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Retail Space in Panama City
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15620 Panama City Beach Parkway, Panama City Beach, FL 32413

Retail spaces available in a high-traffic tourist destination.

Space SizeContact for details
Days on Market262

Property Features for 15620 Panama City Beach Parkway

General Information

Standard status Active
Property subtype Retail
Listing Agency: CBRE | Jacksonville
Listed By: Thomas Watson
Source: Cbre
Added: Nov 22, 2025 Changed: Jul 6 Last Checked: Aug 11 at 9:57AM

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 CBRE | Jacksonville

Investment Insights

Based on property information with market context.

Located in a highly visible and recognized destination retail shopping area in the Florida Panhandle, this property offers approximately 1,542 square feet of retail space. Pier Park North has over 320,000 square feet of space and 2,700 feet of frontage on US Highway 98. The location benefits from over 7 million tourists annually, resulting in significantly higher population levels for much of the year. US Highway 98 carries 44,500 vehicles per day, increasing to over 60,000 vehicles per day during the high season. The Northwest Florida Beaches International Airport is connected directly to the center of Panama City Beach, driving traffic to the surrounding tourist accommodations and supporting retail sales at Pier Park North. Thousands of new housing units are under development within 5 miles of the Pier Park North area.

Key Highlights

  • High Visibility & Recognition: Located in a highly visible and recognized destination retail shopping area.
  • High Tourist Traffic: Benefits from over 7 million tourists annually, significantly increasing the market population.
  • Strong Traffic Volume: US Highway 98 frontage with 44,500 VPD, exceeding 60,000 VPD during peak season.

Property Analytics

Current Use

Shopping centers

Suggested Use

Top Pick Auto Repair Shop Big Box & Wholesale Store Law Firm Storage Facility Garden Center Electrical Service

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

Lease Details

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

536
Businesses Nearby
564k
Monthly Visits Nearby
Well-served
Demand for This Use

Foot Traffic Nearby

Apparel 32% Superstores 31% Dining 14% Shops & Services 11%
Walmart Superstores
94,467 visits/mo 0.3 miles
Target Superstores
78,384 visits/mo 0.3 miles
DICK'S Sporting Goods Apparel
37,833 visits/mo 0.3 miles
Dillard's Apparel
28,941 visits/mo 0.4 miles
McDonald's Dining
27,592 visits/mo 0.1 miles

Demographics for 32413, FL

15,217
Population
16,334
Households
0.9
Avg Household Size
50
Median Age
34%
College-Educated
94%
High-School Grad
108.2 sq mi
ZIP Area
141
Density / Sq Mi
$76,010
Median Household Income
$41,282
Median Earnings
$1,629
Median Rent
$384,000
Median Home Value

Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
Rey
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Similar Off Market Nearby

  • Board Walk 15701 L C Hilton Jr Dr, Panama City Beach, FL 32413
  • Pier Park 600 Pier Park Dr, Panama City Beach, FL 32413
  • Virtual reality experience Panama City Beach, FL 32413
  • Pier Park North 15700 Panama City Beach Pkwy, Panama City Beach, FL 32413
  • Sunglass Hut 200 Bluefish Dr #105, Panama City Beach, FL 32413

Frequently Asked Questions

What type of property is this?
Shopping center - Retail spaces available in a high-traffic tourist destination.
Where is this shopping center located?
The property is located at 15620 Panama City Beach Parkway Panama City Beach, FL.
What are key features of this property?
This property features: High Visibility & Recognition: Located in a highly visible and recognized destination retail shopping area.; High Tourist Traffic: Benefits from over 7 million tourists annually, significantly increasing the market population.; Strong Traffic Volume: US Highway 98 frontage with 44,500 VPD, exceeding 60,000 VPD during peak season.
More about this property
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