Property summary
This exceptional investment opportunity presents a 3,600 square foot medical office building in Panama City Beach, Florida, currently 100% occupied by Heartland Dental under a corporate-guaranteed net lease. The property boasts a strong 5.90% cap rate and a substantial NOI of $169,200. Built in 2022, this single-tenant building sits on a 0.79-acre lot and benefits from a highly visible location directly off Panama City Beach Parkway (Highway 98), experiencing 52,000 vehicles per day. The… lease, commencing December 1, 2022, and expiring December 30, 2032, offers a remaining term of 8.1 years with built-in rent bumps of 10% every five years and multiple renewal options (4 and 5-year options). The property shares ingress and egress with a Publix-anchored shopping center, surrounded by other national tenants including Home Depot, Office Depot, Dunkin', Chick-fil-A, Lowe's, AutoZone, and Culver's. The strong demographics of Panama City Beach, with a projected population increase of 4-9% in the next five years, and a fifteen-mile radius encompassing 146,000 residents and over 165,300 daytime employees, further enhance the investment potential. The asking price is $2,867,797, translating to $796.61 per square foot. This is a rare opportunity to acquire a stable, high-performing asset in a thriving coastal market.
Ownership intelligence
Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.
Owner contacts
Skip-traced phones and e-mails of the owner. Included with the full report.
Mortgages
Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.
Property tax · 2023
Value estimate
· Sep 2026Realmo valuation models over county records.
Recently sold
Cap rate analysis
No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.
Zoning insight
Location intelligence
Demand index: how under-served this business type is around this point — modeled from the LocInt grid (area demand vs. what already operates, adjusted by real visit traffic). Higher means stronger unmet demand.
Location
Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.
Comparables
6 recorded sales · 12 properties nearbyComparable nearby
Similar in This City for Sale
Similar Nearby for Lease
Instant AI valuation built from comps, income signals, and proprietary benchmarks.A defensible range, not a single guess.
from $99/month
- GBA
- 4,055 SF
- Lot area
- 0.79 ac
- Year built
- 2022
- APN
- 34030-300-010
- Zoning
- PCB21
- Assessed value · 2023
- $1,205,452
- Annual tax · 2023
- $13,644
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Registration is required before the official district profile is shown.
Phones and e-mails of the people behind this property's owner, traced from licensed contact data.
Owner phones and e-mails come with the full report for this property - traced from licensed contact data, with verification and Do-Not-Call flags on every number.
Unlock the evidence behind ownership: portfolio, transactions, debt and any signals we can model, to help you decide who to contact next.
Registration is required before any owner information is shown.
The mortgage data is behind the paid report: recorded loans of the owner - lender, amount, rate and the estimated maturity - as part of the Ownership Intelligence workspace.
Registration is required before any owner information is shown.
- Ownership
- Owner Contacts
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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- Ownership
- Owner Contacts
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- Everything in the Light report
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- Value Estimation
- NOI Potential
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- Location Insight
- Alternative use
- Local Zoning Insight
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- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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