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12216 Panama City Beach Parkway
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PRICED AT ONLY: $3,200,000

Address: 12216 Panama City Beach Parkway, Panama City Beach, FL 32407

Description

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 availableideal for investors seeking strong rental income with room to grow.

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More Like This
  • MLS#: 779594 ( CommercialSale )
  • Street Address: 12216 Panama City Beach Parkway
  • Viewed: 20
  • Price: $3,200,000
  • Price sqft: $244
  • Waterfront: No
  • Year Built: 1996
  • Bldg sqft: 13125
  • Days On Market: 41
  • Acreage: 1.54 acres

Description

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 availableideal for investors seeking strong rental income with room to grow.
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Features
Building and Construction
  • Covered Spaces: 0.00
  • Living Area: 0.00
Land Information
  • Lot Features: PondOnLot
School Information
  • High School: Arnold
  • Middle School: Surfside
  • School Elementary: Hutchison Beach
Garage and Parking
  • Garage Spaces: 0.00
  • Open Parking Spaces: 0.00
Utilities
  • Carport Spaces: 0.00
  • Sewer: PublicSewer
  • Utilities: SewerAvailable, WaterConnected
Finance and Tax Information
  • Home Owners Association Fee: 0.00
  • Insurance Expense: 0.00
  • Net Operating Income: 0.00
  • Other Expense: 0.00
  • Pet Deposit: 0.00
  • Security Deposit: 0.00
  • Trash Expense: 0.00
Other Features
  • 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
  • Area Major: 03 - Bay County - Beach
  • Occupant Type: Occupied
  • Parcel Number: 33998-000-000
  • Possible Use: Commercial
  • The Range: 0.00
  • Views: 20
Nearby Subdivisions
[no Recorded Subdiv]   Bahama Beach   Hutchison's 1st To Bahama Bch   Lyndell Commercial Park   Miracle Strip Bus Plz   No Named Subdivision   Panama City Beach   Promenade Shopping Mall  
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