$2,200,000
Panama City Beach, FL 32413
MLS# 782722
Status: Pending
3380 sqft
1 / 32
Property Description
Prime Multi-Parcel Investment with Operating Restaurant on Front Beach Road Exceptional opportunity to acquire five parcels being sold together (Parcel IDs: 36556-010-000 | 36554-010-000 | 36554-072-000 | 36556-000-000 | 36557-000-000), including a fully operational restaurant, Pho Pier 77, with an existing lease in place through 2029. The land and building convey with the sale, along with select equipment currently located within the restaurant building (to be confirmed), offering immediate income with long-term stability. Located at 19932 Front Beach Rd, Panama City Beach, FL 32413, the property benefits from a high-visibility position along one of Panama City Beach's primary commercial corridors. Front Beach Road is a major artery serving both residents and the area's strong tourism base, providing consistent traffic exposure and accessibility. Location Highlights & Area Amenities: Proximity to the Gulf of Mexico: Just moments from Panama City Beach's renowned white-sand beaches and public beach access points. Strong Tourism Market: Situated in a well-established coastal destination known for year-round visitors, seasonal events, and recreational attractions. Surrounding Development: The area features a mix of commercial, hospitality, and residential properties, supporting steady demand and visibility. Accessibility: Convenient access to major roadways and within a reasonable drive of Northwest Florida Beaches International Airport. Future Potential: Additional parcels included in the sale may offer future development, expansion, or land-banking opportunities, subject to zoning and local approvals. This offering presents a rare combination of income-producing property and additional land holdings in a highly desirable beach market, making it well-suited for investors, developers, or owner-users seeking long-term upside. Do not disturb tenants. Additional details regarding lease terms, financials, and equipment list available upon request with executed confidentiality agreement.
Details
Maps
Contract Info
List Price/SqFt: 650.89
List Date: 2025-12-05
List Price: $2,200,000
Current Price: $2,200,000
Sub-Type: Land
Location
Sub Area: 0324 - Beach - West Central
Community/Resort: None
Waterfront: No
Business Name: Pho Pier 77
Elementary School: West Bay
Middle School: Surfside
High School: Arnold
Directions: heading west on front beach road, property is to your right
Area: 03 - Bay County - Beach
Street #: 19932
Street Name: Front Beach
Street Suffix: Road
State: FL
Zip Code: 32413
County: Bay
Subdivision: [No Recorded Subdiv]
Parcel ID: 36557-000-000
Legal Description: 10 3S 17W -1.3A- 13D4 COM SW COR L-1 B-28 2ND ADD LAG BCH TH WLY 250' FOR POB TH W 60' N 100' E 60' S 100' TO POB ORB 3668 P 782
General Property Info
List Class: Lots/Land
Acreage: 0.47
Construction Status: Construction Complete
SqFt Tot Bldg: 3380
Year Built: 1968
Listing Info, Tax and Legal
HOA Fee: No
Remarks & Misc
Remarks: Prime Multi-Parcel Investment with Operating Restaurant on Front Beach Road
Exceptional opportunity to acquire five parcels being sold together (Parcel IDs: 36556-010-000 | 36554-010-000 | 36554-072-000 | 36556-000-000 | 36557-000-000), including a fully operational restaurant, Pho Pier 77, with an existing lease in place through 2029. The land and building convey with the sale, along with select equipment currently located within the restaurant building (to be confirmed), offering immediate income with long-term stability.
Located at 19932 Front Beach Rd, Panama City Beach, FL 32413, the property benefits from a high-visibility position along one of Panama City Beach's primary commercial corridors. Front Beach Road is a major artery serving both residents and the area's strong tourism base, providing consistent traffic exposure and accessibility.
Location Highlights & Area Amenities:
Proximity to the Gulf of Mexico: Just moments from Panama City Beach's renowned white-sand beaches and public beach access points.
Strong Tourism Market: Situated in a well-established coastal destination known for year-round visitors, seasonal events, and recreational attractions.
Surrounding Development: The area features a mix of commercial, hospitality, and residential properties, supporting steady demand and visibility.
Accessibility: Convenient access to major roadways and within a reasonable drive of Northwest Florida Beaches International Airport.
Future Potential: Additional parcels included in the sale may offer future development, expansion, or land-banking opportunities, subject to zoning and local approvals.
This offering presents a rare combination of income-producing property and additional land holdings in a highly desirable beach market, making it well-suited for investors, developers, or owner-users seeking long-term upside.
Do not disturb tenants. Additional details regarding lease terms, financials, and equipment list available upon request with executed confidentiality agreement.
Financing
Cash: 1
Conventional: 1
Present Zoning
General Commercial: 1
Waterview
Gulf: 1
Sale Type
As Is: 1
Business Only
Year Built: 1968
Building SqFt: 3380
Floors in Unit/Home
One: 1
Heating/Cooling
AC - Central: 1
Land
Property Type: Commercial
Offering Type
Other - See Remarks: 1
Pricing Type
Sale Price: 1
Transport. Access
2-Lane: 1
Status Change Info
Status: Pending
Under Contract Date: 2026-03-13
Property Features
Financing: Cash; Conventional
Offering Type: Other - See Remarks
Pricing Type: Sale Price
Present Zoning: General Commercial
Sale Type: As Is
Waterview: Gulf
Listing Office: Think Real Estate
Last Updated: March - 25 - 2026
Information deemed reliable but not guaranteed.