1500 Beck Ave Panama City, FL 32401-1220
This exceptional retail property, located at 1500 Beck Avenue in Panama City, Florida, presents a compelling investment opportunity. The 2,778 square foot building, constructed in 1957, sits on a sizable 0.4-acre lot boasting 132 feet of frontage on both Beck Avenue and 15th Street. Its strategic location within the Historic St. Andrews Community Redevelopment Area ensures high visibility and accessibility. The property is zoned DTD(PC), allowing for a variety of commercial uses, making it ideal for restaurants, offices, or other retail ventures. The asking price is $495,000. This prime location offers significant potential for growth and return on investment. The property's substantial lot size and prominent street frontage provide ample space for expansion or outdoor seating, enhancing its appeal to a wide range of potential tenants. Its established location within a thriving community ensures a steady stream of potential customers. Don't miss this chance to acquire a highly desirable commercial property in a rapidly developing area of Panama City. The property's versatility and prime location make it a truly exceptional investment opportunity.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
PC09 · Panama City, FLPanama City. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.