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    21611 Front Beach Rd Panama City Beach, FL 32413

    For Sale
    $2,500,000

    Rare 0.28-acre oceanfront lot.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    368
    This exceptional 0.28-acre commercial lot is situated in the prestigious La Valencia Beach Resort on Panama City Beach's West End. Boasting 50 feet of breathtaking, unobstructed ocean views, this property presents a unique development opportunity. The lot dimensions measure 50 feet wide by 240 feet deep, offering ample space for a variety of commercial ventures. Its prime location on Front Beach Road, in the desirable 32413 zip code, ensures high visibility and accessibility. The asking price for this rare Gulf front land is $2,500,000. This is a truly exceptional opportunity to acquire a piece of prime real estate in one of Florida's most sought-after coastal destinations. The property's location within the La Valencia Beach Resort offers potential synergies and access to existing resort amenities. Given the limited availability of such properties, this represents a significant investment opportunity with considerable potential for future appreciation. Don't miss this chance to secure this remarkable piece of Panama City Beach's coastline. The property is located at 21611 Front Beach Rd, Panama City Beach, FL 32413, in Bay County.

    Property Features for 21611 Front Beach Rd

    General Information

    Property type
    Land
    Lot Size
    12,197 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

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

    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
    -85.954347
    Latitude
    30.252444

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    FAQs

    What type of property is this?
    Land - Rare 0.28-acre oceanfront lot.
    Where is this land located?
    The property is located at 21611 Front Beach Rd Panama City Beach, FL.
    What is the asking price?
    The asking price for this property is $2,500,000.
    (850) 814-5878
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    21611 Front Beach Rd Panama City Beach, FL 32413
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    Panama City Beach, FL 32413
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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
    21611 Front Beach Rd Panama City Beach, FL 32413
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