12905 Panama City Bch Pkwy Panama City Beach, FL 32407-2717
Property profile & analytics
12905 Panama City Bch Pkwy Panama City Beach, FL 32407-2717
- Medical Office Space
- 5,904 SF
- 0.18 lot acres
Property ID
US19-0873254
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.
Location Intelligence
Current Use by Public Records
- Medical Office Space
Property Details for 12905 Panama City Bch Pkwy
- Year built
- 2013
- Construction
- WOOD
- Lot size
- 0.18 lot acres
- Property size
- 5,904 SF
- Zone code
- PCB03
- Property type
- Medical Office Space
- Property subtype
- Medical centers
- APN
- 34040-002-030
- APU
- 34040002030
Description
This exceptional two-story medical office building, constructed in 2013, boasts a total of 5,400 square feet and is situated at 12905 Panama City Beach Parkway in Panama City Beach, Florida (zip code 32407). The property features multiple tenancies and offers excellent visibility with over 275 feet of frontage on Panama City Beach Parkway, including electronic signage. Currently, there is 2,600 square feet of vacant space available on the second floor, which can be subdivided into two 1200 square foot units. A minimum three-year lease term is required. In addition to the standard lease options, there is also 2,400 square feet of time-share space available, offering 4-hour sessions for $125 and 8-hour sessions for $250. This presents a unique opportunity for flexible use. Furthermore, two pad sites are available for build-to-suit medical office developments for qualified clients. The property's APN is 34040-002-010/34040-002-000, located in Bay County. This presents a rare opportunity to establish or expand a medical practice in a high-traffic, highly visible location. The building's prime location and flexible space options make it an ideal choice for various medical professionals.
Value Estimations
based on Realmo’s proprietary methodology
-
Comparable approach
- Method
- Estimation
- AI Estimate
- $572,000
Market price range: $210k - $572k -
Alternative Use
- Use
- Estimation
- MEDICAL BUILDING
- $860,000 Current use
- COMMERCIAL (GENERAL)
- $1,475,000 Change: +72% Conversion: Easy
- OFFICE BUILDING
- $1,180,000 Change: +37% Conversion: Easy
- RETAIL STORES
- $875,000 Change: +1% 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
- -85.837
- Latitude
- 30.205
- 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
$20,861
$102,432
$1,578,907
$1,681,339
-
$102,432
$1,578,907
$1,681,339
