8406 Panama City Beach Pkwy Panama City Beach, FL 32407
Retail property with high visibility and income-generating potential.
Property size:
12,622 SFLot size:
3.00 AcresProperty Features for 8406 Panama City Beach Pkwy
General Information
- Standard status
- Active
- Size
- 12,622 SF
- Lot size
- 3.00 Acres
Building Details
- Year built
- 1984
Source:
Corcoran
Listing Agent: Brian J Kehl
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
Overview
Retail Property on High-Traffic Highway
This retail property offers an opportunity for investors and developers. The property features 200 feet of frontage on a high-traffic highway. A development order is in process. The building includes multiple units with varying occupancy statuses: Unit A (600 sq ft) is rented, Units B-C (1200 sq ft) are rented, Units D-E-F (1800 sq ft) are rented, Unit G (900 sq ft) is rented, Units H-I plus a warehouse (2500 sq ft) are rented, Units J-K-L plus a warehouse are owner-occupied, Unit M (600 sq ft) is rented, and Unit N (600 sq ft) is rented. Additionally, a billboard on the property generates $7,500 per year in rent for the building owner. The property contains 12,622 square feet of retail space.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Retail space
Location Insight
- Map
- Local Demand
- City
- Panama City Beach
- County
- Bay
- State
- Florida
- Longitude
- -85.779958
- Latitude
- 30.1898414
Nearby Similar for Sale
FAQs
What type of property is this?
Retail space - Retail property with high visibility and income-generating potential.
Where is this retail space located?
The property is located at 8406 Panama City Beach Pkwy Panama City Beach, FL.
What is the asking price?
The asking price for this property is $3,985,000.
What are key features of this property?
This property features: - Offered below recent appraisal value of $4,085,000 at $3,985,000.; - Strategic location with **200 ft of frontage on high traffic Hwy 98**.; - In-process Development Order (DO) for the back 2 acres, representing significant investment and potential.