1602 MLK Jr Blvd
Panama City, FL, 32405

1602 MLK Jr Blvd
Price $3,384,600
Type Sale
Size 0.8+/- ac
Est. Cap Rate 6.5%
Listed
Status Listed
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Details

Interested? Call Me!
portrait of Fletcher Dilmore
Fletcher Dilmore

Tallahassee, FL, 32303
850-326-1463
fletcher@teampcg.com

Lic.

Prime Commercial Opportunity – 1602 MLK Blvd, Panama City Beach, FL. 

The property is currently leased to Avis Car Rentals corporate. The lease reports sales and has an annual percentage sales "Kicker," additionally the second tenant is one of the largest tenants in the USA and cannot be disclosed without an NDA. Unlock the potential of this high-visibility commercial property near the Panama City Mall! This offering includes approximately 2.0+/- acres available for sale at$3,384,600, with flexible development options. Don’t miss your chance to secure a versatile commercial site in a thriving area!

PROPERTY HIGHLIGHTS

  • Existing 5,000 SF Warehouse – Use as-is or remove for a custom build
  • Owner Willing to Build to Suit – Ideal for retail, office, or service-based businesses
  • Fully Impervious Site – Maximizing usable space
  • Prime Location – High-traffic area near major retailers

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