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    16215 Panama City Beach Pkwy Panama City Beach, FL 32413

    For Sale
    $1,450,000

    3,955 SF office building in Panama City Beach business corridor.

    Property size:
    3,955 SF
    Lot size:
    1.12 Acres

    Property Features for 16215 Panama City Beach Pkwy

    General Information

    Size
    3,955 SF
    Lot size
    1.12 Acres

    Building Details

    Year built
    2000

    Source: FIVE BRIDGES REAL ESTATE SERVICES CO. LLC Agent KEVIN WATTENBARGER

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

    Overview

    Panama City Beach Office Building

    This 3,955 SF professional office building is located in the west end business corridor of Panama City Beach. Constructed in 2000, the steel-frame building features a stucco exterior. The single-tenant building is currently occupied by a local law firm. The property benefits from high visibility, with over 39,000 vehicles passing by daily. The interior floor plan includes seven executive-sized offices, two conference meeting rooms, a kitchen break area, a welcoming lobby, and an open area. Situated on a 1.12-acre parcel, the property provides 26 surface parking spaces. The location is between Pier Park and Highway 79.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Office buildings

    Suggested Use

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

    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
    -85.8800106
    Latitude
    30.2267385

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    FAQs

    What type of property is this?
    Office building - 3,955 SF office building in Panama City Beach business corridor.
    Where is this office building located?
    The property is located at 16215 Panama City Beach Pkwy Panama City Beach, FL.
    What is the asking price?
    The asking price for this property is $1,450,000.
    What are key features of this property?
    This property features: - High-visibility location on Panama City Beach Parkway with over 39,000 vehicles per day.; - Large 3,955 SF professional office building on a 1.12-acre parcel.; - Ideally positioned in the heart of Panama City Beach's west end business corridor, between Pier Park and Highway 79.
    (850) 913-9133
    Request Owner's contact information
    16215 Panama City Beach Pkwy Panama City Beach, FL 32413
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    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
    16215 Panama City Beach Pkwy Panama City Beach, FL 32413
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