9415 Fl-79 Panama City Beach, FL 32413
This exceptional Panama City Beach investment opportunity presents 2.7 acres of land with an approved Development Order for 16,800 square feet of flexible office space. The property boasts a strategic location adjacent to Latitude Margaritaville, a premier master-planned community featuring 3,500 new homes and a soon-to-open Publix-anchored shopping center just a quarter-mile away. The site is ideally situated within Bay County's burgeoning growth area, only three miles from Northwest Florida Beaches International Airport and six miles from the renowned Panama City Beach shores. This sale-leaseback opportunity encompasses three buildings totaling 16,800 square feet, priced at $1,950,000 ($116.07 per square foot). The property's central location within the Bay-Walton Sector Plan, a comprehensive land use plan guiding the next 50 years of development, ensures significant long-term growth potential. This plan anticipates up to 170,000 residential units and over 60 million square feet of commercial/institutional development across approximately 150,000 acres. This is a rare chance to acquire a prime mixed-use property in a rapidly expanding area with exceptional access to amenities and infrastructure. The property is zoned for office and retail use, offering versatility and potential for diverse income streams.
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
Similar Nearby for Sale
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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.