0 Baths
12,622 sqft
$3,985,000
8406 Panama City Beach Parkway, Panama City Beach FL, 32407
Price per sqft$315.72
Built in1984
Property size12,622 sqft
Property typeCommercial
Overview
Active
Listed Jul 21, 2025
Updated Jul 11
A rare opportunity for investors and developers to capitalize on immediate equity and long-term upside. This strategically located property with 200 ft of frontage on high traffic Hwy 98 recently appraised at $4,085,000, yet is being offered for just $3,985,000.
Additionally, the current appraisal does not reflect the in-process Development Order (DO) or the significant investment already made toward its approval — specifically for the back 2 acres of the property. Building has the following occupancy: Unit A - (600 Sq.Ft.) Rented, Units B-C (1200 Sq.Ft.) Rented, Units D-E-F (1800 Sq.Ft.) Rented, Unit G (900 Sq.Ft.) Rented, Units H-I + warehouse, (2500 Sq.Ft.) Rented, Units J-K-L + warehouse (owner occupied), Unit M (600 Sq.Ft.) Rented, Unit N (600 Sq.Ft.) Rented! Also, the large billboard pays the building owner $7,500/yr rent. Don't miss this unique opportunity!
Additional information
- MLS® ID
- 776552
Interior Features
- Bathrooms
- 0
- Cooling
- Yes
- Heating
- Yes
- Basement
- No
Exterior Features
- Lot Size
- 3 Acres
Courtesy of Gulf Life Real Estate Inc, Brian J Kehl,
Listing Contact: 850-258-5484
All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Terri M Snyder shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.
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