16621 Front Beach Road Panama City Beach, FL 32413

Building Details

Year Built

1996

Listing office AMERICAN REALTY of Bay Co, Inc t***@aol.com Show Phone

Listing date Feb 7, 2021

Source Crexi

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Investment Insights

Based on property information with market context.

This 52-unit property features 275 feet of Gulf-front, as well as lake-front units on Lullwater Lake. It is perfectly suited for a high-end boutique destination. The property has direct access to Highway 79, Pier Park, Dolly Parton's Pirate Voyage, shopping, restaurants, entertainment, and hospitals. The south side of the property is waterfront Gulf, and the rear is waterfront lake. It is suited for a condo or hotel, with a parking garage across the street and the possibility of a walkover. There is a possibility of adding gulf-front units. Each unit is a one-bedroom, one-bath unit with a full kitchen and enough square footage to divide each unit into two suitable hotel rooms. The property size is 35000 square feet.

Key Highlights

• 275 feet of Gulf‑front property
• Lake‑front units on Lullwater Lake
• Direct access to HWY 79

Property Analytics

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FAQs

What type of property is this?

Hotel - 52-unit property with Gulf and lake frontage.

Where is this hotel located?

The property is located at 16621 Front Beach Road Panama City Beach, FL.

What is the asking price?

The asking price for this property is $27,500,000.

What are key features of this property?

This property features: 275 feet of Gulf‑front property; Lake‑front units on Lullwater Lake; Direct access to HWY 79