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    16901 Pc Bch Pkwy Panama City Beach, FL 32413

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    For Sale
    $4,950,000

    Three-story building with additional lot for expansion or parking.

    Property size:
    12,916 SF
    Lot size:
    1.10 Acres

    Property Features for 16901 Pc Bch Pkwy

    General Information

    Standard status
    Active
    Size
    12,916 SF
    Lot size
    1.10 Acres

    Building Details

    Year built
    2004

    Source: COUNTS REAL ESTATE GROUP INC Agent ANDY G GONSALVES

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

    Overview

    Prime Location Commercial Building

    This commercial property features a three-story building with each floor measuring over 4,000 square feet, totaling 12,916 square feet. The ground floor, previously a bank, could be operational again within a short timeframe. The third floor is currently occupied by a long-term tenant. Included in the sale is an adjacent lot, identified as 33478-010-000, suitable for parking or the construction of an additional building of approximately 3,000 square feet to increase property income. The additional lot could also accommodate a large parking garage, potentially allowing for the expansion of the existing building and increasing usable square footage. The property is strategically located between Highway 79 and Pier Park, near the City Hall and within minutes of the new hospital on Highway 79.
    Location Intelligence

    Current Use by Public Records

    Office buildings

    Map

    City
    Panama City Beach
    County
    Bay
    State
    Florida
    Longitude
    -85.9093
    Latitude
    30.3525

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    FAQs

    What type of property is this?
    Office building - Three-story building with additional lot for expansion or parking.
    Where is this office building located?
    The property is located at 16901 Pc Bch Pkwy Panama City Beach, FL.
    What is the asking price?
    The asking price for this property is $4,950,000.
    What are key features of this property?
    This property features: - Premier location strategically located between Hwy 79 and Pier Park, close to City Hall and the new hospital.; - Owner financing available with acceptable terms.; - Additional lot included, suitable for building a 3000 sq ft structure or a large parking garage.
    (850) 231-1483
    Request Owner's contact information
    16901 Pc Bch 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
    16901 Pc Bch Pkwy Panama City Beach, FL 32413
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