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Prime Commercial Land For Sale
For Sale
$8,900,000

11930 Panama City Beach Parkway, Panama City Beach, FL 32407

13.82 acre parcel on Panama City Beach Parkway.

Property SizeContact for details
Lot Size13.82 Acres
Days on Market207

Property Features for 11930 Panama City Beach Parkway

General Information

Standard status Active
Lot size 13.82 Acres
Property subtype Land or Vacant Lot
Listing Agency: COUNTS REAL ESTATE GROUP INC
Listed By: CORY E HERRMAN · License #3285407
Source: Corcoran
Added: Jan 8 Changed: Jul 6 Last Checked: Aug 3 at 7:39AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of COUNTS REAL ESTATE GROUP INC

Investment Insights

Based on property information with market context.

This 13.82-acre parcel is located directly on Panama City Beach Parkway and features 6 acres of highway frontage suitable for commercial development. Situated approximately 1 mile from the beach and 3 miles from Pier Park, the property is positioned within a corridor undergoing commercial development, with an Aldi-anchored shopping plaza located directly to the east. The site is connected to city sewer and water and is currently operating as an RV Park, generating positive cash flow. This presents an investment opportunity to maintain cash flow while planning future development. Panama City Beach Parkway is currently undergoing expansion to 6 lanes, which will improve access to the property upon completion.

Key Highlights

  • 6 acres of highway frontage on Panama City Beach Parkway prime for commercial development.
  • Connected to city sewer and water.
  • Existing RV Park provides positive cash flow.

Property Analytics

Current Use

Commercial land

Suggested Use

Top Pick Dental Office HVAC Service Auto Parts Store Plumbing Service (Bike/Boat/Book/etc) Store Furniture & Home Goods

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

475
Businesses Nearby

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 Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Commercial land - 13.82 acre parcel on Panama City Beach Parkway.
Where is this commercial land located?
The property is located at 11930 Panama City Beach Parkway Panama City Beach, FL.
What is the asking price?
The asking price for this property is $8,900,000.
What are key features of this property?
This property features: 6 acres of highway frontage on Panama City Beach Parkway prime for commercial development.; Connected to city sewer and water.; Existing RV Park provides positive cash flow.
More about this property
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