NAI TALCOR
Listed by NAI TALCOR - Tallahassee, NAI TALCOR
Undisclosed Rate
Clara Ave & Hwy 98 (DEVELOPMENT LAND OPPORTUNITY)
Building Details
Property Type Land
Sub Type Commercial
Tenancy Single
Spaces
Lease Rate: $95,000 - 185,000 per year (Ground)
Land | Single tenant | 15 acre
Building description
This prime commercial offering is located at the high-traffic, signalized intersection of Panama City Beach Parkway and Clara Avenue, with +/-51,000 vehicles per day (AADT). Positioned on the northwest corner, the site features approximately 360.89 feet of frontage and 273.99 feet of depth, offering outstanding visibility, access, and development potential. Surrounded by a dense residential base of approximately 1,400 single-family and multifamily units, the property is ideally suited for hotels, quick-service restaurants, banks, urgent care centers, and other retail uses. The site is centrally located between two of the market’s most vibrant commercial hubs—just 1.5 miles east of Breakfast Point Marketplace (home to Publix, Starbucks, Lowe’s, CVS, Chick-fil-A, and more) and 2 miles west of Pier Park, a premier shopping and entertainment destination with over 120 national retailers and restaurants. Nearby attractions such as Topgolf, Shell Point Surf Park, Shipwreck Island Waterpark, and Dolly Parton’s Pirates Voyage Dinner & Show further enhance the area’s year-round draw for both tourists and residents.
Panama City Beach, situated along Florida’s scenic Gulf Coast, is a dynamic and fast-growing market that welcomes over 17 million visitors annually. Long recognized for its tourism-driven economy, the city is evolving into a more diversified regional hub with increasing residential growth, healthcare expansion, and infrastructure investment. Planned communities like Breakfast Point and major developments by The St. Joe Company have contributed to a rising year-round population and heightened demand for supporting services and retail. Infrastructure enhancements, including upgrades to Northwest Florida Beaches International Airport and improved transportation corridors, continue to fuel the area’s momentum. With strong consumer demand, a robust tourism base, and growing economic diversification, Panama City Beach stands out as one of the most active and opportunity-rich markets in Northwest Florida.
Located on Panama City Beach Pkwy and Clara Ave at a lighted intersection, less than 2 miles east of Pier Park, and less than 1.5 miles west of the nearest Publix Shopping Center.
Building highlights
- Signalized Intersection
- Site Dimensions: 18,883.17' of frontage and +/-273.99' to +/-400.11' of depth
- Hard Corner Site Available - NWC of Clara Ave. Restaurants, banks, urgent care centers, and other retail uses. The site is centrally located between two of the market’s most vibrant commercial hubs—just 1.5 miles east of Breakfast Point Marketplace (home to Publix, Starbucks, Lowe’s, CVS, Chick-fil-A, and more) and 2 miles west of Pier Park, a premier shopping and entertainment destination with over 120 national retailers and restaurants. Nearby attractions such as Topgolf, Shell Point Surf Park, Shipwreck Island Waterpark, and Dolly Parton’s Pirates Voyage Dinner & Show further enhance the area’s year-round draw for both tourists and residents.
- C-Store Committed to NEC of Clara Ave.
- +/- 51,000 AADT on Panama City Beach Pkwy
- Strong Surrounding Residential Density: +/-1,400 single-family and multifamily units directly adjacent
- Proximity to Key Retail and Employment Hubs:
- 1.5 miles east of Breakfast Point Marketplace (Publix, Starbucks, Lowe’s, CVS, Home Depot, Chick-fil-A, and more)
- 2 miles west of Pier Park – Panama City Beach’s premier lifestyle center with 120+ stores and restaurants, including Walmart, Dick’s Sporting Goods, and The Fresh Market
- Ideal Uses: Hotels, QSRs, Banks, Urgent Care Centers, and Other Retail
- Nearby Attractions: Topgolf, Shell Point Surf Park, and Dolly Parton’s Pirates Voyage Dinner & Show, Shipwreck Island
Listing Contacts
NAI TALCOR
Listed by NAI TALCOR - Tallahassee, NAI TALCOR
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Property History
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