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Property profile & analytics
OFF-MARKET
Self storage facilities

134 Highway 79 Panama City, FL 32413

15,000 SF 0.34 ac lot
Property ID
Property summary
AI-generated overview

This exceptional commercial property, located at 134 Hwy 79 Road in Panama City Beach, Florida (zip code 32413), presents a unique investment opportunity. The 0.34-acre lot is zoned for commercial use, offering significant development potential. The property boasts a total area of approximately 15,000 square feet and is ideally situated near a newly constructed hospital, pristine beaches, and the renowned Margaritaville resort. Its strategic location ensures high visibility and accessibility, making it an attractive proposition for a variety of commercial ventures. Utilities are readily available near the site, simplifying the development process. The asking price for this Class A multifamily and self-storage permitted property is $599,900. While the current unit count is zero, the zoning allows for the development of multifamily units and self-storage facilities. This presents a blank canvas for a developer to create a profitable and desirable commercial space. The property's proximity to key attractions and its ample size make it a compelling investment opportunity with strong potential for future growth and return. The property consists of three lots, measuring approximately 100 x 150 feet. Broker co-op is available.

Property profile
Verified
Property type Self storage facilities
Total area 15,000 SF
Lot 0.34 ac (14,810 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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