Multi-Tenant Strip
For Lease
$35 SF/Yr
11697 PANAMA CITY BEACH Parkway, Panama City Beach, FL 32407
Commercial Lease, PANAMA CITY BEACH, FL
Space Size7,766 SF
Lot Size1.68 Acres
Days on Market343
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
Listed By:
Mark Allen
(407) 737-9797
Added: Sep 26, 2025
Changed: Aug 19
Last Checked: Sep 3 at 10:06AM
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.
This under-construction strip mall is planned as a multi-tenant retail, medical, and office property totaling 7,766 square feet. The space can be leased as one premises or divided for multiple occupants. Planned construction includes block and metal frame materials, central air, and Phase 3 electric service. A build permit has been obtained, with the project identified for completion in 2026.
The property sits on a 1.68-acre site at 11697 Panama City Beach Parkway in Panama City Beach, Florida, within Bay County. T-4 zoning permits retail, medical, and office uses, providing flexibility for the planned commercial configuration. The development is intended to be delivered as a gray-shell strip center, with early tenant coordination available for rough plumbing, electrical work, metal framing, and interior build-out.
The property sits on a 1.68-acre site at 11697 Panama City Beach Parkway in Panama City Beach, Florida, within Bay County. T-4 zoning permits retail, medical, and office uses, providing flexibility for the planned commercial configuration. The development is intended to be delivered as a gray-shell strip center, with early tenant coordination available for rough plumbing, electrical work, metal framing, and interior build-out.
Key Highlights
- 7,766‑square‑foot multi‑tenant retail, medical, and office property
- 1.68‑acre site at 11697 Panama City Beach Parkway
- T‑4 zoning permits retail, medical, and office uses
Property Analytics
Property Profile
Current Use
Lease Details
Multi-tenant
Tenancy
Yes
Heavy power
NNN (Triple Net)
Lease Type
$5.25 /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
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Frequently Asked Questions
What type of property is this?
Strip mall - T-4 zoning supports retail, medical, and office occupancy.
Where is this strip mall 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: 7,766‑square‑foot multi‑tenant retail, medical, and office property; 1.68‑acre site at 11697 Panama City Beach Parkway; T‑4 zoning permits retail, medical, and office uses
