19932 Front Beach Road, Panama City Beach, FL 32413

$2,200,000
Property Type: Commercial for Sale Square Footage: 3,380 Lot Size (sq. ft.): 20,473 Status: Pending
Current Price: $2,200,000 List Date: 12/16/2025 Last Modified: 3/25/2026

Overview

Description

Prime Multi-Parcel Investment with Operating Restaurant on Front Beach Road Exceptional opportunity to acquire five parcels being sold together (Parcel IDs: 36556-010-000 | 36554-010-000 | 36554-072-000 | 36556-000-000 | 36557-000-000), including a fully operational restaurant, Pho Pier 77, with an existing lease in place through 2029. The land and building convey with the sale, along with select equipment currently located within the restaurant building (to be confirmed), offering immediate income with long-term stability. Located at 19932 Front Beach Rd, Panama City Beach, FL 32413, the property benefits from a high-visibility position along one of Panama City Beach's primary commercial corridors. Front Beach Road is a major artery serving both residents and the area's strong tourism base, providing consistent traffic exposure and accessibility. Location Highlights & Area Amenities: Proximity to the Gulf of Mexico: Just moments from Panama City Beach's renowned white-sand

Listing Details MLS# 782722

Contract Info

List Price/SqFt
650.89
Sub-Type
Land

Location

Area
03 – Bay County – Beach
Street #
19932
Street Name
Front Beach
Street Suffix
Road
State
FL
Zip Code
32413
County
Bay
Sub Area
0324 – Beach – West Central
Business Name
Pho Pier 77
Subdivision
[No Recorded Subdiv]
Community/Resort
None
Waterfront
No
Parcel ID
36557-000-000
Elementary School
West Bay
Middle School
Surfside
High School
Arnold
Directions
heading west on front beach road, property is to your right
Legal Description
10 3S 17W -1.3A- 13D4 COM SW COR L-1 B-28 2ND ADD LAG BCH TH WLY 250' FOR POB TH W 60' N 100' E 60' S 100' TO POB ORB 3668 P 782

General Property Info

List Class
Lots/Land
Construction Status
Construction Complete
Acreage
0.47
SqFt Tot Bldg
3380
Year Built
1968

Status Change Info

Under Contract Date
2026-03-13

Business Only

Year Built
1968
Building SqFt
3380

More Information

Listing Info, Tax and Legal

HOA Fee
No

Remarks & Misc

Remarks
Prime Multi-Parcel Investment with Operating Restaurant on Front Beach Road Exceptional opportunity to acquire five parcels being sold together (Parcel IDs: 36556-010-000 | 36554-010-000 | 36554-072-000 | 36556-000-000 | 36557-000-000), including a fully operational restaurant, Pho Pier 77, with an existing lease in place through 2029. The land and building convey with the sale, along with select equipment currently located within the restaurant building (to be confirmed), offering immediate income with long-term stability. Located at 19932 Front Beach Rd, Panama City Beach, FL 32413, the property benefits from a high-visibility position along one of Panama City Beach's primary commercial corridors. Front Beach Road is a major artery serving both residents and the area's strong tourism base, providing consistent traffic exposure and accessibility. Location Highlights & Area Amenities: Proximity to the Gulf of Mexico: Just moments from Panama City Beach's renowned white-sand beaches and public beach access points. Strong Tourism Market: Situated in a well-established coastal destination known for year-round visitors, seasonal events, and recreational attractions. Surrounding Development: The area features a mix of commercial, hospitality, and residential properties, supporting steady demand and visibility. Accessibility: Convenient access to major roadways and within a reasonable drive of Northwest Florida Beaches International Airport. Future Potential: Additional parcels included in the sale may offer future development, expansion, or land-banking opportunities, subject to zoning and local approvals. This offering presents a rare combination of income-producing property and additional land holdings in a highly desirable beach market, making it well-suited for investors, developers, or owner-users seeking long-term upside. Do not disturb tenants. Additional details regarding lease terms, financials, and equipment list available upon request with executed confidentiality agreement.

Financing

Cash
Yes
Conventional
Yes

Present Zoning

General Commercial
Yes

Waterview

Gulf
Yes

Sale Type

As Is
Yes

Floors in Unit/Home

One
Yes

Heating/Cooling

AC – Central
Yes

Offering Type

Other – See Remarks
Yes

Pricing Type

Sale Price
Yes

Transport. Access

2-Lane
Yes

Property Features

Financing: Cash; Conventional Offering Type: Other – See Remarks Pricing Type: Sale Price Present Zoning: General Commercial Sale Type: As Is Waterview: Gulf
Listing Office: Think Real Estate
Last Updated: March – 25 – 2026
Information deemed reliable but not guaranteed.