12216 Panama City Beach Parkway, Panama City Beach, FL 32407
$2,850,000
Property Type:
Commercial for Sale
Square Footage:
13,125
Lot Size (sq. ft.):
67,082
Status:
Active
Current Price:
$2,850,000
List Date:
9/26/2025
Last Modified:
11/20/2025
Description
' Owner financing available' Prime investment opportunity on Panama City Beach Parkway! This 13,125 sq. ft. metal strip center sits on 1.54 acres and offers six versatile rental spaces in varying sizes. Five of the spaces are already leased, with one space currently vacant and ready for a new business, providing additional upside potential.
The property is zoned C-3 commercial, allowing for a wide range of business uses. It features ample on-site parking, excellent visibility, and direct frontage along Panama City Beach Parkway with a traffic count of over 100,000 cars per day.
Located in the heart of Panama City Beach, this high-traffic corridor is central to the area's busiest commercial activity and just minutes from Pier Park. Rarely does a property of this scale, location, and stability come available—ideal for investors seeking strong rental income with room to grow.
More Information MLS# 779594
Contract Info
List Price/SqFt: 217.14
List Date: 2025-09-24
List Price: $2,850,000
Current Price: $2,850,000
Sub-Type: Other
Location
Sub Area: 0321 - Beach - North Central
Community/Resort: None
Waterfront: No
Elementary School: Hutchison Beach
Middle School: Surfside
High School: Arnold
Directions: West on Back Beach on your right.
Area: 03 - Bay County - Beach
Street #: 12216
Street Name: Panama City Beach
Street Suffix: Parkway
State: FL
Zip Code: 32407
County: Bay
Subdivision: No Named Subdivision
Parcel ID: 33998-000-000
Legal Description: 22 3S 16W -4- 37D BEG AT SE COR TH N 336.60' W 209.97' S 346.34' TO NLY R/W OF HWY 98 TH SELY 212.27' TH N 40.60' TO POB ORB 2830 P 1061
General Property Info
List Class: Commercial
Acreage: 1.54
Construction Status: Construction Complete
SqFt Tot Bldg: 13125
Year Built: 1996
Listing Info, Tax and Legal
HOA Fee: No
Remarks & Misc
Remarks: ' Owner financing available' Prime investment opportunity on Panama City Beach Parkway! This 13,125 sq. ft. metal strip center sits on 1.54 acres and offers six versatile rental spaces in varying sizes. Five of the spaces are already leased, with one space currently vacant and ready for a new business, providing additional upside potential.
The property is zoned C-3 commercial, allowing for a wide range of business uses. It features ample on-site parking, excellent visibility, and direct frontage along Panama City Beach Parkway with a traffic count of over 100,000 cars per day.
Located in the heart of Panama City Beach, this high-traffic corridor is central to the area's busiest commercial activity and just minutes from Pier Park. Rarely does a property of this scale, location, and stability come available—ideal for investors seeking strong rental income with room to grow.
Construction/Siding
Foundation - Slab on Grade: 1
Roof - Metal: 1
Siding - Metal: 1
Siding - Stucco: 1
Energy
AC - 2 or More: 1
AC - Central Elect: 1
Financing
Cash: 1
Present Zoning
Commercial: 1
Utilities
Electricity - Connected: 1
Public Sewer - Connected: 1
Water Connected: 1
Sale Type
As Is: 1
Business/Property
AAA Tenant: 1
Floors in Unit/Home
One: 1
Heating/Cooling
AC - Central: 1
Site Description
Retention Pond: 1
Site - Strip Mall: 1
Status Change Info
Status: Active
Property Features
Energy: AC - 2 or More; AC - Central Elect
Financing: Cash
Present Zoning: Commercial
Sale Type: As Is
Site Description: Retention Pond; Site - Strip Mall
Utilities: Electricity - Connected; Public Sewer - Connected; Water Connected
Listing Office:
EXP Realty LLC
Last Updated: November - 20 - 2025
Information deemed reliable but not guaranteed.