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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.
' 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
Amenities
Monthly Cost Estimate
$15,269/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
12216 Panama City Beach Parkway
Panama City Beach, FL 32407
No Named Subdivision
Property Details
Construction
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.





