THE ULTIMATE FLEX-INDUSTRIAL ASSET: 9,000 SF OF INCOME & POTENTIAL IN PANAMA CITY BEACH

Listing Agent: Trena Kendrick

Co-Listing: Danielle Kemp

THE UNICORN OF PANAMA CITY BEACH INDUSTRIAL REAL ESTATE

In the rapidly evolving landscape of Northwest Florida, finding a premium industrial property that balances immediate cash flow with massive future development upside is a rarity. This 9,000 SF high-spec complex on Joan Avenue is precisely that "unicorn" asset. Whether you are looking for a turnkey rental powerhouse or a strategic long-term land play, this property delivers on every front.

FUTURE-PROOF INFRASTRUCTURE WITH 10-STORY POTENTIAL

Sitting on a prime 0.998-acre footprint, this 2022-build is positioned in a high-growth corridor already seeing explosive valuation jumps—highlighted by a neighboring property that recently traded for a staggering $15.4M. This site carries a rare 100-foot height allowance, offering a visionary buyer the opportunity for vertical expansion in a market where land is becoming increasingly scarce.

MAXIMIZED RENTAL: TURNKEY 6-UNIT CONFIGURATION

Efficiency is at the core of this $60' \times 150'$ facility. The current layout features two executive offices, a conference room, and two existing bathrooms. For the investor looking to maximize multiple income streams, the heavy lifting is already done. With four plumbing stubs in place, a modest investment of approximately $10k–$12k allows for the addition of two walls and four additional bathrooms, completing a full 6-unit "plug-and-play" complex.

DEVELOPMENT & VERIFICATION RESOURCES

Buyer to verify height allowance, ISR (Impermeable Surface Ratio), and FAR (Floor Area Ratio) for future development. To verify specific development codes for Unincorporated Bay County, please consult the following official resources:

• Bay County Planning & Zoning Division: The primary authority for verifying height allowances and surface ratios. Visit Website

• Bay County Land Development Code (LDC): Portal for setbacks and "Gateway Overlay" requirements. Visit Website

• Bay County Property Appraiser (GIS Maps): View exact parcel boundaries and current zoning. Visit Website

• Florida Department of Environmental Protection (DEP): Oversight on drainage and ISR compliance for properties in Flood Zone AE. Visit Website

EVALUATE YOUR PROPERTY'S TRUE POTENTIAL

Danielle Kemp | Luxury & Commercial Real Estate Specialist | Strategic Marketing Strategist

Whether you are looking to maximize a high-spec industrial asset or find the perfect management strategy for a coastal retreat, I provide tailored evaluations for:

• Commercial Assets: Deep-dive analysis into high-utility properties, 53-foot trailer access, and vertical development potential.

• Residential & Coastal Homes: Market value assessments for premier communities like Bay Point, highlighting luxury amenities and gated security.

• Short-Term Rental (STR) Potential: ROI-focused evaluations for the vacation rental market in high-demand PCB areas.

• Long-Term Management: Strategic planning for stable, multi-stream rental income and build-out cost analysis.

Professional Insights Included: Every evaluation includes a review of strategic pricing, safety engineering (wind and flood standards), and location-based tax advantages like the Unincorporated Bay County millage rates.

SCHEDULE YOUR APPOINTMENT

To schedule your private evaluation, please reach out with your preferred date and property address here:contact-me

Danielle Kemp 850-896-2487 | Luxury & Commercial Real Estate Specialist Strategic Listing & Marketing Strategist