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Harrison Lilly

Owner/Operator | Harrison Lilly Emerald Coast | Harrison Lilly Realty | PLACE

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12724 Panama City Beach Pkwy , Panama City Beach, FL 32407
$185,000
Est. Payment: $938.29/mo
0 Bed
0 Bath
0 Sqft
Status: active | Days on site: 314
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VCR-C15903466 - VCR-C159091383,VCR-C159052275

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Harrison Lilly
Owner/Operator

House Description

This prime commercial offering is located at the high-traffic, signalized intersection of Panama City Beach Parkway and Clara Avenue, with +/-51,000 vehicles per day (AADT). Positioned on the northwest corner, the site features approximately 360.89 feet of frontage and 273.99 feet of depth, offering outstanding visibility, access, and development potential. Surrounded by a dense residential base of approximately 1,400 single-family and multifamily units, the property is ideally suited for hotels, quick-service restaurants, banks, urgent care centers, and other retail uses. The site is centrally located between two of the market's most vibrant commercial hubs—just 1.5 miles east of Breakfast Point Marketplace (home to Publix, Starbucks, Lowe's, CVS, Chick-fil-A, and more) and 2 miles west of Pier Park, a premier shopping and entertainment destination with over 120 national retailers and restaurants. Nearby attractions such as Topgolf, Shell Point Surf Park, Shipwreck Island Waterpark, and Dolly Parton's Pirates Voyage Dinner & Show further enhance the area's year-round draw for both tourists and residents. Panama City Beach, situated along Florida's scenic Gulf Coast, is a dynamic and fast-growing market that welcomes over 17 million visitors annually. Long recognized for its tourism-driven economy, the city is evolving into a more diversified regional hub with increasing residential growth, healthcare expansion, and infrastructure investment. Planned communities like Breakfast Point and major developments by The St. Joe Company have contributed to a rising year-round population and heightened demand for supporting services and retail. Infrastructure enhancements, including upgrades to Northwest Florida Beaches International Airport and improved transportation corridors, continue to fuel the area's momentum. With strong consumer demand, a robust tourism base, and growing economic diversification, Panama City Beach stands out as one of the most active and opportunity-rich markets in Northwest Florida. Signalized Intersection Site Dimensions: 18,883.17' of frontage and +/-273.99' to +/-400.11' of depth Hard Corner Site Available - NWC of Clara Ave. Restaurants, banks, urgent care centers, and other retail uses. The site is centrally located between two of the market's most vibrant commercial hubs—just 1.5 miles east of Breakfast Point Marketplace (home to Publix, Starbucks, Lowe's, CVS, Chick-fil-A, and more) and 2 miles west of Pier Park, a premier shopping and entertainment destination with over 120 national retailers and restaurants. Nearby attractions such as Topgolf, Shell Point Surf Park, Shipwreck Island Waterpark, and Dolly Parton's Pirates Voyage Dinner & Show further enhance the area's year-round draw for both tourists and residents. C-Store Committed to NEC of Clara Ave. +/- 51,000 AADT on Panama City Beach Pkwy Strong Surrounding Residential Density: +/-1,400 single-family and multifamily units directly adjacent Proximity to Key Retail and Employment Hubs:  • 1.5 miles east of Breakfast Point Marketplace (Publix, Starbucks, Lowe's, CVS, Home Depot, Chick-fil-A, and more)  • 2 miles west of Pier Park - Panama City Beach's premier lifestyle center with 120+ stores and restaurants, including Walmart, Dick's Sporting Goods, and The Fresh Market Ideal Uses: Hotels, QSRs, Banks, Urgent Care Centers, and Other Retail Nearby Attractions: Topgolf, Shell Point Surf Park, and Dolly Parton's Pirates Voyage Dinner & Show, Shipwreck Island

Highlights

Listed by Tammy R Huston , 850-960-3624 and Patrick E Jones , 850-814-5878 NAI TALCOR , 850-249-2879. Bay County Association of REALTORS

Property Type

Commercial Lease

County

Bay

Area

03 - Bay County - Beach

Neighborhood

No Named Subdivision

Listing ID

777858

Questions about this listing?

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:0
  • Bathrooms:0
  • Full Bathrooms:

Exterior Features

Principal Interest
$938
Taxes
$118

Home Price

$185,000

Loan Details

30 yrs
6.529%

Down Payment

20%
$37,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$938.29

Principal

Taxes

Principal Taxes HOA Total
Monthly $938.29 $117.94 $0.00 $1,056.22
Yearly $11,259.42 $1,415.25 $0.00 $12,674.67
Total $337,782.63 $42,457.50 $0.00 $380,240.13

Today's Rates

30 Year

6.53%

20 Year

6.33%

15 Year

5.93%

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Market insight data is pulled from the same city as the listing being viewed (Panama City Beach, FL).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Information provided by Bay County Association of REALTORS, and is deemed reliable but not guaranteed accurate.

IDX service by Blueroof 360

Data last updated: 2026-08-20T06:33:19.000Z

© 2026 Bay County Association of REALTORS