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    12513 Frnt Bch Rd Panama City Beach, FL 32407-3306
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    Property profile & analytics

    12513 Frnt Bch Rd, Panama City Beach, FL 32407-3306

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    • Motels
    • 253,262 SF
    • 2.35 lot acres
    Off-Market
    Last Sale Nov 29, 2021
    $85,500,000
    Property ID
    US18-0591299
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Motels

    Property Details for 12513 Frnt Bch Rd

    Year built
    2019
    Construction
    CONCRETE
    Lot size
    2.35 lot acres
    Zone code
    PCB21
    Property type
    Motels
    APN
    34091-000-000
    APU
    34091000000

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Nov 29, 2021 $85,500,000 Palmetto Hospitality Of Pcb II LLC Sspcb Hospitality LLC Special Warranty Deed $64.5M · Wells Fargo Bank NA
    Sep 21, 2017 — Sspcb Hospitality LLC — Deed · related $45.5M · Centennial Bank
    Feb 21, 2017 — Sspcb Hospitality LLC — Deed · related —
    Feb 10, 2016 $6,450,000 Sspcb Hospitality LLC Green Implementation Group LLC Special Warranty Deed $4.8M · Trustmark National Bank
    Jan 26, 2016 — Green Implementation Group LLC Read-panama LLC Quit Claim Deed · related —
    Jun 7, 2013 $3,450,000 Read-panama LLC Sa Challenger INC Grant Deed —
    Dec 1, 2010 — Sa Challenger INC Tra Tradewinds LP Coc Trustees Deed · related —
    Jun 1, 2009 $100 Tra Tradewinds Tradewinds Of Bay Cnty Coc Trustees Deed · related —
    Nov 27, 2002 $10,500,000 Tradewinds Of Bay County Dev Trade Winds Of Bay County INC Grant Deed · related $10.3M · Amsouth Bank
    Apr 1, 1998 $4,500,000 Trade Winds Bay County INC Trade Winds Panama City INC Grant Deed · related $4.5M · Amsouth Bank
    — — Sspcb Hospitality LLC — Loan Modification · related —
    — — Tra Tradewinds — Deed Of Trust · related $5.8M · Park National Bank

    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

      Method
      Estimation
      Statistic approach
      Off market
    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $100,480,000
      Market price range: $20.8M - $125M
    • Alternative Use

      Use
      Estimation
      HOTEL/MOTEL
      $77,585,000
      Current use
      AUTO REPAIR, GARAGE
      $121,560,000
      Change: +57% Conversion: Difficult
      COMMERCIAL (GENERAL)
      $63,360,000
      Change: -18% Conversion: Difficult

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Panama City Beach
    County
    Bay
    State
    Florida
    Longitude
    -85.8339
    Latitude
    30.1917
    CBSA code
    37460
    CBSA name
    PANAMA CITY-LYNN HAVEN, FL METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $544,716
    $11,281,875
    $36,218,141
    $47,500,016
    -
    $11,281,875
    $36,218,141
    $47,500,016
    More about this property
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