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11832 Front Beach Rd 10,400 SF Retail Building Panama City Beach, FL 32407 $6,840,008 CAD ($657.69 CAD/SF)
INVESTMENT HIGHLIGHTS
- Waterview on Front Beach Rd.
- Property is situated between Alf Coleman and Richard Jackson Blvd. on Front Beach Rd.
- Zoning allows for mixed usage.
EXECUTIVE SUMMARY
Looking to be on Front Beach Road between two active hub roads of Panama City Beach, Alf Coleman & Richard Jackson Blvd. This property has so much potential for future development with over half an acre and 158 ft on Front Beach Road. Currently property across the street is undeveloped. Current owner has a golf cart & sling shot business actively running in one of the end spaces. The other end unit has an active tenant. Zoning is CH Commercial High Intensity. Future widening of Front Beach Road has not been completed, but seller is working with the city to determine all the details.
Please do not go to the property and bother the tenants. Middle units have roof damage and are not presently being used. Building needs a new roof, but may be better suited for tear down and future site of a commercial condo or hotel with retail below similar to Grand Panama or Origins with underground parking.
Please do not go to the property and bother the tenants. Middle units have roof damage and are not presently being used. Building needs a new roof, but may be better suited for tear down and future site of a commercial condo or hotel with retail below similar to Grand Panama or Origins with underground parking.
PROPERTY FACTS
Sale Type
Investment or Owner User
Sale Condition
Redevelopment Project
Property Type
Retail
Property Subtype
Building Size
10,400 SF
Building Class
C
Year Built
1955
Price
$6,840,008 CAD
Price Per SF
$657.69 CAD
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.41
Lot Size
0.58 AC
Zoning
CH - Commercial - High Intensity (CH)
Parking
20 Spaces (1.92 Spaces per 1,000 SF Leased)
Frontage
158’ on Front Beach Rd
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 34786-000-000 | Improvements Assessment | $531,183 CAD |
| Land Assessment | $730,692 CAD | Total Assessment | $1,261,875 CAD |
PROPERTY TAXES
Parcel Number
34786-000-000
Land Assessment
$730,692 CAD
Improvements Assessment
$531,183 CAD
Total Assessment
$1,261,875 CAD
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11832 Front Beach Rd
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