±0.92-Acre Commercial Site | Panama City Beach Pkwy

16923 Panama City Beach Pkwy, Panama City Beach, FL 32413

Property Information

  • For Sale $1,499,000
  • Property Type VacantLand
  • Property Size 88 SF
  • Lot Size 0.92 Acre
  • Building Class A
  • Year Built 1998
  • Date Updated Oct 8, 2026

Description

Panama City Beach is a prominent Gulf Coast tourism and commercial market supported by a strong visitor economy, year-round population, and continued residential and commercial growth. Panama City Beach Parkway serves as a primary east-west corridor through the market, providing connectivity to major retail, employment, residential, and tourism destinations. Nearby attractions and traffic generators include Pier Park, Pier Park North, Frank Brown Park, the Gulf of Mexico beaches, and Northwest Florida Beaches International Airport. The surrounding area features a strong mix of national retailers, restaurants, hotels, entertainment venues, and residential communities, supporting consistent consumer activity throughout the market.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.

Highlights

  • ±0.92-Acre Commercial Development Site
  • ±42,000 Vehicles Per Day
  • Minutes from Pier Park & Pier Park North
  • Near Panama City Beach Pkwy & Highway 79
  • Strong Retail, Tourism & Residential Trade Area
  • Zoned CH (Commercial High Intensity)

Contacts

Location

Located at 16923 Panama City Beach Pkwy, Panama City Beach, FL 32413, this property is part of the El Centro Beach neighborhood and Pensacola market.

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