Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    14929 Front Beach Rd Panama City, FL 32413
    Back to Search
    Property profile & analytics

    14929 Front Beach Rd Panama City, FL 32413

    View on Map
    • Land
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Land

    Property Details for 14929 Front Beach Rd

    Year built
    1974
    Property type
    Land

    Description

    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.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Panama City
    County
    Bay
    State
    Florida
    Longitude
    -85.8616
    Latitude
    30.2072

    Comparable in this City

    • Value Estimation by Request
      38.50 Acres

      15191 Front Beach Rd

      Specialty properties • 140,000 SF
      15191 Front Beach Rd, Panama City Beach, FL 32413
      View Details
    • Value Estimation by Request
      0.28 Acres

      21611 Front Beach Rd

      Land • 0.28 Acres
      21611 Front Beach Rd, Panama City Beach, FL 32413
      View Details
    • Value Estimation by Request

      Beach Commerce Park | ±15 AC Industrial Development Opportunity For Sale

      Beach Commerce Park | ±15 AC Industrial Development Opportunity For Sale
      Griffin boulevard, Panama City Beach, FL 32413
      View Details
    • Value Estimation by Request
      2.38 Acres

      Cor Of Hutchison Blvd. & Alf Coleman Rd

      Land • 2.38 Acres
      0 Cor Of Hutchison Blvd. & Alf Coleman Rd, Panama City Beach, FL 32413
      View Details
    • Value Estimation by Request
      1.41 Acres

      6500 Ogeeche Trl

      Land • 1.41 Acres
      6500 Ogeeche Trl, Panama City Beach, FL 32413
      View Details
    • Value Estimation by Request
      2.70 Acres

      9415 Fl-79

      Retail properties & Spaces • 16,800 SF
      9415 Fl-79, Panama City Beach, FL 32413
      View Details

    Similar Nearby for Sale

    • $535,000

      Golf Course Lot with Boat Slip

      Large lot with golf course and lake views, includes boat slip.
      1401 Turtleback Trl, Panama City Beach, FL 32413
      View Details
    • $255,000

      Land on Marlin Avenue

      Land available on Marlin Avenue in Panama City Beach.
      21522 Marlin Ave, Panama City Beach, FL 32413
      View Details
    • $620,000

      Panama City Beach Land For Sale

      Land available in Carillon Beach, Panama City Beach, Florida.
      428 Lakefront Dr, Panama City Beach, FL 32413
      View Details
    • Contact for pricing

      Panama City Beach Land Parcel

      Land parcel available on Panama City Beach Parkway.
      17770 Panama City Beach Pkwy, Panama City Beach, FL 32413
      View Details
    • New
      $78,900

      Land in Panama City Beach

      Land available in Panama City Beach, Florida.
      416 Paradise Blvd, Panama City Beach, FL 32413
      View Details
    • $139,500

      Land For Sale

      Land available in Panama City Beach, Florida.
      7516 Morning Marsh Trl, Panama City Beach, FL 32413
      View Details

    Similar Nearby for Lease

    • $12 SF/Yr
      31,220 SF

      Versatile Industrial Property in Beach Commerce

      Office, warehouse, and outdoor storage in Panama City Beach.
      17687 Ashley Dr, Panama City Beach, FL 32413
      View Details
    • $1,875 /Mo

      Warehouse Space with Roll-Up Door

      1,500 sq ft warehouse with bathroom and roll-up door.
      102 N Gulf Blvd, Panama City Beach, FL 32413
      View Details
    • $21 SF/Yr
      1,000 SF

      Riviera Pointe Office Suite 100

      1,000 sq ft office, Panama City Beach
      14101 Panama City Beach Pkwy, Panama City Beach, FL 32413
      View Details
    • $0.03 SF/Yr
      18,304 SF

      Prime Panama City Beach Retail Space

      18,000 SF Retail Opportunity, Q4 2025 Delivery
      00 Tbd, Panama City Beach, FL 32413
      View Details
    • $675 /Mo
      800 SF

      Furnished Office Space For Lease

      Private furnished office space for lease with included utilities.
      17320 Panama City Beach Pkwy, Panama City Beach, FL 32413
      View Details
    • Contact for pricing

      Retail Space in Panama City

      Retail space with high visibility and co-tenancy with ALDI.
      23200 Front Beach Rd, Panama City Beach, FL 32413
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    14929 Front Beach Rd
    Panama City, FL 32413
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    14929 Front Beach Rd, Panama City, FL, 32413
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!