17500 Panama City Beach PkwyPanama City Beach, FL 32413

Property Details for 17500 Panama City Beach Pkwy

Lot size

1.46 AC

Zone code

PCB24

Property type

Commercial land

APN

38328-015-000

APU

38328015000

Description

This exceptional commercial property, located at 17500 Panama City Beach Parkway in Panama City Beach, Florida, presents a unique investment opportunity. The 33,000 square foot building sits on a substantial 3.5-acre lot (155,509.2 sq ft), offering 225 feet of frontage along the highly visible Panama City Beach Parkway. Built in 1996, the property benefits from dual zoning (T-4 and M-1), allowing for diverse commercial and light industrial uses. The building features a generous 16-foot eave height and excellent access, including three 14' x 16' loading docks, a 20' x 16' loading door with a ramp, and convenient access from both Panama City Beach Parkway and Ashley Drive within Beach Commerce Park. The property's current tenant provides immediate income generation, with a lease expiring August 31, 2024, and options for 2-24 month lease extensions. The property's APN is 38328-010-000 & 38320-005-110, and the asking price is $5,250,000. This prime location offers unparalleled visibility and accessibility, making it ideal for a variety of businesses. The property's size and versatile zoning make it a highly attractive investment opportunity in a thriving coastal market.

• Alternative Use

  Use

  Valuation

  Residential

  $13,317,868

  Hospitality

  $12,199,095

  Educational

  $10,149,504

  Medical

  $10,498,561

  Retail

  $15,788,118

Location Insight

City

Panama City Beach

County

Bay

State

Florida

Latitude

30.236

Longitude

-85.9027

CBSA code

37460

CBSA name

PANAMA CITY-LYNN HAVEN, FL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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