$2,350,000
Panama City, FL 32404
MLS# 776126
7919 sqft
1 / 16
Property Description
Incredible Investment Opportunity! This income-producing commercial property features three freestanding buildings situated on a high-visibility corner lot along N Tyndall Parkway in Panama City, FL. Generating a Net Operating Income of $162,000 annually, this fully leased property offers immediate cash flow and long-term value. Positioned in a high-traffic corridor with strong commercial activity, this property is ideal for investors seeking stable returns or a 1031 exchange. Tenants enjoy excellent access, on-site parking, and prime frontage on one of the area's busiest thoroughfares. Zoned for flexible commercial use, this property is minutes from Tyndall Air Force Base, Walmart, and numerous national and local retailers. This Sale consists of Three Parcels. Don't miss this rare chance to own a high-performing asset in a rapidly growing market.
Details
Maps
Contract Info
List Date: 2025-07-11
List Price: $2,350,000
List Price/SqFt: 296.75
Current Price: $2,350,000
Sub-Type: Other
Location
Area: 02 - Bay County - Central
Street #: 1320
Street Direction: N
Street Name: Tyndall Parkway
Street Suffix: Parkway
State: FL
Zip Code: 32404
County: Bay
Sub Area: 0202 - Bay - Central SE
Subdivision: [No Recorded Subdiv]
Community/Resort: None
Waterfront: No
Parcel ID: 14918-000-000
Elementary School: Callaway
Middle School: Everitt
High School: Rutherford
Directions: Head east on FL‑390 (Veterans Memorial Blvd) toward Panama City.
Continue 6 miles until you reach the interchange with US‑231/US‑98 Business.
Take the ramp onto US‑231 N/US‑98 Business N toward Lynn Haven/Panama City.
stay on US‑98 Business N for ~5 miles, crossing into Panama City.
Gary's will be on your right at 1320 N Tyndall Parkway (just after you pass Cypress Ave)
Legal Description: 1 4S 14W -8- 118A1 N1/2 OF E1/2 OF SE1/4 OF NE1/4 OF NE1/4 LESS 30' R/W OFF N END TO CO LESS RD R/W LESS PCL ORB 3712 P 1906, 1 4S 14W -8.1A- 118A1 BEG AT SE COR OF N1/2 OF E1/2 OF SE1/4 OF NE1/4 OF NE1/4 W 200.61' TO E R/W SR 30A NWLY 80' NELY 92.99' NELY 152.94' TO E LINE OF SEC S 104' TO POB ORB 3712 P 1906, 1-4S-14W-6-118A1 BEG NE COR OF W1/2 OF SE1/4 OF NE1/4 OF NE1/4 S 113.5' M/L NWLY ALG
General Property Info
List Class: Commercial
Construction Status: Construction Complete
Acreage: 1.83
SqFt Tot Bldg: 7919
Year Built: 2005
Status Change Info
Status: Active
Property Features
Energy: AC - 2 or More
Listing Office: Think Real Estate
Last Updated: July - 11 - 2025
Information deemed reliable but not guaranteed.