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    12905 Panama City Beach Pkwy Panama City Beach, FL 32407

    For Sale
    $425,000

    Vacant Creative Office, 5,000 SF

    Property size:
    5,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    363
    This exceptional 5,000-square-foot creative office space is available for sale at $425,000, representing a price per square foot of $85. Located at 12905 Panama City Beach Pkwy in Panama City Beach, Florida (zip code 32407), this vacant property presents a unique opportunity. The building is a two-story structure situated on a 0.06-acre lot, offering a prime location with high visibility. The property boasts a convenient pad-ready site, ideal for a build-to-suit project or immediate occupancy. The commercial zoning allows for a wide range of uses. This property benefits from excellent traffic counts, averaging 46,500 vehicles daily, ensuring high exposure for your business. The property's tax ID numbers are 34040-002-010/34040-002-000. This is a rare opportunity to acquire a well-located, versatile commercial property in a thriving area of Panama City Beach. The property is ready for immediate development or occupancy, making it an attractive investment for businesses seeking a prominent presence in this dynamic market. Don't miss this chance to secure this exceptional commercial real estate asset.

    Property Features for 12905 Panama City Beach Pkwy

    General Information

    Property type
    Office space
    Square Feet
    5,000 SF
    Lot Size
    2,614 SF

    Building Details

    Stories
    2

    HighLights

    • 6‑acre parcel
    • Build‑to‑suit opportunity or pad site sale for up to a 5,000 SF two‑story building
    • 46,500 vehicles daily traffic count
    • Commercially zoned
    • Tax ID: 34040‑002‑010/34040‑002‑000
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Office space

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Dental Office Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    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
    -85.837029
    Latitude
    30.204836

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    FAQs

    What type of property is this?
    Office space - Vacant Creative Office, 5,000 SF
    Where is this office space located?
    The property is located at 12905 Panama City Beach Pkwy Panama City Beach, FL.
    What is the asking price?
    The asking price for this property is $425,000.
    What are key features of this property?
    This property features: 6-acre parcel; Build-to-suit opportunity or pad site sale for up to a 5,000 SF two-story building; 46,500 vehicles daily traffic count
    Request Owner's contact information
    12905 Panama City Beach Pkwy 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
    12905 Panama City Beach Pkwy Panama City Beach, FL 32407
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