11697 PANAMA CITY BEACH PARKWAY, PANAMA CITY BEACH, FL 32407 | MLS #MFRO6347694 | Berkshire Hathaway HomeServices Florida Network Realty
 
Listing provided courtesy of COMMERCIAL REAL ESTATE PROF INas Distributed by MLSGrid- MLS# MFRO6347694MLS Provider

11697 PANAMA CITY BEACH PARKWAYPANAMA CITY BEACH, FL 32407

Commercial · 7,766 Sq. ft. | 1.68 Acres
$271,810 Active

11697 PANAMA CITY BEACH PARKWAY Overview

Time on Site:
277 days
Visits:
2

Under Construction. We are pleased to present this forthcoming multi-tenant retail/medical/office space for lease. Total square footage 7,766 and can be divided or leased as a whole. Zoning permits Retail, Medical, and Office. Phase 3 Electric Asking rate is $35.00/PSF NNN lease with a 5-year minimum term. $6-$8 CAM/SF. Brand new Construction, Commercial Lease. Build Permit Obtained, breaking ground early August 2025. Completion Date Projected to be June 30, 2026 Landlord is looking for franchise/national tenants and/or multiple-location businesses. The strip center block structure as a gray shell will be completed within six months so, a completion date is anticipated by March 2026 or sooner. Owner said if a tenant commits early, then they can work with them to get the rough plumbing/electrical in now and their metal framing with the interior build/out or the tenants own subcontractor. It would accelerate their timeline to get moved in.

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11697 PANAMA CITY BEACH PARKWAY Facts & Features

  • Type Commercial
  • Sq. ft. 7,766
  • Price/Sq.ft. $35
  • Lot 1.68 Acres

Details

General

Building Information

  • New Construction: Yes
  • Year Built: 2026

Location/Region

  • Country: US
  • County Or Parish: Bay
  • MLS Area Major: 32407 - Panama City Beach
  • Township: 03S

Rent/Lease Information

  • Lease Amount Frequency: Annually
  • Lease Term: Six or More Years
  • Tenant Pays: Other

Tax Information

  • Tax Annual Amount: 4953.42
  • Tax Year: 2024

General Information

  • Parcel Number: 34034-005-007
  • Property Condition: Under Construction
  • Property Sub Type: Retail
  • Property Type: Commercial Lease
  • Zoning: T-4

Interior

Beds/Baths

  • Bathrooms Total: 0

Building Interior

  • Building Area Source: Builder
  • Building Area Total: 7766
  • Building Area Units: Square Feet

General Information

  • Cooling: Central Air
  • Foundation Details: Block
  • Leasable Area: 7766
  • Living Area Units: Square Feet

Exterior

Lot Information

  • Additional Parcels: No
  • Lot Size Acres: 1.68
  • Lot Size Square Feet: 73137
  • Road Surface Type: Asphalt

Waterfront/View

  • Waterfront: No

Building Exterior/Construction

  • Construction Materials: Block,Metal Frame

General Information

  • Road Frontage Type: Divided Highway

11697 PANAMA CITY BEACH PARKWAY Neighborhood

Community

32407 (PANAMA CITY BEACH) Demographics

40
Median Age
629
Population Density (per sq. mile)
41%
College Educated
$61,450
Estimated Median Income
2,814
Estimated Total Home Owners
2,162
Estimated Total Renters
57% / 43%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data unavailable, School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

11697 PANAMA CITY BEACH PARKWAY Market Data

Based on the last 30 days in this zip code

$526,810
Average List Price
$328
Average Price per Square Foot
0
Properties Sold
88
Average Days on Market
668
Properties for Sale
Calculations provided by Reliance Network

11697 PANAMA CITY BEACH PARKWAY History

Date Event Value Agent
9/26/2025Source: My Florida Regional MLS Added to Database
September 26, 2025