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    23402 Panama City Beach Pkwy Panama City Beach, FL 32413

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    For Sale
    $995,000

    Development site overlooking Lake Powell, suitable for residential or commercial.

    Lot size:
    1.23 Acres

    Property Features for 23402 Panama City Beach Pkwy

    General Information

    Lot size
    1.23 Acres

    Source: NBI Properties, Inc. Agent Dustin Parkman

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

    Overview

    1.23 Acre Development Site

    Available for purchase is a 1.23-acre development site with views of Lake Powell. The property is located with easy access to the west end of Panama City Beach, and a short drive to Santa Rosa Beach and the 30Avenue shopping and entertainment district. The zoning allows for residential uses up to 15 units per acre and a maximum building height of 230 feet. A range of commercial uses are also permitted for retail and professional services.
    Insight Report Location Intelligence

    Current Use by Public Records

    Land

    Suggested Use

    Restaurant Realty agency Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Panama City Beach
    County
    Bay
    State
    Florida
    Longitude
    -85.978279
    Latitude
    30.266773

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    FAQs

    What type of property is this?
    Land - Development site overlooking Lake Powell, suitable for residential or commercial.
    Where is this land located?
    The property is located at 23402 Panama City Beach Pkwy Panama City Beach, FL.
    What is the asking price?
    The asking price for this property is $995,000.
    What are key features of this property?
    This property features: - Overlooks premier Coastal Dune Lake, Lake Powell.; - Development site is 1.23 acres.; - Zoning allows residential uses up to 15 units/acre.
    (850) 218-8468
    Request Owner's contact information
    23402 Panama City Beach Pkwy Panama City Beach, FL 32413
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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
    23402 Panama City Beach Pkwy Panama City Beach, FL 32413
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