Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    16790 Panama City Beach Pkwy Panama City Beach, FL 32413

    Sponsored
    For Sale
    $799,000

    High-Visibility Office Building, 1,056 SF

    Property size:
    1,056 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional commercial property presents a rare investment opportunity in Panama City Beach, Florida. Located at 16790 Panama City Beach Parkway, this 0.5-acre parcel boasts a 1,056 square foot office building constructed in 1977. The property's strategic location on a four-corner lot offers unparalleled visibility, with an impressive average daily traffic count of 46,000 vehicles (per FDOT data). This high-traffic area ensures maximum exposure for any business. The property is zoned Commercial High Density (PCB), providing flexibility for a variety of uses. Its proximity to the entrance of the Frank Brown Park sports complex further enhances its appeal. Beyond the existing office building, the ample lot size (19,166.4 sq ft) allows for expansion or the addition of other structures, such as a laydown yard, potentially increasing the property's overall value. The asking price for this unique investment opportunity is $799,000. This property is ideal for investors seeking high visibility and significant development potential in a thriving coastal community. The property's location near Pier Park adds to its desirability.

    Property Features for 16790 Panama City Beach Pkwy

    General Information

    Property type
    Office Properties & Spaces
    Square Feet
    1,056 SF

    Building Details

    Year Built
    1977

    HighLights

    • $799,000 asking price.
    • 1,056 square foot office building.
    • Built in 1977.
    • 19,166.4 square foot lot.
    • Located at 16790 Panama City Beach Parkway, Panama City Beach, FL 32413.
    • High‑visibility corner lot with 46,000 AADT (per FDOT).
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

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

    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
    -85.8829944
    Latitude
    30.2288599

    Nearby Similar for Sale

    • $750,000
      Pending

      Furnished Triplex Near Panama City Beach

      Rental-ready triplex near beaches, restaurants, and attractions.
      3903 Raven St Unit, Panama City Beach, FL 32408
      View Details
    • $1,595,000
      4,735 SF

      New Duplex Near Beach

      New construction duplex near the beach with high rental potential.
      232 San Vincente St, Panama City Beach, FL 32413
      View Details
    • $849,900
      2,465 SF

      Coastal Duplex Near Panama City Beach

      Fully furnished duplex near the beach, ideal for investors.
      129 Malaga Pl, Panama City Beach, FL 32413
      View Details
    • $2,400,000

      Duplex Near Panama City Beach

      Newer construction, fully furnished duplex near the beach.
      6006 Thomas Dr, Panama City Beach, FL 32408
      View Details
    • New
      $464,999

      Renovated Duplex Near Beach

      Tastefully renovated duplex, steps from the beach, sleeps eight.
      219 Palmetto Pl, Panama City Beach, FL 32413
      View Details
    • $545,000
      1,664 SF

      Remodeled Duplex Near Panama City Beach

      Updated duplex near the beach with income potential.
      116 Lakeside Cir, Panama City Beach, FL 32413
      View Details
    • New
      $569,000
      Pending

      Turnkey Duplex Near Navy Base

      Well-maintained duplex in high-demand area, ideal for investors.
      3701 Lee St, Panama City Beach, FL 32408
      View Details
    • $675,000
      0.13 Acres

      Beachside Duplex: Income Potential

      Duplex near Panama City Beach, ideal for rentals.
      6328 Beach Dr, Panama City Beach, FL 32408
      View Details
    • $799,000
      Pending

      Furnished Home Near Beach Access

      Turn-key 4-bedroom home near the beach, priced under $1M.
      120 El Reposo Pl, Panama City Beach, FL 32413
      View Details
    • $1,050,000
      0.57 Acres

      Remodeled Quadplex in Panama City Beach

      Charming, remodeled quadplex near beaches, restaurants, and attractions.
      2809 Lagoon Knl, Panama City Beach, FL 32408
      View Details
    • $797,500
      2,368 SF

      New Duplex Near Beach, No HOA

      New construction duplex near the beach with high rental potential.
      232 San Vincente St, Panama City Beach, FL 32413
      View Details
    • $1,495,000
      4,746 SF

      Duplex Near Private Beach Access

      Duplex in Bid-A-Wee Beach neighborhood with rental potential.
      506 Anemone St, Panama City Beach, FL 32413
      View Details

    FAQs

    What type of property is this?
    Office Property / Space - High-Visibility Office Building, 1,056 SF
    Where is this office property / space located?
    The property is located at 16790 Panama City Beach Pkwy Panama City Beach, FL.
    What is the asking price?
    The asking price for this property is $799,000.
    What are key features of this property?
    This property features: $799,000 asking price.; 1,056 square foot office building.; Built in 1977.
    (850) 769-8326
    Request Owner's contact information
    16790 Panama City Beach Pkwy Panama City Beach, FL 32413
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    16790 Panama City Beach Pkwy
    Panama City Beach, FL 32413
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    16790 Panama City Beach Pkwy Panama City Beach, FL 32413
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.