Property profile

7933 Panama City Beach Pkwy Panama City Beach, FL 32407

OFF-MARKET
Specialty properties
Property ID
US18-0507985
Built 1970
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Property summary

AI-generated overview

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.

Property profile

Verified
Property type Specialty properties
Year built 1970
UPID US18-0507985

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

7933 Panama City Beach Pkwy Panama City Beach, FL 32407
Panama City Beach metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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