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    6731 Beach Dr Panama City Beach, FL 32408

    For Sale
    $330,000

    Prime location, short-term rentals allowed.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    364
    This exceptional 5,750 square foot vacant lot presents a unique investment opportunity in Panama City Beach, Florida. Located at 6731 Beach Drive, this property boasts a highly desirable location just 1000 feet from the beautiful Gulf of Mexico's crystal quartz sandy beach. Its zoning allows for short-term rentals, making it ideal for developing a lucrative income-generating property. The lot is already cleared and ready for construction, offering immediate potential for building either a residential home or a commercial venture. Adding to its appeal, a public boat ramp is conveniently located just two blocks away, and the renowned St. Andrews State Park is a mere two miles distant. The property sits on the vibrant East end of Panama City Beach, surrounded by a wealth of restaurants, entertainment options, and shopping opportunities. The asking price for this exceptional lot is $330,000. This is a rare chance to acquire a prime piece of real estate in a thriving coastal community with significant potential for future growth and return on investment. The property is zoned general commercial. The address is 6731 Beach Drive, Panama City Beach, FL 32408.

    Property Features for 6731 Beach Dr

    General Information

    Property type
    Specialty properties

    HighLights

    • $330,000 asking price.
    • Special purpose property.
    • 5,750 square foot lot.
    • Located at 6731 Beach Drive, Panama City Beach, FL 32408.
    • Short‑term rentals allowed; General Commercial zoning.
    • 1000 feet from the beach; near boat ramp and St. Andrews State Park.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

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

    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
    -85.769848
    Latitude
    30.155643

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    FAQs

    What type of property is this?
    Specialty property - Prime location, short-term rentals allowed.
    Where is this specialty property located?
    The property is located at 6731 Beach Dr Panama City Beach, FL.
    What is the asking price?
    The asking price for this property is $330,000.
    What are key features of this property?
    This property features: $330,000 asking price.; Special purpose property.; 5,750 square foot lot.
    Request Owner's contact information
    6731 Beach Dr Panama City Beach, FL 32408
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    Panama City Beach, FL 32408
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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
    6731 Beach Dr Panama City Beach, FL 32408
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