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    7724 Front Beach Rd Panama City Beach, FL 32407

    For Sale
    $2,200,000

    High-traffic location, 9,113 SF, $2.2M

    Property size:
    9,113 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional Panama City Beach commercial property, located at 7724 Front Beach Road (zip code 32407), presents a significant investment opportunity. Boasting 9,113 square feet on a 1.75-acre lot (76,230 sq ft), this special purpose property enjoys a premier location with exceptional visibility on a heavily trafficked road, averaging approximately 35,000 cars daily. Built in 1985, the property features 118 parking spaces and is zoned C3, offering considerable development potential. Noteworthy features include air rights extending up to 230 feet and twelve existing hoods in two dining areas, remnants from a previous restaurant tenant. Please note that some photos reflect the property's previous use and may not accurately represent its current condition. This property is situated in Bay County, Florida, and offers a rare chance to acquire a substantial commercial asset in a thriving tourist destination. The asking price is $2,200,000.

    Property Features for 7724 Front Beach Rd

    General Information

    Property type
    Specialty properties
    Square Feet
    9,113 SF

    Building Details

    Year Built
    1985

    HighLights

    • $2,200,000 asking price.
    • 9,113 square foot building on a 76,230 square foot lot.
    • Located at 7724 Front Beach Road, Panama City Beach, FL 32407.
    • C3 zoning.
    • High visibility location with approximately 35,000 cars passing daily.
    • 118 parking spaces.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Dental Office Building Supply 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
    -85.7712003
    Latitude
    30.1866466

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    FAQs

    What type of property is this?
    Specialty property - High-traffic location, 9,113 SF, $2.2M
    Where is this specialty property located?
    The property is located at 7724 Front Beach Rd Panama City Beach, FL.
    What is the asking price?
    The asking price for this property is $2,200,000.
    What are key features of this property?
    This property features: $2,200,000 asking price.; 9,113 square foot building on a 76,230 square foot lot.; Located at 7724 Front Beach Road, Panama City Beach, FL 32407.
    Request Owner's contact information
    7724 Front Beach Rd Panama City Beach, FL 32407
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    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
    7724 Front Beach Rd Panama City Beach, FL 32407
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