$2,250,000
Panama City Beach, FL 32407
MLS# 985450
Status: Sold
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Property Description
Prime commercial retail investment opportunity located in the heart of Panama City Beach, Florida. Beachside Marketplace was built in 2009 and has stable 100% occupancy. Comprised of 10,174 square feet and divided into six units, the building was constructed of concrete block masonry and a TPO roof. There is tremendous upside as the majority of leases are below current market rental rates. Premier location directly across the street from the Super WalMart with a traffic light at the entrance to Beachside Marketplace aligned with the Panama City Beach Fire Station across the street.
Details
Contract Info
GCCMLS Number: 43366766
Listing Board: Emerald Coast
List Date: 2025-09-15
List Price: $2,760,000
Location, Tax and Legal
Sub Area: 2720 - Beach - Middle Central
Legal Description: 36-3S-16W -68.9- 47D3 BEG 72.98' W & 152.2' NWLY OF INTERS OF E. LI. OF NE 1/4 OF SW 1/4 & N R/W LI OF CLARENCE RD. TH NWLY 100' NELY 275.69' SELY 48.94' S 67.96' SWLY 230.84' TO POB.
General Property Info
Listed on GCCMLS: Yes
Vacant: No
Acreage: 1.13
Listing Info, Tax & Legal
As Is: Yes
Remarks & Misc
Remarks: Prime commercial retail investment opportunity located in the heart of Panama City Beach, Florida. Beachside Marketplace was built in 2009 and has stable 100% occupancy. Comprised of 10,174 square feet and divided into six units, the building was constructed of concrete block masonry and a TPO roof. There is tremendous upside as the majority of leases are below current market rental rates. Premier location directly across the street from the Super WalMart with a traffic light at the entrance to Beachside Marketplace aligned with the Panama City Beach Fire Station across the street.
Class
Income Producing: 1
Other: 1
Construction Status
Existing: 1
Income Producing
Year Built: 2009
Building SqFt: 10125
Property Type: Retail
Other
# of Units: 6
None
Current Price: $2,250,000
Status Change Info
Status: Sold
Under Contract Date: 2025-09-16
Sold Date: 2025-12-22
Sold Price: $2,250,000
Location Tax and Legal
Area: 27 - Bay County
Street #: 10100
Street Name: Hutchison
Street Suffix: Boulevard
State: FL
Zip Code: 32407
County: Bay
Parcel ID: 34881-008-000
Property Features
Class: Income Producing; Other
Construction Status: Existing
Listing Office: Counts Real Estate Group Inc
Last Updated: December - 22 - 2025
All information is believed to be accurate but is not guaranteed. Protected by Copyright© 2026 and is owned either by the Emerald Coast Association of REALTORS®, Inc or by the developers of the software, FBS, Inc. All rights reserved.
