$2,400,000
Panama City Beach, FL 32407
MLS# 772130
Status: Pending
5135 sqft
1 / 11
Property Description
The property at 10071 Hutchison Boulevard offers a 5,135 ± SF freestanding restaurant building situated on 1.39 ± acres in the heart of Panama City Beach, Florida. The building will be delivered vacant and free of any leasehold interests at closing, providing an ideal opportunity for an owner-user or redevelopment project. The property features a well-designed floor plan with existing kitchen infrastructure, multiple dining areas, and ample on-site parking. This offering presents a rare opportunity to acquire a nearly Turn Key restaurant property located at a signalized hard corner in Panama City Beach, Florida. The 5,135 SF freestanding building, formerly operated as Applebee's. The property is located at the southeast corner of Hutchison Boulevard and Churchwell Drive, featuring full access via a traffic signal and exceptional visibility. With 95 total parking spaces (18.5 per 1,000 SF), the site offers excellent fundamentals for a restaurant user or future repositioning for redevelopment.
Details
Maps
Contract Info
List Price/SqFt: 467.38
List Date: 2025-04-17
List Price: $2,400,000
Current Price: $2,400,000
Sub-Type: Retail
Location
Sub Area: 0320 - Beach - Middle Central
Community/Resort: None
Waterfront: No
Elementary School: Hutchison Beach
Middle School: Surfside
High School: Arnold
Directions: Property Address: 10071 Hutchison Boulevard, Panama City Beach, 32407.
Area: 03 - Bay County - Beach
Street #: 10071
Street Name: Hutchison
Street Suffix: Boulevard
State: FL
Zip Code: 32407
County: Bay
Subdivision: No Named Subdivision
Parcel ID: 34881-112-000
Legal Description: See deed for legal description.
General Property Info
List Class: Commercial
Acreage: 1.39
Construction Status: Construction Complete
SqFt Tot Bldg: 5135
Year Built: 1999
Listing Info, Tax and Legal
HOA Fee: No
Remarks & Misc
Remarks: The property at 10071 Hutchison Boulevard offers a 5,135 ± SF freestanding restaurant building situated on 1.39 ± acres in the heart of Panama City Beach, Florida. The building will be delivered vacant and free of any leasehold interests at closing, providing an ideal opportunity for an owner-user or redevelopment project. The property features a well-designed floor plan with existing kitchen infrastructure, multiple dining areas, and ample on-site parking.
This offering presents a rare opportunity to acquire a nearly Turn Key restaurant property located at a signalized hard corner in Panama City Beach, Florida. The 5,135 SF freestanding building, formerly operated as Applebee's. The property is located at the southeast corner of Hutchison Boulevard and Churchwell Drive, featuring full access via a traffic signal and exceptional visibility. With 95 total parking spaces (18.5 per 1,000 SF), the site offers excellent fundamentals for a restaurant user or future repositioning for redevelopment.
Floors in Unit/Home
One: 1
Status Change Info
Status: Pending
Under Contract Date: 2026-01-21
Property Features
Listing Office: Five Bridges Real Estate Services Co. LLC
Last Updated: April - 07 - 2026
Information deemed reliable but not guaranteed.