14929 Front Beach Rd Panama City, FL 32413
This exceptional 35,719 square foot vacant land parcel presents a remarkable redevelopment opportunity in the heart of Panama City Beach, Florida. Located at 14929 Front Beach Road, this 184-foot-wide Gulf front property boasts a prime location next to Senor Frog's Restaurant and less than a mile from Pier Park and the upcoming Topgolf development. The property is zoned CH (Commercial High Intensity), permitting new construction up to 150 feet in height (verification required). Currently priced at $6,600,000, potential owner financing with a substantial down payment is available. Sold "as is" due to prior hurricane damage, the sale price reflects land value only. The property includes all furnishings and the business name/goodwill (excluding personal items and tools). A concrete seawall is in place, maximizing usable land for new construction (subject to permitting). All measurements should be independently verified. This is a rare chance to acquire a significant piece of beachfront real estate with immense potential. The property's location and zoning make it ideal for a variety of commercial developments.
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
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.