8005 Panama City Beach Pkwy Panama City Beach, FL 32407
This exceptional commercial property, located on Panama City Beach Parkway in Bay County, Florida, offers 1,632 square feet on a 33,976.8-square-foot lot. Built in 1968, this special purpose property boasts over 120 feet of prime road frontage, ensuring high visibility and accessibility. Its strategic location within a bustling area of Panama City Beach benefits from significant local and tourist foot traffic. The spacious lot allows for flexible development options, accommodating various commercial ventures such as retail spaces, restaurants, or service-oriented businesses. All necessary utilities are readily available, simplifying the development process. The property's surroundings include established businesses, hotels, and residential neighborhoods, contributing to its growth potential and increased customer traffic. The asking price is $985,000. Prospective buyers should verify permitted uses with local zoning regulations. This presents a significant investment opportunity in a thriving tourist destination. The property's zip code is 32407.
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
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No recorded transactions found for this property.
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Risks
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