Large Retail Space in Shopping
For Lease
$12 SF/Yr
7099 U.S 98, Panama City Beach, FL 32408
Commercial for Lease, Panama City Beach, FL
Space Size33,387 SF
Days on Market96
Property Features for 7099 U.S 98
General Information
Property type
Commercial Lease
Property subtype
Retail
Zoning
Commercial
Directions
Beachwalk Shopping Center is located in Panama City Beach at the southwest corner of U.S. Highway 98 and Navy Boulevard at the base of the Hathway Bridge. The space was formerly occupied by Kartona Speedway.
Subdivision
27 - Bay County
Standard status
Active
APN
27833-300-000
Size
88,850 SF
Building Details
Year built
1985
Listing Agency:
Counts Real Estate Group Inc
(850) 249-3615
Listed By:
Christopher S McCall · License #666647
(850) 814-9889
Added: Jun 10
Changed: Sep 11
Last Checked: Sep 13 at 5:06AM
MLS# 1005544
Copyright © 2026 Emerald Coast Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
A 33,387-square-foot retail space is available within Beachwalk Shopping Center at 7099 U.S. 98 in Panama City Beach. The space previously accommodated a go-kart track and, before that, a grocery store, providing a substantial footprint for retail, showroom, or family entertainment uses. The property was built in 1985 and is zoned General Commercial (GC-3) in unincorporated Bay County.
The center fronts U.S. Highway 98 with additional exposure to Navy Boulevard. Access is described as straightforward from both directions, and the shopping center provides a parking ratio of 8 spaces per 1,000 square feet. Planet Fitness occupies 20,000 square feet elsewhere in the west end of the center.
The center fronts U.S. Highway 98 with additional exposure to Navy Boulevard. Access is described as straightforward from both directions, and the shopping center provides a parking ratio of 8 spaces per 1,000 square feet. Planet Fitness occupies 20,000 square feet elsewhere in the west end of the center.
Key Highlights
- 33,387‑square‑foot retail space available at Beachwalk Shopping Center
- Exposure to U.S. Highway 98 and Navy Boulevard
- Parking ratio of 8 spaces per 1,000 square feet
Property Analytics
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Current Use
Lease Details
Multi-tenant
Tenancy
Yes
Highway access
Yes
Paved road access
NNN (Triple Net)
Lease Type
$1.80 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
457
Businesses Nearby
22k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 43%
Shops & Services 42%
Hotels & Casinos 16%
Taco Bell
Dining
9,251 visits/mo
0.1 miles
Dollar General
Shops & Services
6,411 visits/mo
0.1 miles
Exxon
Shops & Services
2,649 visits/mo
0.4 miles
Fairfield Inn & Suites by Marriott Panama City Beach
Hotels & Casinos
1,893 visits/mo
0.5 miles
Home2 Suites
Hotels & Casinos
1,506 visits/mo
0.5 miles
Demographics for 32408, FL
17,479
Population
17,018
Households
1
Avg Household Size
48
Median Age
39%
College-Educated
96%
High-School Grad
8.6 sq mi
ZIP Area
2,032
Density / Sq Mi
$72,322
Median Household Income
$42,749
Median Earnings
$1,453
Median Rent
$352,400
Median Home Value
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Market
Lease Benchmarks for Panama City Beach, FL
$21 /SF/Yr
Avg Asking Price
$12–$35 /SF/Yr
Price Range
34,098 SF
Avg Space Size
This space is priced 43% below the average of $21 /SF/Yr.
Vacancy Rate% for Retail in South region
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Frequently Asked Questions
What type of property is this?
Retail space - A sizable commercial suite offers direct exposure to U.S. Highway 98 and Navy Boulevard.
Where is this retail space located?
The property is located at 7099 U.S 98 Panama City Beach, FL.
What is the lease rate?
The lease rate is $12 SF/Yr.
What are key features of this property?
This property features: 33,387‑square‑foot retail space available at Beachwalk Shopping Center; Exposure to U.S. Highway 98 and Navy Boulevard; Parking ratio of 8 spaces per 1,000 square feet
