8140 Hwy 388Panama City Beach, FL 32413

  • Grocery and convenience stores
  • 5,671 SF
Off market
$13,325,050 Estimated

Property Details for 8140 Hwy 388

Year built
2012
Construction
WOOD
Lot size
1.33 AC
Property size (Sq ft)
5,671 SF
Zone code
BC08
Property type
Grocery and convenience stores
APN
32548-030-000
APU
32548030000

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $947,328
    6.5%
    $874,457
    7%
    $811,996
  • Comparable approach

    Method
    Valuation
    Relative Method
    $419,277
    Geo Method
    $419,277
  • Alternative Use

    Use
    Valuation
    Industrial / Distribution
    $1,754,200
    Mixed-Use / Specialty
    $851,569
    Hospitality / Lodging
    $599,029
    Office
    $825,918
    Institutional / Educational
    $878,222
    Residential Income
    $1,027,520
    Multifamily
    $1,341,960
    Automotive / Energy
    $752,762
    Parking / Income-Based Land
    $279,302
    Restaurant / Food Service
    $400,714
    Healthcare / Senior Housing
    $893,542

Location Insight

City
Panama City Beach
County
Bay
State
Florida
Latitude
30.2993
Longitude
-85.8523
CBSA code
37460
CBSA name
PANAMA CITY-LYNN HAVEN, FL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$13,414
$545,251
$528,045
$1,073,296
-
$545,251
$528,045
$1,073,296

FAQs

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