Prime Multi-Parcel Investment with Operating Restaurant on Front Beach Road
Exceptional opportunity to acquire five parcels being sold together (Parcel IDs: 36556-010-000 | 36554-010-000 | 36554-072-000 | 36556-000-000 | 36557-000-000), including a fully operational restaurant, Pho Pier 77, with an existing lease in place through 2029. The land and building convey with the sale, along with select equipment currently located within the restaurant building (to be confirmed), offering immediate income with long-term stability.
Located at 19932 Front Beach Rd, Panama City Beach, FL 32413, the property benefits from a high-visibility position along one of Panama City Beach's primary commercial corridors. Front Beach Road is a major artery serving both residents and the area's strong tourism base, providing consistent traffic exposure and accessibility.
Location Highlights & Area Amenities:
Proximity to the Gulf of Mexico: Just moments from Panama City Beach's renowned white-sand beaches and public beach access points.
Strong Tourism Market: Situated in a well-established coastal destination known for year-round visitors, seasonal events, and recreational attractions.
Surrounding Development: The area features a mix of commercial, hospitality, and residential properties, supporting steady demand and visibility.
Accessibility: Convenient access to major roadways and within a reasonable drive of Northwest Florida Beaches International Airport.
Future Potential: Additional parcels included in the sale may offer future development, expansion, or land-banking opportunities, subject to zoning and local approvals.
This offering presents a rare combination of income-producing property and additional land holdings in a highly desirable beach market, making it well-suited for investors, developers, or owner-users seeking long-term upside.
Do not disturb tenants. Additional details regarding lease terms, financials, and equipment list available upon request with executed confidentiality agreement.
