# 8406 Panama City Beach Parkway, Panama City Beach, FL 32407

> **TL;DR:** single family, $3,985,000 ($316/sqft), built 1984, 12,622 sqft.
> A/C. Est. $17,268/mo. Listed 319 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $3,985,000 |
| Price/sqft | $316 |
| Square Feet | 12,622 |
| Year Built | 1984 |
| Lot Size | 130,680 sqft (3.00 acres) |
| Property Type | Single Family (Other) |
| Status | For Sale |
| Days on Market | 319 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Mortgage (20% down, 6.5%) | $17,268 |
| **Total** | **$17,268** |

## Nearby Schools

- **Elementary:** Breakfast Point
- **Middle:** Breakfast Point
- **High:** Arnold

## Key Amenities

- A/C

## Property Highlights

- Built in 1984
- 3.00 acre lot

## Description

### Agent Description
A rare opportunity for investors and developers to capitalize on immediate equity and long-term upside. This strategically located property with 200 ft of frontage on high traffic Hwy 98 recently appraised at $4,085,000, yet is being offered for just $3,985,000. Additionally, the current appraisal does not reflect the in-process Development Order (DO) or the significant investment already made toward its approval - specifically for the back 2 acres of the property. Building has the following occupancy: Unit A - (600 Sq.Ft.) Rented, Units B-C (1200 Sq.Ft.) Rented, Units D-E-F (1800 Sq.Ft.) Rented, Unit G (900 Sq.Ft.) Rented, Units H-I + warehouse, (2500 Sq.Ft.) Rented, Units J-K-L + warehouse (owner occupied), Unit M (600 Sq.Ft.) Rented, Unit N (600 Sq.Ft.) Rented! Also, the large billboard pays the building owner $7,500/yr rent. Don't miss this unique opportunity!

## Location

- **Address:** 8406 Panama City Beach Parkway, Panama City Beach, FL 32407
- **County:** Bay
- **Neighborhood:** No Named Subdivision
- **Coordinates:** 30.189785, -85.779958
- **Google Maps:** https://www.google.com/maps?q=30.189785,-85.779958

## Listing Agent

- **Name:** Brian J Kehl
- **Brokerage:** Gulf Life Real Estate Inc
- **Phone:** 8502585484
- **Email:** bk0816@yahoo.com

## Primary Photo

![8406 Panama City Beach Parkway - Primary Photo](http://lh.rdcpix.com/6be66ee2123a64661edebca28a22509el-f1422359837r.jpg)

*22 total photos available on [listing page](https://www.propertysimple.com/listing/8406-panama-city-beach-parkway-panama-city-beach-fl-32407-l776552)*

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**MLS#:** 776552 | **Updated:** 2026-06-19
**Source:** listhub

*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.*

[View on PropertySimple](https://www.propertysimple.com/listing/8406-panama-city-beach-parkway-panama-city-beach-fl-32407-l776552)

---

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