17320 PC Bch Parkway Parkway Panama City Beach, FL 32413
Commercial condo unit near Highway 79 and Highway 98.
- Added:
- Oct 20, 2023
- Days on Market:
- 996
- Last Refresh:
- Jun 25 at 6:32 pm
Property Features for 17320 PC Bch Parkway Parkway
General Information
- Standard status
- Active
- Size
- 800 SF
- Property subtype
- Office
Building Details
- Year Built
- 1985
Listing office Century 21 Service Realty
Listing date Oct 20, 2023
Source Crexi
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
All listing content including descriptions, pricing, images are the copyrighted material of Century 21 Service Realty
Investment Insights
Based on property information with market context.
Key Highlights
- Own your office space and gain control over costs and location.
- Tastefully divided into a large foreroom and two spacious, private offices, offering flexibility.
- Located in a rapidly growing area of Panama City Beach, near Pier Park, with new developments.
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $22.6k | $28.20 |
| − Vacancy | −$4.6k | −$5.78 |
| EGI | $17.9k | $22.42 |
| − OpEx | −$4.5k | −$5.60 |
| NOI | $13.5k | $16.81 |
