17255 Panama City Beach PkwyPanama City Beach, FL 32413

  • Commercial land
  • 0.35 AC
For Sale
$349,000 View listing

Property Details for 17255 Panama City Beach Pkwy

Lot size
0.35 AC
Zone code
PCB02
Property type
Commercial land
APN
32745-051-000
APU
32745051000

Description

This exceptional 15,290 sq ft commercial lot, located at 17255 Panama City Beach Parkway in Panama City Beach, Florida (zip code 32413), presents a remarkable investment opportunity. Priced at $349,000, this property boasts a highly desirable CH (commercial high intensity) zoning designation. Its strategic location beside Trustmark Bank, just west of the intersection of Highway 79, ensures high visibility and accessibility. The lot features two convenient entrances, maximizing exposure to the substantial daily traffic count of 43,500 vehicles. Surrounded by a thriving commercial landscape including established businesses such as Waffle House, Texaco, Exxon, Buddy's Seafood, Taco Bell, O'Reilly Auto Parts, Advance Auto Parts, and Grease Pro, this property benefits from a strong existing customer base and significant foot traffic. This prime location offers unparalleled potential for a wide range of commercial ventures, making it an ideal investment for discerning buyers seeking a high-return opportunity in a bustling and popular Florida destination. The Bay County location provides easy access to major roadways and amenities. This is a rare opportunity to acquire a well-situated commercial lot in a high-growth area.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Industrial / Distribution
    $5,685,200
    Retail / Commercial
    $2,930,270
    Mixed-Use / Specialty
    $2,931,590
    Hospitality / Lodging
    $2,166,130
    Office
    $2,926,420
    Institutional / Educational
    $3,051,870
    Residential Income
    $3,570,690
    Multifamily
    $4,217,270
    Automotive / Energy
    $2,615,890
    Parking / Income-Based Land
    $891,089
    Restaurant / Food Service
    $1,549,850
    Healthcare / Senior Housing
    $2,994,220

Location Insight

City
Panama City Beach
County
Bay
State
Florida
Latitude
30.2311
Longitude
-85.8929
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
$2,375
$197,082
$10,800
$207,882
-
$197,082
$10,800
$207,882

FAQs

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