Multi-Tenant Retail Medical Office
For Lease
$35 SF/Yr NNN + CAM $6 /SF/Yr
11697 PANAMA CITY BEACH Parkway, Panama City Beach, FL 32407
Commercial Lease, PANAMA CITY BEACH, FL
Space SizeContact for details
Lot Size1.68 Acres
Days on Market338
Property Features for 11697 PANAMA CITY BEACH Parkway
General Information
Property type
Commercial Lease
Property subtype
Retail
Property condition
Under Construction
Zoning
T-4
Directions
Located directly off Panama City Beach Parkway.
Subdivision
32407 - Panama City Beach
Standard status
Active
APN
34034-005-007
Lot size
1.68 Acres
Taxes and HOA fees
Tax Year
2024
Tax Description
26 3S 16W 47B COM AT INT OF S BNDRY OF NW1/4 WITH TH ELY R/W ALF COLEMAN RD TH NELY 881.06' TO SLY R/W PCB PKWY TH SELY 953.72' TO GP R/W TH S 280.11' FOR POB TH NELY 100' N 19.37' NELY 130.79 NELY 25.25' SELY 64' SWLY 25.25' SWLY 189.94' S 53.67' W 100' S 14.06' NWLY 11.58' SWLY 36.90' SWLY 28.70' SWLY 31.34 SWLY 49.64' SWLY 9.25' SWLY 30.52' SWLY 29.91' NWLY 402.98 ' NEL
Tax Annual Amount
4953
Legal Description
26 3S 16W 47B COM AT INT OF S BNDRY OF NW1/4 WITH TH ELY R/W ALF COLEMAN RD TH NELY 881.06' TO SLY R/W PCB PKWY TH SELY 953.72' TO GP R/W TH S 280.11' FOR POB TH NELY 100' N 19.37' NELY 130.79 NELY 25.25' SELY 64' SWLY 25.25' SWLY 189.94' S 53.67' W 100' S 14.06' NWLY 11.58' SWLY 36.90' SWLY 28.70' SWLY 31.34 SWLY 49.64' SWLY 9.25' SWLY 30.52' SWLY 29.91' NWLY 402.98 ' NEL
Utilities
Cooling system
Central Air
Building Details
Year built
2026
Building materials
Block, Metal Frame
Listing Agency:
COMMERCIAL REAL ESTATE PROF IN
(407) 737-9797
Listed By:
Mark Allen
(407) 737-9797
Added: Sep 26, 2025
Changed: Aug 19
Last Checked: Aug 29 at 3:06PM
MLS# O6347694
Copyright © 2026 Stellar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
Under Construction. This forthcoming multi-tenant retail/medical/office space is being built on a strip center block structure delivered as a gray shell, with additional work coordinated as tenants commit. The total project area is 7,766 square feet and can be leased as a whole or divided. Zoning is T-4 and permits retail, medical, and office uses.
The build permit has been obtained, with groundbreaking projected for early August 2025 and a projected completion date of June 30, 2026. The gray shell is expected to be completed within six months, with an anticipated timeline of March 2026 or sooner. The electric is under Phase 3.
For leasing, the asking rate is $35.00 per square foot NNN, with a 5-year minimum term and estimated CAM charges of $6.00–$8.00 per square foot. The landlord is seeking franchise/national tenants and/or multiple-location businesses and indicates that early commitments may allow coordination to advance rough plumbing/electrical and tenant metal framing and interior build-out using either the landlord’s approach or the tenant’s own subcontractor.
The build permit has been obtained, with groundbreaking projected for early August 2025 and a projected completion date of June 30, 2026. The gray shell is expected to be completed within six months, with an anticipated timeline of March 2026 or sooner. The electric is under Phase 3.
For leasing, the asking rate is $35.00 per square foot NNN, with a 5-year minimum term and estimated CAM charges of $6.00–$8.00 per square foot. The landlord is seeking franchise/national tenants and/or multiple-location businesses and indicates that early commitments may allow coordination to advance rough plumbing/electrical and tenant metal framing and interior build-out using either the landlord’s approach or the tenant’s own subcontractor.
Key Highlights
- Under construction 7,766 SF multi‑tenant retail/medical/office space for lease, divisible or available as a whole
- Zoning permits Retail, Medical, and Office uses
- Brand‑new construction with Phase 3 electric; Central Air planned
Property Analytics
Property Profile
Current Use
Lease Details
Multi-tenant
Tenancy
Yes
Heavy power
NNN (Triple Net)
Lease Type
$6 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
538
Businesses Nearby
Explore this area
Business Placement
Demographics for 32407, FL
14,366
Population
12,163
Households
1.2
Avg Household Size
41
Median Age
40%
College-Educated
96%
High-School Grad
14.9 sq mi
ZIP Area
964
Density / Sq Mi
$79,052
Median Household Income
$44,027
Median Earnings
$1,792
Median Rent
$403,500
Median Home Value
Market
Vacancy Rate% for Office in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Mixed-use property - Under-construction multi-tenant retail, medical, and office space available for lease; zoning permits all three uses.
Where is this mixed-use property located?
The property is located at 11697 PANAMA CITY BEACH Parkway Panama City Beach, FL.
What is the lease rate?
The lease rate is $35 SF/Yr.
What are key features of this property?
This property features: Under construction 7,766 SF multi‑tenant retail/medical/office space for lease, divisible or available as a whole; Zoning permits Retail, Medical, and Office uses; Brand‑new construction with Phase 3 electric; Central Air planned
