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0 Baths
12,622 sqft

$3,985,000

8406 Panama City Beach Parkway, Panama City Beach FL, 32407

Price per sqft$315.72
Built in1984
Property size12,622 sqft
Property typeCommercial

Overview

Active

Listed Jul 21, 2025

Updated Jul 11

A rare opportunity for investors and developers to capitalize on immediate equity and long-term upside. This strategically located property with 200 ft of frontage on high traffic Hwy 98 recently appraised at $4,085,000, yet is being offered for just $3,985,000. Additionally, the current appraisal does not reflect the in-process Development Order (DO) or the significant investment already made toward its approval — specifically for the back 2 acres of the property. Building has the following occupancy: Unit A - (600 Sq.Ft.) Rented, Units B-C (1200 Sq.Ft.) Rented, Units D-E-F (1800 Sq.Ft.) Rented, Unit G (900 Sq.Ft.) Rented, Units H-I + warehouse, (2500 Sq.Ft.) Rented, Units J-K-L + warehouse (owner occupied), Unit M (600 Sq.Ft.) Rented, Unit N (600 Sq.Ft.) Rented! Also, the large billboard pays the building owner $7,500/yr rent. Don't miss this unique opportunity!

Additional information

MLS® ID
776552

Interior Features

Bathrooms
0
Cooling
Yes
Heating
Yes
Basement
No

Exterior Features

Lot Size
3 Acres

 

Courtesy of Gulf Life Real Estate Inc, Brian J Kehl,
Listing Contact: 850-258-5484 

All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Salty Marlin Realty shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

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