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    12011 Panama City Beach Pkwy Panama City Beach, FL 32407

    For Sale
    $3,400,000

    SINGLE_FAMILY - Panama City Beach, FL

    Type:Retail
    Lot size:
    0.67 Acres
    Days on Market:
    392
    Last Refresh:
    Dec 8 at 12:06 pm

    Property Features for 12011 Panama City Beach Pkwy

    General Information

    Property type
    Residential
    Property subtype
    Retail
    Standard status
    Active
    APN
    34039-165-000
    Lot size
    0.67 Acres

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Central, Electric (Heating)
    Cooling system
    Electric, Central Air, Multi Units
    Water source
    Public

    Building Details

    Year built
    2002
    Floors in Building
    1
    Flooring type
    Carpet
    Building materials
    MetalSiding

    Keller Williams Realty Emerald Coast (850) 654-2900 [email protected]

    Listing agent Carole Lea Gilman (850) 654-2900 License #3086106

    Listing date Nov 12, 2024

    Copyright © 2025 Central Panhandle Association of REALTORS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    High-Visibility Commercial Building For Sale

    This spacious commercial building presents an appealing real estate opportunity. Situated along the high-traffic Panama City Beach Parkway, the property benefits from an impressive 52,000 daily vehicles (FDOT AADT) and features 155 feet of road frontage, ensuring exceptional visibility in a sought-after area of Panama City Beach, Florida. The open floor plan includes two large private offices, both public and private restrooms, a convenient storage room, and a highly visible glass storefront, ideal for showcasing a business. A large monument sign further enhances exposure. The property is located on a 0.67-acre lot. In addition, there is a 2,780 sq ft restaurant next door that is currently being leased. The property is located in Panama City Beach, Florida.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Individual retail properties

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store 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
    -85.82517
    Latitude
    30.203601

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    FAQs

    What type of property is this?
    Retail property - Spacious commercial building with high traffic and excellent visibility.
    Where is this retail property located?
    The property is located at 12011 Panama City Beach Pkwy Panama City Beach, FL.
    What is the asking price?
    The asking price for this property is $3,400,000.
    What are key features of this property?
    This property features: - High-traffic location on Panama City Beach Parkway with 52,000 daily vehicles and 155 feet of road frontage.; - Open floor plan with two large private offices, public and private restrooms, and a storage room.; - Highly visible glass storefront for showcasing business.
    (850) 654-2900
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    12011 Panama City Beach Pkwy Panama City Beach, FL 32407
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    Panama City Beach, FL 32407
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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
    12011 Panama City Beach Pkwy Panama City Beach, FL 32407
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