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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.