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    11905 Panama City Beach Pkwy Panama City Beach, FL 32407

    Sponsored
    For Lease
    $20 SF/Yr ($11,666 /Mo)

    7,000 SF Office Building, High Visibility

    Lot size:
    7,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 7,000 square foot commercial property, located at 11905 Panama City Beach Parkway in Panama City Beach, Florida, presents a unique investment opportunity. The single-tenant building, classified as Class B, was constructed in 1995 and boasts excellent visibility and frontage on a high-traffic thoroughfare. The property's location offers unparalleled access to a substantial customer base, with a daily traffic count exceeding 52,000 vehicles. Suitable for traditional office or medical office use, this versatile space is ideally situated near major retail outlets, restaurants, and hospitality businesses, ensuring convenient access for both clients and employees. The property features a total of 7,000 square feet within a single building, making it an attractive option for businesses seeking a prominent presence in a thriving area. The Bay County location, with zip code 32407, provides easy access to local amenities and transportation networks. The property's Asset Parcel Number (APN) is 34038-000-000. This is a rare opportunity to secure a well-positioned commercial space in a high-demand location. The property's strategic placement ensures maximum exposure and accessibility, making it an ideal choice for businesses seeking growth and visibility in the vibrant Panama City Beach market.

    Property Features for 11905 Panama City Beach Pkwy

    General Information

    Property type
    Medical offices
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    7,000 SF
    Class
    B
    Total Rate
    11666.67

    Building Details

    Year Built
    1995
    Buildings
    1

    Unit(s) available at that property

    Space
    Size
    7,000 SF
    Rate per SF
    $20

    HighLights

    • Excellent visibility and frontage on Panama City Beach Parkway.
    • High‑traffic location with over 52,000 vehicles daily.
    • Close proximity to major retail, restaurants, and hospitality businesses.
    • 7,000 SF single‑tenant Class B building.
    • Minimum 3‑year lease required.
    Property Profile Location Intelligence

    Current Use by Public Records

    Medical offices

    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
    -85.8232182
    Latitude
    30.202336

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    FAQs

    What type of property is this?
    Medical office - 7,000 SF Office Building, High Visibility
    Where is this medical office located?
    The property is located at 11905 Panama City Beach Pkwy Panama City Beach, FL.
    What is the lease rate?
    The lease rate is $20 SF/Yr.
    What are key features of this property?
    This property features: Excellent visibility and frontage on Panama City Beach Parkway.; High-traffic location with over 52,000 vehicles daily.; Close proximity to major retail, restaurants, and hospitality businesses.
    Request Owner's contact information
    11905 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
    11905 Panama City Beach Pkwy Panama City Beach, FL 32407
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