Property
Beds
None
Full Baths
None
1/2 Baths
None
Year Built
1955
Sq.Footage
10,416
PRIME FRONT BEACH ROAD COMMERCIAL REDEVELOPMENT OPPORTUNITY IN THE HEART OF PANAMA CITY BEACH. Located at 11832 Front Beach Road, this highly visible property offers approximately 158.5 feet of frontage along Front Beach Road and approximately 0.57 acres, positioned between two of Panama City Beach's major north-south corridors, Richard Jackson Boulevard and Alf Coleman Road. The property is currently improved with an approximately 10,416-square-foot commercial building, including approximately 9,600 square feet of HVAC space. Portions of the building are currently occupied and generating activity, including an operating golf cart and Slingshot rental business and an additional tenant. Other portions of the building are presently unused due to roof damage. The property is currently identified as CH - Commercial High Intensity, providing an opportunity for an investor, owner-user, or developer to evaluate a variety of potential commercial and redevelopment uses, subject to verification and approval by the appropriate governmental authorities. With its substantial Front Beach Road frontage, high-visibility location and proximity to established commercial businesses, resorts, restaurants, entertainment venues and beach access, this site may be particularly attractive for future redevelopment. Potential concepts could include a larger commercial project, mixed-use development, hospitality or condominium-related development with ground-floor retail, subject to zoning, density, height, parking, access, storm water and other applicable development requirements and governmental approvals. The property also benefits from its location directly across Front Beach Road from currently undeveloped property, creating additional visibility from the roadway. Front Beach Road improvements and future right-of-way considerations should be independently verified. The Seller is currently working to obtain additional information regarding the anticipated Front Beach Road widening and its potential impact on the property. The offering includes real estate, lease interests, inventory and FF&E, as applicable to the transaction and subject to clarification by Seller. This is an opportunity to acquire a substantial commercial site along one of Panama City Beach's primary tourism and commercial corridors, with the ability to benefit from the property's current use while evaluating its longer-term redevelopment potential. Property is occupied. Please do not disturb tenants or operating businesses. Showings are by appointment only.
Features & Amenities
Interior
-
Total Bedrooms
N/A
-
Bathrooms
N/A
-
Pet friendly
N/A
Exterior
-
Garage
No
-
Pool
No
-
Waterfront YN
NO
-
View
Water
Area & Lot
-
Lot Size(acres)
0.57
-
Lot Size(square feet)
24,829
-
Property Type
Commercial Sale
-
Property Sub Type
Other
Price
-
Sales Price
$4,900,000
-
Zoning
Other - See Remarks
-
Sq. Footage
10,416
-
Price/SqFt
$470
HOA
-
Association
No
School District
-
Elementary School
Hutchison Beach
-
Middle School
Surfside
-
High School
Arnold
Property Features
-
Stories
1
-
Sewer
Public Sewer
Schedule a Showing
Showing scheduled successfully.
Mortgage calculator
Estimate your monthly mortgage payment, including the principal and interest, property taxes, and HOA. Adjust the values to generate a more accurate rate.
Your payment
Principal and Interest:
$
Property taxes:
$
HOA fees:
$
Total loan payment:
$
Total interest amount:
$
Location
County
Bay
Elementary School
Hutchison Beach
Middle School
Surfside
High School
Arnold
Listing Courtesy of Tammy E Snow , RC Real Estate Group
RealHub Information is provided exclusively for consumers' personal, non-commercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. RealHub website owner shall not be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.
REALTOR®
Dee Anderson
Call Dee today to schedule a private showing.
* Listings on this website come from the FMLS IDX Compilation and may be held by brokerage firms other than the owner of this website. The listing brokerage is identified in any listing details. Information is deemed reliable but is not guaranteed. If you believe any FMLS listing contains material that infringes your copyrighted work please click here to review our DMCA policy and learn how to submit a takedown request.© 2024 FMLS.