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    950 Promenade St Panama City, FL

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    For Lease
    $32 SF/Yr ($4,194 /Mo)

    Retail and restaurant spaces in a Publix-anchored town center.

    Property size:
    1,573 SF
    Lot size:
    486.70 Acres

    Property Features for 950 Promenade St

    General Information

    Size
    1,573 SF
    Lot size
    486.70 Acres

    Source: SVN - Commercial Partners | Miami Agent Margeaux McCarthy

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    SweetBay Commercial Town Center Retail

    The SweetBay Commercial Town Center is a mixed-use lifestyle center anchored by Publix, featuring retail, restaurant, medical, and traditional office spaces. Located in Panama City, FL, the Town Center is part of the SweetBay Planned Community Development, one of Florida's largest infill projects with approval for 3,200 residential units. Phase 1 of the Town Center, anchored by Publix, occupies 7.5 acres and features a 48,387 square foot prototype Publix store with an adjacent 2,100 square foot liquor store. The remainder of Phase 1 includes 18,000 square feet of in-line retail and restaurant space. Available spaces range from 1,573 square feet at a rate of $32 per square foot.
    Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Restaurant Realty agency Building Supply Dental Office Spa & Massage Law Firm Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    Creations by Jo

    Location Insight

    • Map
    • Local Demand
    City
    Panama City
    County
    Walton
    State
    Florida
    Longitude
    -85.6602058
    Latitude
    30.1588129

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    FAQs

    What type of property is this?
    Shopping center - Retail and restaurant spaces in a Publix-anchored town center.
    Where is this shopping center located?
    The property is located at 950 Promenade St Panama City, FL.
    What is the lease rate?
    The lease rate is $32 SF/Yr.
    What are key features of this property?
    This property features: - Publix-anchored mixed-use lifestyle center.; - Part of SweetBay Planned Community Development with approval for 3,200 residential units.; - Features retail, restaurant, medical, and traditional office space.
    (561) 725-0725
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    950 Promenade St Panama City, FL
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