12011 Panama City Beach Parkway, Panama City Beach, FL 32407

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Sold Price
$2,850,000
List Price
$3,100,000
Status
CLOSED
Closing Date
May 29, 2026
MLS#
787393
Subtype
Commercial Sale
Year Built
2002
Lot Size
41,817
Acres
0.96
Subdivision
[No Recorded Subdiv]
Neighborhood
Beach - Middle Central
MLS Area Major
Bay County - Beach

Property Description

Position your business or investment portfolio for success with this exceptional commercial opportunity located directly on highly traveled Panama City Beach Parkway. With an impressive traffic count of approximately 52,000 vehicles per day, this property delivers outstanding visibility and consistent exposure along one of the area's most active corridors. The building offers approximately 15,550 square feet of solid steel construction with a durable metal roof, designed for long-term performance and low maintenance. Its flexible layout allows for easy subdivision into multiple units, creating a prime opportunity for multi-tenant occupancy and diversified income streams. Investors will appreciate the strong income-producing potential, with the ability to lease multiple suites to a mix of retail, office, or service-based tenants. The additional restaurant space, complete with a vented hood, provides a valuable opportunity to attract a high-demand food and beverage tenant--further enhancing rental income and overall property value. The all-glass storefront maximizes visibility and curb appeal, while 26 on-site parking spaces support tenant and customer convenience. A monument sign with a digital display board offers premium advertising exposure, adding further value for tenants and increasing lease desirability. Whether you're seeking a high-visibility location for your own business, a multi-tenant investment with strong cash flow potential, or a value-add opportunity in a rapidly growing market, this property offers the versatility and upside to deliver long-term returns.

Additional Information

Zoning
Business, Office/Prof
Heating
Central, Electric
Exterior Construction
Metal Siding, Steel Frame, Stucco
Foundation
Slab
Parking
Paved
Elementary School
Hutchison Beach
Middle School
Surfside
High School
Arnold

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Calculator source: Real Geeks

Listing courtesy of Counts Real Estate Group Inc. Selling Office: Empire Real Estate of Florida LLC.