12216 Panama City Beach Parkway
Panama City Beach, FL 32407
MLS# 779594
13125 sqft
Property Description' Owner financing available' Prime investment opportunity on Panama City Beach Parkway! This 13,125 sq. ft. metal strip center sits on 1.54 acres and offers six versatile rental spaces in varying sizes. Five of the spaces are already leased, with one space currently vacant and ready for a new business, providing additional upside potential.
The property is zoned C-3 commercial, allowing for a wide range of business uses. It features ample on-site parking, excellent visibility, and direct frontage along Panama City Beach Parkway with a traffic count of over 100,000 cars per day.
Located in the heart of Panama City Beach, this high-traffic corridor is central to the area's busiest commercial activity and just minutes from Pier Park. Rarely does a property of this scale, location, and stability come available—ideal for investors seeking strong rental income with room to grow.
List Price/SqFt: 217.52
List Date: 2025-09-24
List Price: $2,855,000
Current Price: $2,855,000
Sub Area: 0321 - Beach - North Central
Community/Resort: None
Waterfront: No
Elementary School: Hutchison Beach
Middle School: Surfside
High School: Arnold
Directions: West on Back Beach on your right.
Area: 03 - Bay County - Beach
Street #: 12216
Street Name: Panama City Beach
Street Suffix: Parkway
State: FL
Zip Code: 32407
County: Bay
Subdivision: No Named Subdivision
Parcel ID: 33998-000-000
Legal Description: 22 3S 16W -4- 37D BEG AT SE COR TH N 336.60' W 209.97' S 346.34' TO NLY R/W OF HWY 98 TH SELY 212.27' TH N 40.60' TO POB ORB 2830 P 1061
List Class: Commercial
Acreage: 1.54
Construction Status: Construction Complete
SqFt Tot Bldg: 13125
Remarks: ' Owner financing available' Prime investment opportunity on Panama City Beach Parkway! This 13,125 sq. ft. metal strip center sits on 1.54 acres and offers six versatile rental spaces in varying sizes. Five of the spaces are already leased, with one space currently vacant and ready for a new business, providing additional upside potential.
The property is zoned C-3 commercial, allowing for a wide range of business uses. It features ample on-site parking, excellent visibility, and direct frontage along Panama City Beach Parkway with a traffic count of over 100,000 cars per day.
Located in the heart of Panama City Beach, this high-traffic corridor is central to the area's busiest commercial activity and just minutes from Pier Park. Rarely does a property of this scale, location, and stability come available—ideal for investors seeking strong rental income with room to grow.
Foundation - Slab on Grade: 1
Roof - Metal: 1
Siding - Metal: 1
Siding - Stucco: 1
AC - 2 or More: 1
AC - Central Elect: 1
Electricity - Connected: 1
Public Sewer - Connected: 1
Retention Pond: 1
Site - Strip Mall: 1
Energy: AC - 2 or More; AC - Central Elect
Present Zoning: Commercial
Site Description: Retention Pond; Site - Strip Mall
Utilities: Electricity - Connected; Public Sewer - Connected; Water Connected
Listing Office: EXP Realty LLC
Last Updated: February - 10 - 2026
Information deemed reliable but not guaranteed.