Sold
Address
12011 Panama City Beach Parkway, Panama City Beach, FL
Price
$ 2,850,000
Property Attributes
- MLS#787393
- TypeCommercial
- Listing Status Closed
- CountyBay
- CityPanama City Beach
- Area03 - Bay County - Beach
- Neighborhood[No Recorded Subdiv]
- Zip32407
- Style
- Year Built2002
- Price$ 2,850,000
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Sqr Footage15550
- Lot Size0.96 Acres
Data Source:
Central Panhandle Association of REALTORS® (CPAR)
Property Description
Position your business or investment portfolio for success with this exceptional commercial opportunity located directly on highly traveled Panama City Beach Parkway. With an impressive traffic count of approximately 52,000 vehicles per day, this property delivers outstanding visibility and consistent exposure along one of the area's most active corridors. The building offers approximately 15,550 square feet of solid steel construction with a durable metal roof, designed for long-term performance and low maintenance. Its flexible layout allows for easy subdivision into multiple units, creating a prime opportunity for multi-tenant occupancy and diversified income streams. Investors will appreciate the strong income-producing potential, with the ability to lease multiple suites to a mix of retail, office, or service-based tenants. The additional restaurant space, complete with a vented hood, provides a valuable opportunity to attract a high-demand food and beverage tenant--further enhancing rental income and overall property value. The all-glass storefront maximizes visibility and curb appeal, while 26 on-site parking spaces support tenant and customer convenience. A monument sign with a digital display board offers premium advertising exposure, adding further value for tenants and increasing lease desirability. Whether you're seeking a high-visibility location for your own business, a multi-tenant investment with strong cash flow potential, or a value-add opportunity in a rapidly growing market, this property offers the versatility and upside to deliver long-term returns.
| Elementary School | Middle School | High School |
|---|---|---|
| Hutchison Beach Elementary School | Surfside Middle School | Arnold High School |
| Price History | |
|---|---|
| 3/25/2026 | Listed $3,100,000 |
General Features
| Sewer | Public Sewer |
|---|---|
| Utilities | Sewer Available |
| Property Subtype | Retail |
| County | Bay |
| Property Type | Commercial Sale |
| HOA | false |
| Subdivision Name | [No Recorded Subdiv] |
| Status | Closed |
| Directions | Florida Linen building is a half mile east of Alf Coleman Rd |
| High School | Arnold |
| City | Panama City Beach |
| Zoning Description | Business, Office/Prof |
| MLS Area | 03 - Bay County - Beach |
| Lot Size Units | Acres |
| Lot Size Square Feet | 41817.6 |
| Elementary School | Hutchison Beach |
| Middle/Junior High School | Surfside |
| MLS Area Minor | 0320 - Beach - Middle Central |
| Standard Status | Closed |
| Property Sub Type Additional | Retail |
| Possible Use | Commercial |
| Occupancy Type | Occupied |
| Year Built | 2002 |
| Heating | Central,Electric |
| Construction Materials | Metal Siding,Steel Frame,Stucco |
| Accessibility | Accessible Common Area,Accessible Approach with Ramp |
Interior Features
| Air Conditioning Y/N | true |
|---|---|
| Heating Y/N | true |
Exterior Features
| Lot Size Area | 0.96 |
|---|---|
| Mobile Home Dimensions | Feet |
| Lot Size Acres | 0.96 |
| Parking Features | Paved |
| Building Area Total | 15550 |
| Waterfront Y/N | false |
| Foundation Details | Slab |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Commercial Average in 32407
Price
Year Built
In The Neighborhood
Just Listed
Panama City
$ 599,000
0 S Bear Creek Road
Panama City, FL 32404
- Type
- Commercial
- Size
- 3,996 SqFt
Just Listed
Panama City
$ 3,195,000
1000 Beck Avenue
Panama City, FL 32401
- Type
- Commercial
- Size
- 7,618 SqFt
Emerald Coast Association of REALTORS®, Inc. All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers
Listing data provided by: Central Panhandle Association of Realtors (CPAR)
Information deemed reliable but not guaranteed. The information is provided exclusively for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data relating
