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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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