8308 Panama City Beach Parkway Panama City Beach, FL 32407
COMMERCIAL - Panama City Beach, FL
Property Features for 8308 Panama City Beach Parkway
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Standard status
- Pending
- APN
- 27904-000-000
- Lot size
- 5.40 Acres
Taxes and HOA fees
- Tax Description
- G C 2ND ADD LOT 9 LESS WLY 200' ORB 3431 P 708
Listing agent Daniel Dunnivant (727) 512-9742
Listing office Counts Real Estate Group Inc 2104 Thomas Drive, PANAMA CITY BEACH, FL (850) 249-3615
Listing date May 11, 2026
Copyright © 2026 Central Panhandle 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.
The property is located on Panama City Beach Parkway in unincorporated Bay County and is zoned GC-3 General Commercial. It offers approximately 345 feet of frontage and roughly 700 feet of depth, supporting high-visibility access along a highly traveled corridor. The seller estimates annual average daily traffic at about 44,500 vehicles.
The warehouse building is currently leased by HERC Rental, with the lease expiring May 31, 2027.
Key Highlights
- Approximately 345' of frontage on Panama City Beach Parkway with about 700' depth in unincorporated Bay County
- Zoned GC‑3 General Commercial for a wide range of commercial uses
- Annual average daily traffic estimated at 44,500 vehicles (AADT)
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $258.9k | $28.20 |
| − Vacancy | −$53.1k | −$5.78 |
| EGI | $205.8k | $22.42 |
| − OpEx | −$51.5k | −$5.60 |
| NOI | $154.4k | $16.81 |
Alternative Uses
Property Analytics
Current Use by Public Records
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