$4,500,000
Panama City Beach, FL 32413
MLS# 747054
Status: Sold
33821 sqft
1 / 32
Property Description
Presenting a prime commercial real estate opportunity: A spacious 33,000 SQ. FT. building nestled on an expansive 3.5-acre lot, boasting an impressive 225' of frontage along the prestigious Panama City Beach Parkway. This property offers unparalleled visibility and effortless accessibility, thanks to its strategic location with direct access via the Parkway, a convenient median cut, and an additional rear entrance accessible from Ashley Drive within the esteemed Beach Commerce Park. Constructed in 1996, this versatile building holds a dual zoning status, with a commercial designation for the front portion and a Light Industrial zoning for the rear. Inside, you'll find a generous 16' eave height, perfectly suited for various business needs. For logistical ease, the property features 3 loading bays, each equipped with 14' x 16' roll-up doors. Moreover, a substantial 20' x 16' loading door with a ramp enhances accessibility on the Northside.
Details
Maps
Contract Info
List Date: 2023-09-20
List Price: $5,250,000
List Price/SqFt: 155.23
Current Price: $4,500,000
Sub-Type: Other
Location
Area: 03 - Bay County - Beach
Street #: 17500
Street Name: Panama City Beach
Street Suffix: Parkway
State: FL
Zip Code: 32413
County: Bay
Sub Area: 0322 - Beach - North West
Subdivision: No Named Subdivision
Community/Resort: None
Waterfront: No
Parcel ID: 38328-010-000
Elementary School: West Bay
Middle School: Surfside
High School: Arnold
Directions: From the intersection of Hwy 79 and Panama City Beach Parkway, take Panama City Beach Parkway West to property on Right.
Legal Description: 13 3S 17W -3.1A1- 21A1 COMM AT TH NW COR OF GOVT LOT 2 TH E 364.3' FOR POB TH CONT E 205.60', S 338.05' TO N ROW LI OF US HWY 98 TH N66W ALG ROW LI 62.44', N65W 159.69', N 253.66' TO POB ORB 4568 P 692
General Property Info
List Class: Commercial
Construction Status: Construction Complete
Acreage: 3.57
SqFt Tot Bldg: 33821
Year Built: 1996
Status Change Info
Status: Sold
Under Contract Date: 2025-06-20
Sold Date: 2025-08-29
Sold Price: $4,500,000
Sold Price/SqFt: 133.05
Sold Price/Acre: 1260504.2
Property Features
Energy: AC - 2 or More; AC - Central Elect; Ceiling Fans
Financing: Cash; Conventional
Offering Type: Sale Only
Present Zoning: Commercial; Industrial Light
Site Description: Aerials Available; Survey
Utilities: Electric 220/240; Electricity - Availabile; Electric-3 Phase; Public Sewer - Connected; Water Connected
Listing Office: Performance Realty
Last Updated: September - 01 - 2025
Information deemed reliable but not guaranteed.