7724 Front Beach Rd Panama City Beach, FL 32407
This exceptional Panama City Beach commercial property, located at 7724 Front Beach Road (zip code 32407), presents a significant investment opportunity. Boasting 9,113 square feet on a 1.75-acre lot (76,230 sq ft), this special purpose property enjoys a premier location with exceptional visibility on a heavily trafficked road, averaging approximately 35,000 cars daily. Built in 1985, the property features 118 parking spaces and is zoned C3, offering considerable development potential. Noteworthy features include air rights extending up to 230 feet and twelve existing hoods in two dining areas, remnants from a previous restaurant tenant. Please note that some photos reflect the property's previous use and may not accurately represent its current condition. This property is situated in Bay County, Florida, and offers a rare chance to acquire a substantial commercial asset in a thriving tourist destination. The asking price is $2,200,000.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
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No recorded transactions found for this property.
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Risks
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