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    1323 Beck Ave Panama City, FL 32401

    For Sale
    $944,900

    Historic St. Andrews, High-Visibility Retail Site

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    366
    This exceptional retail property, located at 1323 Beck Avenue in Panama City, Florida, presents a unique investment opportunity. Boasting a substantial 896,464,800 square foot lot, this property offers significant potential for redevelopment or expansion. The existing structures comprise a 2,000 square foot building and a 1,000 square foot storage shed, providing immediate use while allowing for future development plans. The property enjoys high visibility with 147 feet of frontage on Beck Avenue, ensuring excellent exposure to potential customers. Situated in the historic St. Andrews district, this location benefits from established local character and ample parking. The total building area is 20,580 square feet. Built in 1947, this property offers a blend of established character and exciting future possibilities. The seller is offering financing options with a substantial down payment required. This is an ideal opportunity for investors seeking a high-visibility retail location with significant development potential in a desirable area. The property's size and location in historic St. Andrews present endless possibilities for a variety of retail ventures. The zip code is 32401, and the property is located in Bay County.

    Property Features for 1323 Beck Ave

    General Information

    Property type
    Retail properties

    Building Details

    Year Built
    1947

    HighLights

    • $944,900 asking price.
    • Retail property built in 1947.
    • 20,580 square foot building with 147 feet of frontage on Beck Avenue in Panama City, FL.
    • Includes a 2,000 square foot building and a 1,000 square foot storage shed.
    • Owner financing available with significant down payment.
    • 896,464,800 square foot lot.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    St. Andrews Bay ... Real Estate Agency

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Panama City
    County
    Bay
    State
    Florida
    Longitude
    -85.7018035
    Latitude
    30.1728797

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    FAQs

    What type of property is this?
    Retail property - Historic St. Andrews, High-Visibility Retail Site
    Where is this retail property located?
    The property is located at 1323 Beck Ave Panama City, FL.
    What is the asking price?
    The asking price for this property is $944,900.
    What are key features of this property?
    This property features: $944,900 asking price.; Retail property built in 1947.; 20,580 square foot building with 147 feet of frontage on Beck Avenue in Panama City, FL.
    Request Owner's contact information
    1323 Beck Ave Panama City, FL 32401
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    Panama City, FL 32401
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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
    1323 Beck Ave Panama City, FL 32401
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