16923 Panama City Beach Pkwy

Property feature image
Property gallery image
Property gallery image
Address: 16923 Panama City Beach Pkwy, Panama City Beach, FL 32413, USA
Florida & Gulf Coast + Land/Development
Created date: September 25, 2026
Date last updated: October 2, 2026
Price: $1,499,000Investment Analyzer NEW!
  • ±0.92-Acre Commercial Development Site
  • Zoned CH (Commercial High Intensity)
  • ±42,000 Vehicles Per Day
  • Near Panama City Beach Pkwy & Highway 79
  • Minutes from Pier Park & Pier Park North
  • Strong Retail, Tourism & Residential Trade Area

Property Description

Positioned within one of Panama City Beach’s most active commercial corridors, this ±0.92-acre commercial parcel is located near the intersection of Panama City Beach Parkway and Highway 79. Zoned CH (Commercial High Intensity), the property benefits from approximately 42,000 vehicles per day along this major east-west thoroughfare. The surrounding trade area features a strong concentration of national retailers, restaurants, hotels, residential communities, and major tourism destinations, generating activity from both year-round residents and visitors. Convenient access to Pier Park, Pier Park North, Frank Brown Park, the Gulf of Mexico, and Northwest Florida Beaches International Airport further enhances the location. With high-intensity commercial zoning, strong traffic exposure, and proximity to established retail and tourism generators, the site is well suited for retail, restaurant, service, or other commercial development.

Key Property Information

Listing Status: Available
Listing Type: Call for offers
Property Types: Land/Development
Price: $1,499,000
Year Built: 1998
Lot Size: 0.92 Acres
Opportunity Zone: No
Property Website Click Here
Address: 16923 Panama City Beach Pkwy, Panama City Beach, FL 32413, USA
Provided by:

Investment Analyzer

Step 1Financing Calculation

$
$
%
$
%
$
$

Step 2Gross Rent Analysis

Please enter annual amounts.

$
$
%
$
%
$
%
$
%
$
%
$
%
$
%
$
$

Step 3Cap Rate Calculation

%
$
%

Step 4Final Deal Analysis

$
$
%
%
$
$

Similar Properties in the Area

Conway Village Boulevard

Gonzales, Louisiana
Florida & Gulf Coast + Land/Development
Price: $1,554,220

3106 W 18th St

Panama City, Florida
Florida & Gulf Coast + Land/Development
Units: 1
Price: $61,000

503 SW Genoa Way

Madison, Florida
Florida & Gulf Coast + Land/Development

Brokers

View All

Lenders

View All