$4,400,000
Panama City Beach, FL 32407
MLS# 1003060
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Property Description
Exceptional commercial development site located on highly traveled Panama City Beach Parkway in the center of the fastest-growing corridors in Panama City Beach. This high-visibility parcel is zoned GC-3 General Commercial within unincorporated Bay County. The property includes approximately 345 feet of frontage on Panama City Beach Parkway with 700 feet of depth. The annual average daily traffic count is estimated at an impressive 44,500 vehicles. The property provides outstanding flexibility for retail, mixed-use, hospitality/hotel, multi-family, medical, automotive, restaurant, self-storage, office, or large-scale commercial development opportunities. Strategically positioned near the rapidly expanding Publix Sports Park corridor on Chip Seal Parkway, the property benefits from substantial ongoing residential, recreational, and infrastructure growth throughout the surrounding area. The sports complex features championship-caliber soccer and multi-purpose athletic fields that attract year-round regional and national tournaments, generating significant visitor traffic and economic impact for the area. The site is also located near the new A. Gary Walsingham Academy Elementary School and continuing residential expansion surrounding the Breakfast Point and Chip Seal Parkway developments, creating strong long-term demand drivers for commercial services, retail, restaurants, medical users, and neighborhood-oriented businesses. Additional area growth is being fueled by ongoing
Details
Contract Info
GCCMLS Number: 44871943
Listing Board: Emerald Coast
List Date: 2026-05-11
List Price: $4,400,000
Location, Tax and Legal
Sub Area: 2721 - Beach - North Central
Legal Description: G C 2ND ADD LOT 9 LESS WLY 200' ORB 3431 P 708
General Property Info
Listed on GCCMLS: Yes
Vacant: No
Immediate Occupancy: No
Lot Depth: 700
Lot Frontage: 345
Acreage: 5.4
Listing Info, Tax & Legal
As Is: Yes
Remarks & Misc
Remarks: Exceptional commercial development site located on highly traveled Panama City Beach Parkway in the center of the fastest-growing corridors in Panama City Beach. This high-visibility parcel is zoned GC-3 General Commercial within unincorporated Bay County. The property includes approximately 345 feet of frontage on Panama City Beach Parkway with 700 feet of depth. The annual average daily traffic count is estimated at an impressive 44,500 vehicles. The property provides outstanding flexibility for retail, mixed-use, hospitality/hotel, multi-family, medical, automotive, restaurant, self-storage, office, or large-scale commercial development opportunities. Strategically positioned near the rapidly expanding Publix Sports Park corridor on Chip Seal Parkway, the property benefits from substantial ongoing residential, recreational, and infrastructure growth throughout the surrounding area. The sports complex features championship-caliber soccer and multi-purpose athletic fields that attract year-round regional and national tournaments, generating significant visitor traffic and economic impact for the area. The site is also located near the new A. Gary Walsingham Academy Elementary School and continuing residential expansion surrounding the Breakfast Point and Chip Seal Parkway developments, creating strong long-term demand drivers for commercial services, retail, restaurants, medical users, and neighborhood-oriented businesses. Additional area growth is being fueled by ongoing
Class
Land: 1
Construction Status
Existing: 1
Land
Property Type: Commercial
Doors & SqFt
Door Height: 14
Warehouse SF: 5000
None
Current Price: $4,400,000
Status Change Info
Status: Active
Location Tax and Legal
Area: 27 - Bay County
Street #: 8308
Street Name: Panama City Beach
Street Suffix: Parkway
State: FL
Zip Code: 32407
County: Bay
Parcel ID: 27904-000-000
Property Features
Class: Land
Construction Status: Existing
Supplements
roadway and infrastructure improvements, including the expansion and connectivity plans surrounding Philip Griffitts Parkway and Chip Seal Parkway, designed to improve traffic flow and accessibility throughout Panama City Beach. The property also includes a large building with 9,180 square feet of space. The building includes approximately 5,000 square feet of warehouse, four--12' x 14' roll up doors, 14' clear ceiling height, and 4,000 square feet of office-showroom. The property is currently leased by HERC Rental with the lease expiring on May 31, 2027. Property Highlights " Approximately 345' of Panama City Beach Parkway frontage " Excellent visibility and accessibility " AADT 44,500 " Minutes from beaches, schools, sports facilities, and major residential growth " Located within a rapidly expanding commercial corridor " Ideal for hospitality, mixed-use, medical, automotive sales, or investment development With continued explosive growth throughout the east end of Panama City Beach and limited remaining commercial frontage opportunities along this corridor, this property represents a premier long-term investment and development opportunity.
Listing Office: Counts Real Estate Group Inc
Last Updated: May - 14 - 2026
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.
