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    9014 Panama City Beach Pkwy Panama City Beach, FL 32407

    For Sale
    $3,000,000

    Beachfront Development Opportunity, 61K+ sq ft

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    361
    This exceptional 61,594 square foot parcel of land, located at 9014 Panama City Beach Parkway in Panama City Beach, Florida, presents a unique investment opportunity. Priced at $3,000,000, this special purpose property offers significant potential for development. Situated in Bay County, Florida, with a zip code of 32407, the property's prime location provides easy access to the area's vibrant attractions and amenities. The expansive lot size allows for a wide range of development possibilities, catering to various commercial ventures. Its strategic location along Panama City Beach Parkway ensures high visibility and accessibility for potential businesses. The property's latitude and longitude coordinates are 30.190481 and -85.78394 respectively. This is a rare chance to acquire a substantial piece of land in a thriving coastal community, ideal for entrepreneurs seeking a high-impact investment. The property's classification as "Special Purpose" suggests a unique suitability for a variety of commercial uses, subject to local zoning regulations and permitting. Further due diligence is recommended to explore the full potential of this remarkable development opportunity. Serious inquiries are encouraged to explore the possibilities of this exceptional property.

    Property Features for 9014 Panama City Beach Pkwy

    General Information

    Property type
    Specialty properties
    Property Profile Insight Report 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
    -85.78394
    Latitude
    30.190481

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    FAQs

    What type of property is this?
    Specialty property - Beachfront Development Opportunity, 61K+ sq ft
    Where is this specialty property located?
    The property is located at 9014 Panama City Beach Pkwy Panama City Beach, FL.
    What is the asking price?
    The asking price for this property is $3,000,000.
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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
    9014 Panama City Beach Pkwy Panama City Beach, FL 32407
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