Active - Business for sale
11697 PANAMA CITY BEACH PARKWAY, Panama City Beach, FL
Facts & features
Why you’ll love it
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.
Listed by: Mark Allen • mark@orlandocommercialrealestate.com • COMMERCIAL REAL ESTATE PROF IN
Co-listed by: COMMERCIAL REAL ESTATE PROF IN
Source: Stellar MLS as distributed by MLS GRID, MLS#: O6347694
Based on information as of Jun 01, 2026 at 02:21pm EDT.
Come see by yourself
Affordability
$1,787/mo
- Mortgage$1,374
- Property tax$413
- HOA fee
- Homeowners insurance
Beycome estimates only. Actual amounts and terms vary by lender and location.
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Travel times
About Panama City Beach
AI-generated overview for informational purposes only.
Please verify all details independently before relying on it.
Flood & climate risk
FEMA Flood Zone X
Outside the high-risk Special Flood Hazard Area — flood insurance is usually optional but still worth considering.
More details
Source: FEMA National Flood Hazard Layer. Confirm on the FEMA Flood Map.
Fire
Storm
Air quality
Pollen
Disclaimer
Based on information submitted to the MLS GRID as of Jun 01, 2026 at 02:21pm EDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.