Residential Land for Sale in Panama City Beach, Florida
12216 Panama City Beach Pkwy, Panama City Beach, FL 32407
' 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.
Location
- Street address
- 12216 Panama City Beach Pkwy
- County
- Bay County
- Elevation
- 26 feet
Directions
West on Back Beach on your right.
Property details
- Acreage
- 1.54 acres
- MLS #
- BCAR 779594
- Posted
Parcels
- 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
Details and features
Listing
- Type
- Residential
Lot
- Features
- Pond On Lot
Structure
- Sewer
- Public Sewer
- Materials
- Metal Siding
Nearby schools
| Name | Level | District | Description |
|---|---|---|---|
| Hutchison Beach | Elementary | — | — |
| Surfside | Middle | — | — |
| Arnold | High | — | — |
Listing history
| Date | Event | Price | Change | Source |
|---|---|---|---|---|
| Nov 20, 2025 | Price drop | $2,850,000 | $300,000 -9.5% | BCAR |
| Nov 18, 2025 | New listing | $3,150,000 | — | BCAR |