20310 Panama City Beach PkwyPanama City Beach, FL 32413

Property Details for 20310 Panama City Beach Pkwy

Lot size

0.76 AC

Zone code

BC04

Property type

Land

Property subtype

Commercial land

APN

36582-114-000

APU

36582114000

Description

This exceptional 0.76-acre vacant commercial land parcel, located at 20310 Panama City Beach Parkway in Panama City Beach, Florida (zip code 32413), presents a unique investment opportunity. The property boasts a substantial 33,106 square foot lot size, ideally suited for the development of warehouses or office buildings. Its strategic location offers excellent visibility and accessibility. A significant advantage is the existing agreement with Lamar Advertising, which currently generates an annual income stream of $5,000. Alternatively, the agreement stipulates a 20% share of annual gross marketing receipts. The buyer has the flexibility to continue this lucrative arrangement or terminate it upon closing. This presents a compelling opportunity for investors seeking a high-return property with immediate income potential or a blank canvas for future development in a thriving Florida coastal market. The property is conveniently located in Bay County, Florida, with coordinates 30.2510414 latitude and -85.9332011 longitude. The asking price for this remarkable property is $690,000.

• Alternative Use

  Use

  Valuation

  Residential

  $5,275,910

  Hospitality

  $4,832,705

  Educational

  $4,020,754

  Medical

  $4,159,034

  Retail

  $6,254,506

Location Insight

City

Panama City Beach

County

Bay

State

Florida

Latitude

30.251

Longitude

-85.9332

CBSA code

37460

CBSA name

PANAMA CITY-LYNN HAVEN, FL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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