Commercial Lease · Retail
11697 PANAMA CITY BEACH PARKWAY, PANAMA CITY BEACH, FL, 32407
Active325 days on marketListed Sep 26, 2025MLS #O6347694
About this property
The property at a glance
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.
7,766
Building sq ft
$35
Price / sq ft
1.68
Lot acres
2026
Year built
1
Building
T-4
Zoning
Retail
Property type
The numbers
Investment snapshot
NNN
Lease structure
6 + Years
Lease term
Estimated payment (illustrative)
Estimated payment
$1,795/mo
Illustrative only. Commercial loans are underwritten on the property’s income (DSCR, cap rate) — typically 25–35% down with lender-set terms. Ask a commercial lender for real numbers. Taxes reflect the most recent bill on record; insurance is a typical-Florida estimate. Your lender’s numbers will differ. CENTURY 21 Edge partners with Florida’s best lenders.
Financing
Commercial financing works differently from a home loan — expect roughly 25–35% down with terms driven by the property’s income and your lender’s underwriting (DSCR, cap rate), not FHA or VA programs. Ask David to connect you with a commercial lender for real numbers.
Where it sits
Location & trade area
What’s nearby
Business data © OpenStreetMap contributors
The area
Who's around this property
15,459
Population
$79,052
Median income
38.7
Median age
2.32
Avg household
$403,500
Median home value
$1,792/mo
Median rent
1,853
Households w/ kids
Your team
The pros in your corner
Your agent
David Ramirez
Real Estate Agent · CENTURY 21 Edge
Tours, offers, and every question about 11697 PANAMA CITY BEACH PARKWAY — start here.
Financing contact
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Ask about commercial financing options for 11697 PANAMA CITY BEACH PARKWAY.
See it in person
Schedule a tour
Pick a day that works — this goes straight to David's phone and CRM.
Listing courtesy of COMMERCIAL REAL ESTATE PROF IN · Mark Allen. MLS #O6347694.
IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by Stellar MLS.
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