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    Property profile & analytics

    613 Azalea St Panama City Beach, FL 32407

    • Commercial real estate
    • 2,076 SF
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US18-0530261
    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.

    Current Use by Public Records

    • Commercial real estate

    Property Details for 613 Azalea St

    Year built
    1956
    Property size
    2,076 SF
    Property type
    Commercial real estate

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Panama City Beach
    County
    Bay
    State
    Florida
    Longitude
    -85.8437248
    Latitude
    30.1992696

    Comparable in this City

    • $3,000,000

      Prime Panama City Beach Property

      Beachfront Development Opportunity, 61K+ sq ft
      9014 Panama City Beach Pkwy, Panama City Beach, FL 32407
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    • $489,000

      Panama City Beach Property For Sale

      Property for sale in Panama City Beach, Florida.
      805 Lyndell Way, Panama City Beach, FL 32407
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    • $2,200,000
      9,113 SF

      Prime Beach Road Commercial Property

      High-traffic location, 9,113 SF, $2.2M
      7724 Front Beach Rd, Panama City Beach, FL 32407
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    • $925,000
      4,625 SF

      Panama City Beach Retail Property

      Retail property on Panama City Beach Parkway with strong tenant.
      7725 Panama City Beach Pkwy, Panama City Beach, FL 32407
      View Details
    • $525,000

      Prime Panama City Beach Commercial Lot

      High-visibility, .74-acre commercial lot.
      0 Pc Bch Pkwy, Panama City Beach, FL 32407
      View Details
    • $350,000
      0.11 Acres

      Waterfront Lot with Boat Slips

      Rare waterfront lot with deep water access and boat slips.
      927 Marina Dr, Panama City Beach, FL 32407
      View Details

    Similar Nearby for Sale

    • $3,000,000

      Prime Panama City Beach Property

      Beachfront Development Opportunity, 61K+ sq ft
      9014 Panama City Beach Pkwy, Panama City Beach, FL 32407
      View Details
    • $489,000

      Panama City Beach Property For Sale

      Property for sale in Panama City Beach, Florida.
      805 Lyndell Way, Panama City Beach, FL 32407
      View Details
    • $2,200,000
      9,113 SF

      Prime Beach Road Commercial Property

      High-traffic location, 9,113 SF, $2.2M
      7724 Front Beach Rd, Panama City Beach, FL 32407
      View Details
    • $925,000
      4,625 SF

      Panama City Beach Retail Property

      Retail property on Panama City Beach Parkway with strong tenant.
      7725 Panama City Beach Pkwy, Panama City Beach, FL 32407
      View Details
    • $525,000

      Prime Panama City Beach Commercial Lot

      High-visibility, .74-acre commercial lot.
      0 Pc Bch Pkwy, Panama City Beach, FL 32407
      View Details
    • $350,000
      0.11 Acres

      Waterfront Lot with Boat Slips

      Rare waterfront lot with deep water access and boat slips.
      927 Marina Dr, Panama City Beach, FL 32407
      View Details

    Similar Nearby for Lease

    • $2,200 /Mo
      88,550 SF

      Retail Space in Beachwalk Center

      1,200 SF retail space in high-traffic Panama City Beach.
      7151 Panama City Beach Pkwy, Panama City Beach, FL 32407
      View Details
    • $46 SF/Yr
      5,135 SF

      Net-Leased Restaurant Property in Florida

      Net-leased restaurant property with corporate-backed lease through May 2031.
      10071 Hutchison Blvd, Panama City Beach, FL 32407
      View Details
    • $25 SF/Yr
      42,004 SF

      Retail/Showroom Space in Panama City

      Retail/showroom space in Nautilus Station Shopping Center, high visibility location.
      13800 Panama City Beach Pkwy, Panama City Beach, FL 32407
      View Details
    • Contact for pricing
      23,852 SF

      Retail Space in Panama City

      Retail space for lease in Panama City Beach, Florida.
      9950 Hutchison Blvd, Panama City Beach, FL 32407
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    • Contact for pricing
      7,500 SF

      Warehouse with Office in Panama

      7,500 SF warehouse with office area and roll-up doors.
      12202 Hutchison Blvd, Panama City Beach, FL 32407
      View Details
    • $20 SF/Yr
      2,500 SF

      12907 Panama City Beach Pkwy, Panama City Beach, FL

      Medical offices • 2,500 SF
      12907 Panama City Beach Pkwy, Panama City Beach, FL 32407
      View Details
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    613 Azalea St
    Panama City Beach, FL 32407
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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