; Water Connected
Listing Office: EXP Realty LLC
Last Updated: September - 26 - 2025
Information deemed reliable but not guaranteed.