22901 Panama City Bch Pkwy Panama City Beach, FL 32413-1157
This exceptional 1-story medical office building, located at 22901 Panama City Beach Parkway, Panama City Beach, FL 32413, is offered at $1,400,000. Renovated in 2018, the property boasts a fresh, seaside aesthetic. The spacious, open-concept reception and waiting area seamlessly flows into six exam rooms, providing ample space for patient care. Three private offices offer additional privacy for consultations or administrative tasks. A well-equipped triage station ensures efficient patient flow, while a large kitchen and break room combination provides a comfortable space for staff. Multiple common area desk spaces cater to various needs, complemented by a second break room and ample storage. Two half-baths and one full bath add convenience. The property features 20 surface-level parking spaces, ensuring easy access for patients and staff. Zoned C-3, this versatile property offers potential for reimagining as a private office. Its convenient location, bordering a small dune lake, provides easy access from both Bay and Walton Counties, making it an attractive investment opportunity in a thriving coastal community.
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
BC05 · Panama City Beach, FLPanama City Beach. 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.