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    8005 Panama City Beach Pkwy Panama City Beach, FL 32407

    For Sale
    $985,000

    Beachfront Commercial Lot, High Traffic

    Property size:
    1,632 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    364
    This exceptional commercial property, located on Panama City Beach Parkway in Bay County, Florida, offers 1,632 square feet on a 33,976.8-square-foot lot. Built in 1968, this special purpose property boasts over 120 feet of prime road frontage, ensuring high visibility and accessibility. Its strategic location within a bustling area of Panama City Beach benefits from significant local and tourist foot traffic. The spacious lot allows for flexible development options, accommodating various commercial ventures such as retail spaces, restaurants, or service-oriented businesses. All necessary utilities are readily available, simplifying the development process. The property's surroundings include established businesses, hotels, and residential neighborhoods, contributing to its growth potential and increased customer traffic. The asking price is $985,000. Prospective buyers should verify permitted uses with local zoning regulations. This presents a significant investment opportunity in a thriving tourist destination. The property's zip code is 32407.

    Property Features for 8005 Panama City Beach Pkwy

    General Information

    Property type
    Specialty properties
    Square Feet
    1,632 SF

    Building Details

    Year Built
    1968

    HighLights

    • $985,000 asking price for a 1,632 SF special purpose property on a 33,976.8 SF lot built in 1968.
    • High‑traffic Panama City Beach Parkway location with over 120 feet of frontage.
    • Ample signage opportunities due to significant road frontage.
    • Large lot suitable for various commercial developments (retail, restaurant, or service).
    • Commercial zoning (verify with local regulations).
    • Utilities readily available.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

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

    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
    -85.7974141
    Latitude
    30.1957055

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    FAQs

    What type of property is this?
    Specialty property - Beachfront Commercial Lot, High Traffic
    Where is this specialty property located?
    The property is located at 8005 Panama City Beach Pkwy Panama City Beach, FL.
    What is the asking price?
    The asking price for this property is $985,000.
    What are key features of this property?
    This property features: $985,000 asking price for a 1,632 SF special purpose property on a 33,976.8 SF lot built in 1968.; High-traffic Panama City Beach Parkway location with over 120 feet of frontage.; Ample signage opportunities due to significant road frontage.
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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
    8005 Panama City Beach Pkwy Panama City Beach, FL 32407
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