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    1500 Beck Ave Panama City, FL 32401

    For Sale
    $495,000

    Historic St. Andrews, High-Visibility Retail Building

    Property size:
    1 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    366
    This exceptional retail property, located at 1500 Beck Avenue in Panama City, Florida, presents a compelling investment opportunity. The 2,778 square foot building, constructed in 1957, sits on a sizable 0.4-acre lot boasting 132 feet of frontage on both Beck Avenue and 15th Street. Its strategic location within the Historic St. Andrews Community Redevelopment Area ensures high visibility and accessibility. The property is zoned DTD(PC), allowing for a variety of commercial uses, making it ideal for restaurants, offices, or other retail ventures. The asking price is $495,000. This prime location offers significant potential for growth and return on investment. The property's substantial lot size and prominent street frontage provide ample space for expansion or outdoor seating, enhancing its appeal to a wide range of potential tenants. Its established location within a thriving community ensures a steady stream of potential customers. Don't miss this chance to acquire a highly desirable commercial property in a rapidly developing area of Panama City. The property's versatility and prime location make it a truly exceptional investment opportunity.

    Property Features for 1500 Beck Ave

    General Information

    Property type
    Retail properties
    Square Feet
    1 SF
    Lot Size
    17,424 SF

    HighLights

    • 0.4‑acre lot.
    • 132‑foot frontage on Beck Avenue.
    • 132‑foot frontage on 15th Street.
    • Situated in the Historic St. Andrews CRA.
    • DTD(PC) zoning.
    • Excellent for restaurant, office, or retail.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

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

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Panama City
    County
    Bay
    State
    Florida
    Longitude
    -85.7011616
    Latitude
    30.1757489

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    FAQs

    What type of property is this?
    Retail property - Historic St. Andrews, High-Visibility Retail Building
    Where is this retail property located?
    The property is located at 1500 Beck Ave Panama City, FL.
    What is the asking price?
    The asking price for this property is $495,000.
    What are key features of this property?
    This property features: 0.4-acre lot.; 132-foot frontage on Beck Avenue.; 132-foot frontage on 15th Street.
    (850) 348-0808
    Request Owner's contact information
    1500 Beck Ave Panama City, FL 32401
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    Panama City, FL 32401
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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
    1500 Beck Ave Panama City, FL 32401
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