0 Panama City Beach Pkwy Panama City Beach, FL 32407
This exceptional 1.35-acre commercial lot presents a rare development opportunity in Panama City Beach, Florida. Located on Panama City Beach Parkway (Highway 98), this hard corner lot boasts 300 feet of frontage on a major arterial road experiencing 52,000 daily vehicle trips. Its strategic location offers unparalleled visibility and accessibility, situated amongst established national retailers including Home Depot, Chick-fil-A, Starbucks, and a Publix shopping center. The property's convenient location is further enhanced by its proximity to the 10x Living apartment complex and a residential neighborhood. Development is simplified with offsite master stormwater retention already in place, and all utilities are stubbed to the site, making it pad-ready for immediate construction. This is one of only six remaining commercial lots available on this highly trafficked thoroughfare, representing a unique chance to capitalize on Panama City Beach's thriving commercial market. The lot's single-tenant zoning allows for flexibility in development plans, catering to a variety of commercial uses. The 32407 zip code ensures easy access to the area's amenities and attractions. Don't miss this exceptional opportunity to secure a prime piece of Panama City Beach real estate.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.