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    17320 Pc Bch Pkwy Pkwy Panama City Beach, FL 32413

    For Sale
    $164,900

    Own Your Office Space! Prime Location!

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    368
    This exceptional 800-square-foot office condo in Panama City Beach, Florida, presents a unique investment opportunity. Located in Panama Plaza, a sought-after commercial condominium complex at 17320 PC Bch Parkway Parkway, zip code 32413, this second-floor unit (Unit 205) is ideally situated near the intersection of Highways 79 and 98, close to Pier Park. Built in 1985, this two-story building houses eighteen commercial condos. The unit is already thoughtfully divided into a large reception area and two private offices, each with its own key, offering flexibility for single occupancy or subletting. Additional features include a spacious storage room with shelving, a supply nook with drawers, and a private bathroom. The unit is in turnkey condition and has been well-maintained. The building benefits from a prominent lit sign for 24/7 business advertising. Panama Plaza is on US 98, a major business artery currently undergoing expansion to a six-lane highway with pedestrian and bike paths, ensuring high visibility and significant daily traffic. The area is experiencing rapid growth with new developments, including a medical campus and hospital, Dolly Parton's Pirates Voyage Dinner and Show (opening Spring 2025), and Topgolf (opening Spring 2025), creating a strong potential for increased business activity. The asking price is $164,900. The possibility of combining with adjacent units for expanded space exists.

    Property Features for 17320 Pc Bch Pkwy Pkwy

    General Information

    Property type
    Office Properties & Spaces

    Building Details

    Year Built
    1985
    Stories
    2

    HighLights

    • $164,900 asking price for this office condo.
    • 1985‑built, two‑story commercial condominium in Panama City Beach, FL.
    • Approximately 800 sq ft, currently divided into a reception area and two private offices, plus storage and a bathroom.
    • Located on US 98, a major Panama City Beach thoroughfare, with high daily traffic counts and prominent signage opportunities.
    • Situated near Pier Park, a growing medical campus, and new developments, offering high visibility and potential for growth.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Panama City Beach
    County
    Bay
    State
    Florida
    Longitude
    -85.8556808
    Latitude
    30.2097667

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    FAQs

    What type of property is this?
    Office Property / Space - Own Your Office Space! Prime Location!
    Where is this office property / space located?
    The property is located at 17320 Pc Bch Pkwy Pkwy Panama City Beach, FL.
    What is the asking price?
    The asking price for this property is $164,900.
    What are key features of this property?
    This property features: $164,900 asking price for this office condo.; 1985-built, two-story commercial condominium in Panama City Beach, FL.; Approximately 800 sq ft, currently divided into a reception area and two private offices, plus storage and a bathroom.
    Request Owner's contact information
    17320 Pc Bch Pkwy Pkwy Panama City Beach, FL 32413
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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
    17320 Pc Bch Pkwy Pkwy Panama City Beach, FL 32413
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