12610 Front Beach Road, Panama City Beach, FL 32407

$19,000,000
Property Type: Commercial for Sale Lot Size (sq. ft.): 1,258,013 Status: Pending
Current Price: $19,000,000 List Date: 1/05/2026 Last Modified: 3/23/2026

Overview

Description

The Phillips Portfolio represents a once-in-a-generation opportunity to invest in one of America's most dynamic growth markets. The Portfolio has been strategically assembled to include an inventory of 43 high-value assets. These assets span across Northwest Florida and include residential, commercial, and industrial assets. Structured with current income-producing, in-process development parcels and greenfield land opportunities. The Phillips Portfolio offers above-market return opportunities across the immediate, medium, and long-term investment horizons. Inquire with Listing Agents for full portfolio information. The Kukla property represents one of the last large acreage development opportunities along the NWFL Gulf Coast. Located in the heart of Panama City Beach, this +/-28ac property has frontage along Front Beach Rd (Scenic Hwy 98), Clara Ave, Hutchison Blvd, and Lyndell Lane. The property represents a tremendous opportunity for Build-to-Rent, Resort RV Park, or a myriad o

Listing Details MLS# 780378

Contract Info

Sub-Type
Land

Location

Area
03 – Bay County – Beach
Street #
12610
Street Name
Front Beach
Street Suffix
Road
State
FL
Zip Code
32407
County
Bay
Sub Area
0320 – Beach – Middle Central
Subdivision
[No Recorded Subdiv]
Community/Resort
None
Waterfront
No
Parcel ID
34068-000-000
Elementary School
Hutchison Beach
Middle School
Surfside
High School
Arnold
Directions
Traveling West on US Highway 98, turn South onto Clara ave. Travel a half mile to the intersection of Clara ave and Hutchison blvd. The subject property lies on the SE corner of the intersection.
Legal Description
27 3S 16W -33- 38A4 COM AT INT OF SLY R/W OF HUTCHISON BLVD & ELY R/W OF CLARA AV E 20.94' SLY 868.11' SELY 311.68' SWLY 1148.25' NW 476' N 297.45' NWLY 386.27' N 283.53' E 240.07' N 180.16' W 239.40' NLY 81.88' TO POB *AND COM AT INT OF SLY R/W OF H UTCHISON BLVD & ELY R/W OF CLARA AV S 157.95' SLY 461.45' SELY 320' SLY 79.15' W 124.58' S 149.62' E 128.46' S 55.85'

General Property Info

List Class
Commercial
Construction Status
To Be Built
Acreage
28.88
SqFt Tot Bldg
0

Status Change Info

Under Contract Date
2026-03-20

Listing Info, Tax and Legal

HOA Fee
No

Remarks & Misc

Remarks
The Phillips Portfolio represents a once-in-a-generation opportunity to invest in one of America's most dynamic growth markets. The Portfolio has been strategically assembled to include an inventory of 43 high-value assets. These assets span across Northwest Florida and include residential, commercial, and industrial assets. Structured with current income-producing, in-process development parcels and greenfield land opportunities. The Phillips Portfolio offers above-market return opportunities across the immediate, medium, and long-term investment horizons. Inquire with Listing Agents for full portfolio information. The Kukla property represents one of the last large acreage development opportunities along the NWFL Gulf Coast. Located in the heart of Panama City Beach, this +/-28ac property has frontage along Front Beach Rd (Scenic Hwy 98), Clara Ave, Hutchison Blvd, and Lyndell Lane. The property represents a tremendous opportunity for Build-to-Rent, Resort RV Park, or a myriad of other mixed-use development opportunities. Ideal zoning, proximate to tourism/commercial amenities, schools, and the beaches of Panama City.

More Information

Floors in Unit/Home

One
Yes
Listing Office: NAI TALCOR
Last Updated: March – 23 – 2026
Information deemed reliable but not guaranteed.