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About This Home

This 0-bedroom, 0-bathroom single family at 12216 Panama City Beach Parkway in Panama City Beach, FL is listed for $2,855,000 ($218 per sqft). Built in 1996, the home offers 13,125 sqft of living space on a 1.54 acres lot.

Agent Description

' 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.

Key Features

  • Built in 1996
  • 1.54 acre lot

Property Details

1996

Amenities

A/C

Monthly Cost Estimate

$15,269/mo

20% down · 6.5% · 30 years

Principal$2,065
Interest$12,372
Insurance$833

Estimates only. Actual payments may vary.

Location

12216 Panama City Beach Parkway

Panama City Beach, FL 32407

No Named Subdivision

Property Details

Construction

MetalSiding Stucco

Questions & Answers

This 0-bedroom, 0-bathroom single family at 12216 Panama City Beach Parkway is listed at $2,855,000 ($218/sqft). The estimated monthly payment is $12,372 based on 20% down at 6.5% interest.

Key features include: Built in 1996, 1.54 acre lot.

This property is listed by Justin Cater LLC and can be reached at 8508197445 or justincater30a@gmail.com.

JL

Justin Cater LLC

Agent at EXP Realty LLC

(850) 819-7445

Listed by EXP Realty LLC

MLS# 779594· Source: listhub· Updated 250 days ago

Copyright © 2026 Central Panhandle Association of REALTORS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

12216 Panama City Beach Parkway, Panama City Beach, FL 32407

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