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Panama City Beach Development Opportunity
For Sale
$19,000,000
Pending

12610 Front Beach Road, Panama City Beach, FL 32407

Large acreage development opportunity in the heart of Panama City Beach.

Property SizeContact for details
Lot Size28.88 Acres
Days on Market301

Property Features for 12610 Front Beach Road

General Information

Standard status Pending
Lot size 28.88 Acres
Property subtype Commercial
Listing Agency: NAI TALCOR
Listed By: ANDERSON J BROOKS · License ##SL3610747
Source: Corcoran
Added: Oct 14, 2025 Changed: Aug 8 Last Checked: Aug 8 at 1:26PM

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 NAI TALCOR

Investment Insights

Based on property information with market context.

The Kukla property, part of the Phillips Portfolio, offers a significant development opportunity along the Northwest Florida Gulf Coast. Situated in Panama City Beach, this approximately 28-acre property features frontage on Front Beach Road (Scenic Highway 98), Clara Avenue, Hutchison Boulevard, and Lyndell Lane. The property's zoning and proximity to tourism, commercial amenities, schools, and beaches make it suitable for various mixed-use developments, including build-to-rent projects and resort RV parks. The Phillips Portfolio includes 43 high-value assets across Northwest Florida, encompassing residential, commercial, and industrial properties. The portfolio is structured with current income-producing assets, in-process development parcels, and greenfield land opportunities, offering above-market return opportunities across immediate, medium, and long-term investment horizons.

Key Highlights

  • Large acreage development opportunity (+/-28 acres) in Panama City Beach.
  • Frontage on Front Beach Rd (Scenic Hwy 98), Clara Ave, Hutchison Blvd, and Lyndell Lane.
  • Ideal zoning for Build‑to‑Rent, Resort RV Park, or mixed‑use development.

Property Analytics

Current Use

Commercial land

Suggested Use

Top Pick Dental Office Auto Parts Store Building Supply Big Box & Wholesale Store HVAC Service Auto Repair Shop

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

801
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
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Commercial land - Large acreage development opportunity in the heart of Panama City Beach.
Where is this commercial land located?
The property is located at 12610 Front Beach Road Panama City Beach, FL.
What is the asking price?
The asking price for this property is $19,000,000.
What are key features of this property?
This property features: Large acreage development opportunity (+/-28 acres) in Panama City Beach.; Frontage on Front Beach Rd (Scenic Hwy 98), Clara Ave, Hutchison Blvd, and Lyndell Lane.; Ideal zoning for Build‑to‑Rent, Resort RV Park, or mixed‑use development.
More about this property
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