$3,400,000
PENDING $300K PRICE DROP

Estimated payment $19,487/month

Total Views 7,190
-- Bed
-- Bath
3,928 Sq Ft
$866 Price per Sq Ft

Highlights

  • 3.57 Acre Lot
  • Cooling Available
  • Central Heating
  • No HOA
  • Accessible Doors

About This Home

Introducing a Prominent Commercial Property in Panama City Beach, FL! We are delighted to present a remarkable commercial property strategically located at the intersection of Front Beach Road and Allison Avenue in Panama City Beach, FL. Encompassing over 3.5 acres of prime real estate, this offering holds exceptional promise for astute business ventures. With a former banking establishment, this property offers a solid foundation for diverse business opportunities. Noteworthy is the presence of the original bank safe, providing an added layer of security that could be leveraged creatively. Ample parking provisions further enhance the practicality of this property, ensuring seamless accessibility for clientele. The strategic corner location guarantees high visibility, positioning it as an ideal destination for a range of commercial endeavors. This property invites consideration for various applications, from financial services to retail or dining establishments. Embrace the potential transformation of this space into a hub of enterprise and innovation. Explore the prospects of this exceptional commercial opportunity to make an indelible mark within the thriving milieu of Panama City Beach. Inquire now to seize this moment and shape the trajectory of your business endeavors.

Listing Agent

Tyler Everett

Performance Realty License #3195855 Listed on: 08/15/2023

Co-Listing Agent

MIke Alvis

Performance Realty License #3017203

Property Details

Property Type

  • Other

Year Built

  • Built in 1988

Lot Details

  • 3.57 Acre Lot
  • Zoning described as Commercial

Parking

  • Paved Parking

Home Design

  • Exterior Columns
  • Flat Roof Shape
  • Brick Exterior Construction
  • Slab Foundation

Accessible Home Design

  • Accessible Common Area
  • Accessible Doors

Schools

  • Breakfast Point Elementary And Middle School
  • Arnold High School

Utilities

  • Cooling Available
  • Central Heating

Community Details

  • No Home Owners Association

Property Details

Property Type

Other

Year Built

Built in 1988

Lot Details

3.57 Acres

Listing Details

  • Property Type: Commercial Sale
  • Accessibility Features: Accessible Common Area, Accessible Doors
  • Year Built: 1988
  • Property Sub Type: Other
  • Lot Size Acres: 3.57
  • Co List Office Mls Id: BPRL
  • Co List Office Phone: 850-547-9400
  • Subdivision Name: No Named Subdivision
  • Property Sub Type Additional: Other
  • Special Features: None

Interior Features

  • Possible Use: Commercial

Exterior Features

  • Waterfront: No
  • Construction Type: Brick, Block
  • Exterior Features: Columns
  • Foundation Details: Slab
  • Roof: Flat

Garage/Parking

  • Parking Features: Paved

Utilities

  • Utilities: Sewer Available
  • Heating: Central, Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Sewer: Public Sewer

Condo/Co-op/Association

  • Association: No

Schools

  • Middle Or Junior School: Breakfast Point

Lot Info

  • Lot Size Sq Ft: 155509.2
  • Mobile Dim Units: Feet
  • Zoning Description: Commercial

MLS Schools

  • Elementary School: Breakfast Point
  • High School: Arnold

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $9,595 $811,306
2024 $9,292 $737,551
2023 $9,292 $670,501 $630,019 $169,848
2022 $7,754 $609,546 $0 $0
2021 $6,845 $554,133 $384,596 $169,537
2020 $7,089 $566,265 $384,596 $181,669
2019 $6,853 $540,015 $358,346 $181,669
2018 $7,035 $546,081 $0 $0
2017 $7,158 $552,147 $0 $0
2016 $7,366 $558,213 $0 $0
2015 $8,608 $637,073 $0 $0
2014 $8,677 $643,139 $0 $0
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/05/2026 06/05/26 Pending -- -- --
02/26/2024 02/26/24 Price Changed $3,400,000 -8.1% $866 / Sq Ft
08/15/2023 08/15/23 For Sale $3,700,000 0.0% $942 / Sq Ft
08/11/2023 08/11/23 Off Market $3,700,000 -- --
08/09/2023 08/09/23 For Sale $3,700,000 +492.0% $942 / Sq Ft
06/20/2022 06/20/22 Off Market $625,000 -- --
04/15/2014 04/15/14 Sold $625,000 -28.6% $170 / Sq Ft View Prior Sale
01/24/2014 01/24/14 Pending -- -- --
08/06/2013 08/06/13 For Sale $875,000 -- $238 / Sq Ft
Source: Central Panhandle Association of REALTORS®

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Type Sale Price Title Company
Special Warranty Deed $625,000 Attorney
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Loan Amount Loan Type
Closed $625,000 Future Advance Clause Open End Mortgage
Source: Public Records

Source: Central Panhandle Association of REALTORS®

MLS Number: 744943

Central Panhandle Association of REALTORS®

APN: 27660-000-000

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