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FUTURE-PROOF PCB ASSET: 9,000 SF 2022-BUILD WITH 10-STORY VERTICAL POTENTIAL

Seize a premier 0.998-acre commercial footprint on Joan Avenue, positioned directly in a high-growth corridor evidenced by a neighboring property trading for $15.4M last year. Built in 2022 to rigorous 140 MPH wind standards, this high-spec complex features 100 feet of prime street frontage and a deep 435-foot lot. The property carries a rare 100-foot height allowance, offering massive potential for future vertical expansion.

MAXIMIZED RENTAL POTENTIAL: TURNKEY 6-UNIT INVESTMENT CONFIGURATION

This 60' x 150' engineered steel facility is a ''plug-and-play'' multi-tenant opportunity designed to maximize your ROI. The current layout is optimized for high-demand flex use, with the first section serving as 2 premium executive offices, lobby, a conference room and public bathroom. While the building already features five sections ready for separation, a small investment of approximately $10,000-$12,000 allows for the addition of two walls and four bathrooms to complete the full 6-unit complex. With two bathrooms already existing and plumbing stubs in place for the remaining four, this property offers a low-cost path to a high-yield, multi-stream rental asset.

INDUSTRIAL UTILITY: 53-FOOT TRAILER ACCESS AND 6-GANG POWER

Loading is seamless via six 12 x 12 grade-level roll-up doors. Property footprint is designed to accommodate a 53-foot trailer. The 9,000 SF shell maintains an efficient ratio of 8% office to 92% warehouse space, with interior clear heights ranging from 13'7'' to 16'11''. The facility is equipped with a 6-gang electrical meter bank and 600 Amp single-phase power, providing dedicated service points for each of the six potential rental units. The front office has 200 amp service.

UNINCORPORATED BAY COUNTY LOCATION: LOWER TAXES AND FEWER RESTRICTIONS

Located in Unincorporated Bay County rather than city limits, this property offers a strategic financial advantage with lower property tax rates, set at 5.4362 mills for 2026. Owners benefit from fewer municipal restrictions regarding signage or ''Gateway Overlay'' facade requirements. Standard county setbacks apply here, offering significantly more buildable flexibility than properties bordering strict city-residential zones.

STRATEGIC PRICING: ENGINEERED FOR SAFETY AND PROFIT

At a listing price of $2.5M, this asset is positioned at approximately $277 per SF, strategically aligned with the early 2026 PCB flex-industrial average of $290-$310 per SF. The property is located in Flood Zone AE with a community-determined base flood elevation (BFE) of 11.0'. Highlighting its superior engineering, the finished flood elevation is set at 12.75', providing 1 foot 9 inches of clearance above the required BFE for enhanced safety and insurance advantages.

Buyer to verify height allowance, ISR, and FAR for future development. Current tenant occupies 1500 sq ft and on a month to month lease.
#785853

Panama City

2532 Joan Avenue

None Beds

None Baths

9,000 Sq.Ft.

$2,500,000

MLS#: 785853

Development opportunity in the heart of Panama City Beach! This approximately 10+ acre parcel offers investment potential with dual zoning--approximately half located within Bay County and zoned AG-2, and approximately half within the City of Panama City Beach and zoned RTH (Residential Townhouse). The RTH zoning presents an opportunity for residential development, and the adjoining AG-2 portion may have the potential to be annexed into the City of Panama City Beach, subject to city approval and applicable requirements.
Conveniently located just minutes from Panama City Beach Parkway, shopping, dining, schools, and the Gulf beaches, this property is ideally positioned in one of the area's fastest-growing corridors. Whether you're a builder, developer, or long-term investor, this is a rare opportunity to acquire a sizeable tract with significant residential development potential in a highly desirable location.  The property is adjacent to approximately 1.5 miles of the paved Gayle's Trails recreational path along its northern boundary.
Buyer to verify zoning, annexation potential, permitted uses, dimensions, utilities, access, development feasibility, and all other pertinent information through their own due diligence.
#793079

Panama City Beach

TBD 23 3S 16W

None Beds

None Baths

10.74 acres

$2,500,000

MLS#: 793079

Development opportunity in the heart of Panama City Beach! This approximately 10+ acre parcel offers investment potential with dual zoning--approximately half located within Bay County and zoned AG-2, and approximately half within the City of Panama City Beach and zoned RTH (Residential Townhouse). The RTH zoning presents an opportunity for residential development, and the adjoining AG-2 portion may have the potential to be annexed into the City of Panama City Beach, subject to city approval and applicable requirements.
Conveniently located just minutes from Panama City Beach Parkway, shopping, dining, schools, and the Gulf beaches, this property is ideally positioned in one of the area's fastest-growing corridors. Whether you're a builder, developer, or long-term investor, this is a rare opportunity to acquire a sizeable tract with significant residential development potential in a highly desirable location.  The property is adjacent to approximately 1.5 miles of the paved Gayle's Trails recreational path along its northern boundary.
Buyer to verify zoning, annexation potential, permitted uses, dimensions, utilities, access, development feasibility, and all other pertinent information through their own due diligence.
#793080

Panama City Beach

TBD 23 3S 16W

None Beds

None Baths

10.46 acres

$2,500,000

MLS#: 793080

None
#794945

Ponce De Leon

21 Antioch Cemetery Road

None Beds

None Baths

19.5 acres

$2,500,000

MLS#: 794945

Subject property fronts 930 linear feet on US- 90 directly across from a 600-acre DR Horton Development called Independence featuring 1100 units of single-family density. 

In addition, a 550-acre mixed-use residential project is currently going through the permitting process for large scale single & multi-family development called Chelsea's Place is closely located southwest of the subject property. 

The subject property is 100% upland, with 930 linear feet on Hwy 90, Okaloosa Natural Gas and Auburn Water Supply on site, and close access to a 12-inch force main sewer line maintained by Okaloosa County's Sewer and Water Department.
#978595

Crestview

3742 Highway 90

None Beds

None Baths

N/A

$2,500,000

MLS#: 978595

Tucked away in the quiet, gated community of The Hammocks of Seagrove, 27 Bramble Lane combines thoughtful architecture, exceptional craftsmanship, and one of the community's most desirable settings. Built in 2023 by Luke & Blue and designed by Archiscapes, this approximately 2,500-square-foot home offers four bedrooms and three-and-a-half baths, with a peaceful preserve behind the property and the community pool just across the street. Best of all, the sugar-white sands of Seagrove Beach are approximately a quarter mile away, and a golf cart is included for effortless trips to the beach and around 30A.

Inside, the home immediately feels different. Warm hardwood floors, extensive custom millwork, shiplap walls and ceilings, exposed wood beams, and a striking herringbone wood ceiling detail bring texture and character to the open living spaces. Oversized windows fill the home with natural light while impact-resistant windows add peace of mind. The living room centers around a fireplace framed by custom cabinetry and natural textures, while the adjoining dining area and kitchen create an easy flow for entertaining. A custom wet bar with beverage refrigeration adds both function and a beautiful architectural element to the space.

The main level includes a private guest suite with an ensuite bath and charming built-in window seat. Upstairs, the spacious primary suite is a true retreat, featuring a dramatic vaulted and beamed ceiling, fireplace,  and its own beverage center just outside the bedroom. The primary bath continues the home's elevated coastal aesthetic with a soaking tub, oversized walk-in shower, natural wood vanity, designer wallcovering, and thoughtfully selected fixtures and finishes.

Two additional bedrooms complete the second floor and share a bath, including a cleverly designed bunk room with twin bunks above a king bed--an ideal arrangement for visiting family and friends. Throughout the home, custom cabinetry, designer lighting, natural materials, and individually selected finishes create a collected look that feels sophisticated without losing the relaxed character of a beach home.

Outdoor living includes welcoming porches, a screened second-floor porch, and an outdoor shower, while the preserve directly behind the home creates a sense of privacy that is increasingly difficult to find this close to the beach. With the community pool steps from the front door, there is no private pool to maintain--simply walk across the street and enjoy.

Sold furnished and offering short-term rental flexibility, 27 Bramble Lane works equally well as a beautifully appointed second home or a luxury vacation rental. Its location in Seagrove puts the beach, dining, shopping, and everything along Scenic Highway 30A within easy reach, yet at the end of the day, the home offers what its owners have valued most: a quiet place to retreat, surrounded by nature and just minutes from the Gulf. Buyer to verify all information and dimensions.
#1013414

Santa Rosa Beach

27 Bramble Lane

4 Beds

3 Baths

2,500 Sq.Ft.

$2,500,000

MLS#: 1013414

A rare opportunity to own this huge 5 bedroom 2-level condo on the Gulf of America. Two master bedrooms with 2 master baths. Entertainment den on lower level with 6 reclining seats. Amazing up-close views of the Gulf and the swimming pool is right outside your patio level sliding door. Separate 2-car garage with opener. Lots of closets with 2 large owner closets. Serene seating on your balcony overlooking the pool and the Gulf. where you can enjoy a relaxing breakfast right off the liviing room.
#1010287

Destin

1050 Highway 98 106E

5 Beds

5 Baths

3,440 Sq.Ft.

$2,500,000

MLS#: 1010287

Comparison Purposes Only
#674642

Panama City Beach

11341 PANAMA CITY BEACH Parkway

None Beds

None Baths

5,853 Sq.Ft.

$2,500,000

MLS#: 674642

Beautiful Church and Fellowship Hall located on 7 acres with two driveways from Hwy 390
#755066

Panama City

3701 E Hwy 390 Highway

None Beds

None Baths

16,124 Sq.Ft.

$2,500,000

MLS#: 755066

''Coastal Living'' offers spectacular views of the Gulf of Mexico.  Step out your back door onto the sugar white sands of the most beautiful beaches in the world! Located on the highly sought after West End of Panama City Beach, this 3300 sq. ft. beachfront home sleeps up to 16 guests. As you enter the home on the 1st floor, you will notice an additional refrigerator and a half bathroom, with a door leading to the outside pool area with plenty of space for lounging.  Head up to the 2nd floor and enjoy Coastal Living's great open floor plan. The spacious kitchen, dining area, and living room provide a great spot for guests to gather. There is a Murphy Bed in the living area as well as a Flat Screen TV and access to a balcony overlooking Panama City Beach. Down the hall you will find a half bathroom and a King sized bedroom with en-suite and flat screen TV. On the top floor, there is a Queen sized bedroom on the street side, with en-suite and flat screen TV. There is also 2 Queen over Queen bunk bedrooms, one with a connected bathroom. There is an additional full hall bathroom as well as a full washer/dryer. On the south end of the home, one can find the luxurious master suite. This room features a King sized bed, flat screen TV, spacious bathroom, and direct access to a furnished balcony overlooking the water.
The glass balconies in this home will allow you to watch the sunset and enjoy the views to the fullest.  Come see what true "Coastal Living" is all about!
#699724

Panama City Beach

17489 Front Beach Road

5 Beds

6 Baths

3,243 Sq.Ft.

$2,500,000

MLS#: 699724

This luxurious fully furnished Gulf-front home is 3,243 s.f and is located on the highly desired West End of Panama City Beach. This home has 5 bedrooms, 5 full and 2 half baths, heated fenced private pool, glass front balconies overlooking the gulf, and outdoor grilling area. Custom built to include Hardwood plank ceramic tile floors, crown molding, brushed nickel plumbing and fixtures, solid core doors, and many more features. Open floor plan on the 2nd floor with a fully equipped kitchen that has bar seating for 5. 3rd floor features Queen size bedroom with en-suite, 2 queen or queen bunk bedrooms, and washer & dryer. The King-sized master has a large bathroom and direct access to the balcony overlooking the gulf. Bed Layout
2nd floor
-1 King Master bedroom, street view
-1 Queen Sleeper in living area
-1 Murphy Bed in living area

3rd Floor
-1 Queen bedroom with connected bathroom, street view
-2 Queen over Queen bunk bedroom (1 with connected bathroom)
-1 King Master suite with ocean view.
#701047

Panama City Beach

17495 Front Beach Road

5 Beds

5 Baths

3,243 Sq.Ft.

$2,500,000

MLS#: 701047

Reward yourself with this one of a kind beachfront paradise! Perfect for entertaining your family and friends in one unit while generating rental income on the adjoining unit. Located on the desirable west end of Panama City Beach, just minutes to shopping, world class dining and entertainment on scenic 30A. You can also enjoy the convenience of Pier Park, groceries and the one of a kind white sandy beaches for your backyard! Highlights include, a 16 x 38 Gulf front pool, a hurricane seawall that wraps around the home with 15 foot beams going into the ground to prevent any sand from washing underneath the home, a 45 foot balcony and the property is nestled on a 60 wide lot. New metal roof! With 7 bedrooms, 4 full size bathrooms, 2 kitchens, two lofts and more than 3,500 sq.ft this home invites comfort and the opportunity to unlock a valuable investment.

Both units are turn key and fully furnished. The high end finishes such as the exposed brick, spiral staircase, shiplap ceilings, gas burning fireplaces, interior stucco, open kitchens and the natural light that flows throughout each unit is sure to create a memorable experience for your guests and keep them returning year after year. This expansive deck overlooking the beach is perfect for large celebrations, cookouts, tanning or relaxing by the pool. Imagine waking up to the peaceful sounds of the waves crashing on the beach, spending the day relaxing with your toes in the sand and soaking up the gorgeous Florida sunsets in the evenings. You will not find another property like this on the beach. For more information or to schedule your private showing call today!
#709979

Panama City Beach

19989 Front Beach Road

7 Beds

4 Baths

3,544 Sq.Ft.

$2,500,000

MLS#: 709979

Beautiful Gulf Front House with Beautiful Views!!! 3 Bedroom 3 Bath. Located in the gated community of Sunrise Beach. Close to restaurants, shopping & Gulf Place. Direct access to the private beach walk-over from the second floor balcony. Second floor features living area, kitchen, guest bedroom and bath. Third floor features include Waterfront Master bedroom with bath and a private gulf front balcony, guest bedroom, bath and bonus area which is currently used as a 4th bedroom with a twin bed. Outdoor space and hot tub provides for relaxation after a day on the beach. House is offered furnished. Recent improvements include a metal roof in 2020. Dimensions & Square footage is approximate and should be verified by buyer.
#845889

Santa Rosa Beach

125 Seaward Drive

3 Beds

3 Baths

1,610 Sq.Ft.

$2,500,000

MLS#: 845889

Your dream BEACH home is waiting for you to move in right on the Gulf of Mexico! Fully turn-key sold fully furnished. This one-level Gulf front home features 4 bedrooms and 4 en-suite baths  located in the heart of St. George Plantation (a master planned 1100 acre private gated community with 24-hour security, air strip, 2 pools, 2 tennis courts, pickle ball court, clubhouse and meandering bike paths and more.) that has a solid rental history with repeat customers. Current owner has kept this property immaculate with so many upgrades; including new elevator, furniture, washer/dryer, backsplash, kitchen counter top, boardwalk, culligan water system, and so much more; list is under document section. Never miss a beach sunset again. Call for a showing and make this jewel of a property yours!
#930360

St. George Island

1436 Dogwood Drive

4 Beds

4 Baths

2,145 Sq.Ft.

$2,500,000

MLS#: 930360

Attention Investors & Developers!! This is your chance to own an income producing, multi-unit property that has 137+ ft of 30A frontage and deeded lake access to Camp Creek Coastal Dune Lake. Seven total units are being sold together. The surrounding common area does not convey with the sale of the townhomes. Units are 2 bedrooms with 2.5 baths and have identical floor plans that consist of approximately 1,300 SqFt. Whether you renovate or redevelop, this property has endless rental potential! Call Erika Monk for details!
#811873

Santa Rosa Beach

30 N Camp Creek Road 1,2,3,4,5,6,7

None Beds

None Baths

N/A

$2,500,000

MLS#: 811873

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* Listings identified with the FMLS IDX logo come from FMLS and are held by brokerage firms other than the owner of this website. The listing brokerage is identified in any listing details. Information is deemed reliable but is not guaranteed. If you believe any FMLS listing contains material that infringes your copyrighted work please review our DMCA policy and learn how to submit a takedown request. © 2024. First Multiple Listing Service, Inc.

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