7933 Panama City Beach Pkwy Panama City Beach, FL 32407
This exceptional commercial property, located at 7933 Panama City Beach Parkway in Panama City Beach, Florida, presents a unique investment opportunity. Listed at $850,000, this property boasts a substantial 30,927 square foot lot, offering significant potential for various commercial ventures. The existing building, constructed in 1970, features a ground floor previously utilized as garage space for a wrecker service and a second-floor residential area. The property is zoned C-3 General Commercial, allowing for a wide range of permissible uses. Prospective buyers are responsible for verifying the specific allowed uses with the relevant authorities. While interior access to the building is currently unavailable for showings, exterior viewing of the property and building is permitted. This prime location on Panama City Beach Parkway, in Bay County, Florida (zip code 32407), offers excellent visibility and accessibility. The substantial lot size and existing structure provide a solid foundation for redevelopment or repurposing, making this an attractive proposition for investors seeking a versatile commercial property in a desirable coastal location. The property's unique history and flexible zoning make it an ideal canvas for a variety of commercial endeavors.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.