Retail Property on High-Traffic
8406 Panama City Beach Parkway, Panama City Beach, FL 32407
Retail property with high visibility and income-generating potential.
Type:Commercial
Property size:
12,622 SFLot size:
3.00 AcresPrice / SF:
$315/SF- Added:
- Jul 21, 2025
- Days on Market:
- 295
- Last Refresh:
- Apr 5 at 8:45 pm
Property Features for 8406 Panama City Beach Parkway
General Information
- Standard status
- Active
- Size
- 12,622 SF
- Lot size
- 3.00 Acres
- Property subtype
- Commercial
Building Details
- Year Built
- 1984
Listing agent BRIAN J KEHL
Listing office GULF LIFE REAL ESTATE INC (850) 699-1996
Listing date Jul 21, 2025
Source Corcoran
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
All listing content including descriptions, pricing, images are the copyrighted material of GULF LIFE REAL ESTATE INC
HighLights
- 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.
- Multiple rented units providing immediate rental income: Unit A (600 Sq.Ft.), Units B‑C (1200 Sq.Ft.), Units D‑E‑F (1800 Sq.Ft.), Unit G (900 Sq.Ft.), Units H‑I + warehouse (2500 Sq.Ft.), Unit M (600 Sq.Ft.), Unit N (600 Sq.Ft.).
- Billboard generates $7,500/year in rental income.
- Opportunity for investors and developers to capitalize on immediate equity and long‑term upside.
Overview
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
- -85.78
- Latitude
- 30.1898
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 Parkway 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.
