16215 Panama City Beach Pky - Office FOR SALE


Panama City Beach, FL 32413
$1,450,000 USD
850-913-9133
16215 Panama City Beach Pky, Panama City Beach, FL for Sale
$1,450,000 USD
Office - FOR SALE
1/2
null | Request Cap Rate

16215 Panama City Beach Pky
Panama City Beach, FL 32413


HIGHLIGHTS

  • Located on 1.12 acres with 26 dedicated surface parking spaces (6.57/1,000 SF)
  • Excellent visibility and access with traffic counts exceeding 39,000 VPD
  • Surrounded by medical, legal, and financial services and near Pier Park

OVERVIEW

16215 Panama City Beach Parkway is a 3,955 SF professional office building ideally positioned in the heart of Panama City Beach’s west end business corridor. Constructed in 2000 with steel-frame construction and stucco exterior, this well-maintained single-tenant building is home to a prominent local law firm and offers a high-visibility location with over 39,000 vehicles per day. The 1.12-acre parcel includes 26 surface parking spaces and boasts a 0% vacancy rate in a highly desirable corridor between Pier Park and Highway 79. Strategically situated on Panama City Beach Parkway (US Highway 98), the property is minutes from Pier Park, Northwest Florida Beaches International Airport, and major regional connectors. Nearby national retailers, professional services, and strong demographic trends contribute to high area demand, with population and household growth both projected at 14–15% over the next five years within a 3-mile radius.

FOR SALE DETAILS

PRICE

$1,450,000 USD

PRICE/SF

$367 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

B

YEAR BUILT

2000

SPRINKLERS

-

PARKING SPACES

26

LAND DETAILS

LAND ACRES

1.12 AC

LAND SF

48,787 SF

ZONING

PCB03

APN/PARCEL ID

32781-010-000

ASK ABOUT THIS PROPERTY

Kevin WattenbargerWattenbarger Commercial | Five Bridges Real EstateMore Info
850-913-9133

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Kevin WattenbargerWattenbarger Commercial | Five Bridges Real EstateMore Info
850-913-9133

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.