11001 Front Beach RdPanama City Beach, FL 32407

Property Details for 11001 Front Beach Rd

Year built

1956

Lot size

1.20 AC

Property size (Sq ft)

47,336 SF

Property type

Hospitality properties

Property subtype

Other hospitality properties

Description

This exceptional 100-key hotel, situated on 1.2 acres in Panama City Beach, Florida, presents a compelling investment opportunity. The five-story, 47,336 square foot property, built in 1956 and renovated in 2019, enjoys approximately 300 feet of direct ocean frontage on the Gulf of Mexico. Its prime location on Front Beach Road ensures high visibility and easy access, with an average annual daily traffic count of approximately 20,400 vehicles. The hotel's CH zoning permits a variety of uses. The property's features include a poolside Tiki Bar, and the option to franchise with nationally recognized brands like Tapestry by Hilton, DoubleTree by Hilton, or Spark by Hilton, or operate independently. Panama City Beach's popularity, ranked #2 emerging destination worldwide by TripAdvisor, with approximately 4.5 million annual visitors, guarantees a strong market. The scarcity of oceanfront properties in this high barrier-to-entry market makes this a truly irreplaceable asset. The adjacent Barefoot On The Beach Bar & Grill further enhances the location's appeal. This is a value-add opportunity in a thriving coastal market. The property's APN is 34807-000-000 and the zip code is 32407.

Location Insight

City

Panama City Beach

County

Bay

State

Florida

Latitude

30.1816

Longitude

-85.8159

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