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    515 Evergreen St Panama City Beach, FL 32407

    For Sale
    $1,200,000

    High-visibility commercial property near the beach in a thriving area.

    Property size:
    5,915 SF
    Lot size:
    0.22 Acres

    Property Features for 515 Evergreen St

    General Information

    Standard status
    Active
    Size
    5,915 SF
    Lot size
    0.22 Acres

    Building Details

    Year built
    2002

    Source: GULF LIFE REAL ESTATE INC Agent BRIAN J KEHL

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

    Overview

    Prime Panama City Beach Commercial Property

    This commercial property is located in Panama City Beach, less than a quarter mile from the shoreline, within a busy retail corridor. The location offers exposure to vehicle and pedestrian traffic from tourists and locals. The property is suited for a retail storefront, restaurant, service business, or professional office. It is situated one block from the beach, with access to major roads and public parking. The property is surrounded by hotels, restaurants, and beach attractions. Located in a commercial district, the property offers signage potential to maximize brand exposure. The property size is 5915 square feet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Office Properties & Spaces

    Suggested Use

    Law Firm Realty agency Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply 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
    -85.8401815
    Latitude
    30.1990561

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    FAQs

    What type of property is this?
    Retail property - High-visibility commercial property near the beach in a thriving area.
    Where is this retail property located?
    The property is located at 515 Evergreen St Panama City Beach, FL.
    What is the asking price?
    The asking price for this property is $1,200,000.
    What are key features of this property?
    This property features: - Premier location: Less than 1/4 mile from the shoreline in the heart of Panama City Beach.; - High-traffic visibility: Located in a busy retail corridor with steady year-round vehicle and pedestrian traffic.; - Strategic location: Surrounded by well-known hotels, restaurants, and popular beach attractions.
    (850) 699-1996
    Request Owner's contact information
    515 Evergreen St Panama City Beach, FL 32407
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    Panama City Beach, FL 32407
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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
    515 Evergreen St Panama City Beach, FL 32407
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