12216 Panama City Beach Parkway, Panama City Beach, FL 32407 (MLS# 779594)

12216 Panama City Beach Parkway, Panama City Beach, FL 32407

$2,855,000

Property Type: Commercial for Sale Square Footage: 13,125 Lot Size (sq. ft.): 67,082 Status: Active

Current Price: $2,855,000 List Date: 9/26/2025 Last Modified: 2/10/2026

Overview

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.

Listing Details MLS# 779594

Contract Info

List Price/SqFt: 217.52
Sub-Type: Other

Location

Area: 03 – Bay County – Beach
Street #: 12216
Street Name: Panama City Beach
Street Suffix: Parkway
State: FL
Zip Code: 32407
County: Bay
Sub Area: 0321 – Beach – North Central
Subdivision: No Named Subdivision
Community/Resort: None
Waterfront: No
Parcel ID: 33998-000-000
Elementary School: Hutchison Beach
Middle School: Surfside
High School: Arnold
Directions: West on Back Beach on your right.
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

General Property Info

List Class: Commercial
Construction Status: Construction Complete
Acreage: 1.54
SqFt Tot Bldg: 13125
Year Built: 1996

Listing Info, Tax and Legal

HOA Fee: No

Remarks & Misc

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.

More Information

Construction/Siding

Foundation – Slab on Grade: Yes
Roof – Metal: Yes
Siding – Metal: Yes
Siding – Stucco: Yes

Energy

AC – 2 or More: Yes
AC – Central Elect: Yes

Financing

Cash: Yes

Present Zoning

Commercial: Yes

Utilities

Electricity – Connected: Yes
Public Sewer – Connected: Yes
Water Connected: Yes

Sale Type

As Is: Yes

Business/Property

AAA Tenant: Yes

Floors in Unit/Home

One: Yes

Heating/Cooling

AC – Central: Yes

Site Description

Retention Pond: Yes
Site – Strip Mall: Yes

Property Features

Energy: AC – 2 or More; AC – Central Elect Financing: Cash Present Zoning: Commercial Sale Type: As Is 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.