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    16161 Panama City Bch 101 Pkwy Panama City Beach, FL 32413

    For Lease
    $18 SF/Yr

    4,490 sq ft Class A Office, Parkway Frontage

    Lot size:
    4,490 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    364
    This exceptional 4,490 square foot Class A office space boasts a prime location on Panama City Beach Parkway, situated in a high-growth area. The single-tenant building offers ample parking with expansion potential. A rear roll-up door adds versatility, and the space is easily divisible to suit various needs. Its strategic location provides easy access to major attractions like Pier Park, Dolly Parton's Pirate Dinner Show, and Latitudes Margaritaville, as well as significant medical facilities including Tallahassee Memorial Hospital and St. Joe's West Bay Sector developments. Nearby medical tenants include HCA Walk-in Clinic, Retinal Associates, and Davita Dialysis, creating a synergistic environment. Currently a shell space, the property allows for complete build-out to tenant specifications, offering maximum customization. Note that build-out costs are separate from the base rental rate. This presents a unique opportunity for businesses seeking a prominent presence in a thriving Panama City Beach commercial district. The property's address is 16161 Panama City Beach Parkway, and the APN is 32781-000-000.

    Property Features for 16161 Panama City Bch 101 Pkwy

    General Information

    Property type
    Office Properties & Spaces
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    4,490 SF

    Unit(s) available at that property

    Space
    101
    Size
    4,490 SF
    Rate per SF
    $18

    HighLights

    • Class A office space totaling 4,490 square feet.
    • Single‑tenant occupancy.
    • Located on Panama City Beach Parkway, in a high‑growth area.
    • Ample parking available, with expansion potential.
    • Features a rear roll‑up door and is divisible.
    • Excellent location near major attractions and medical facilities, including Pier Park, Dolly Parton's Pirate Dinner Show, and Latitudes Margaritaville.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Panama City Beach
    County
    Bay
    State
    Florida
    Longitude
    -85.8793668
    Latitude
    30.2263025

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    FAQs

    What type of property is this?
    Office Property / Space - 4,490 sq ft Class A Office, Parkway Frontage
    Where is this office property / space located?
    The property is located at 16161 Panama City Bch 101 Pkwy Panama City Beach, FL.
    What is the lease rate?
    The lease rate is $18 SF/Yr.
    What are key features of this property?
    This property features: Class A office space totaling 4,490 square feet.; Single-tenant occupancy.; Located on Panama City Beach Parkway, in a high-growth area.
    Request Owner's contact information
    16161 Panama City Bch 101 Pkwy 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
    16161 Panama City Bch 101 Pkwy Panama City Beach, FL 32413
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