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$1,399,000
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Property Description
*** 1 ACRE PARCEL SUITED PERFECTLY FOR A SHOPPING CENTER PROVIDING RESTAURANTS, COFFEE SHOPS, RETAIL SPACE, ETC*** With Margaritaville right across the street, you are guaranteed to be a success! Over 3,500 homes will ultimately be built there, so a shopping center would provide constant repeat business and visitors for years to come. A luxury hotel is in the permitting stages and will be built directly behind this parcel, so besides the Margaritaville residents shopping here daily, you will reap the benefits of daily hotel guests. This prime location is less than a 10 minute drive from both the airport and our beautiful white sand beaches. The opportunities for a successful shopping center are endless, so hurry up and call me before this one gets away! All information is approximate and should be verified by buyers if important.
Full Property Details
Full Property Details for 8431 Pate St
General
- Price: $1,399,000
- Status: Active
- Type: Commercial Land
- Source: Bay_County
- MLS ID: 778497
- Updated: 12/2/2025
- Added to Site: 171 day(s) ago
Location
- County: Bay
- Subdivision: No Named Subdivision
- Driving Directions: Hwy 79 north from Back Beach Road past the Margaritaville 4 way stop light. Lot will be on the left a half mile up
Community
- Community Name: 04 - Bay County - North
Lot Features
- Lot Size (Acres): 1.01
- Lot Size (Sq. Ft.): 44,213
- Lot Size: 1.01
- Frontage: County Road
- Zoning: Multi-Family, Resid Multi-Family, General Commercial
Disclosures and Reports
- Special Conditions: Listed As-Is
- Legal Description: 9 2S 16W - 26 - 33C BEG 393' N OF SE COR OF SW1/4 SW1/4 TH N 459' W 167' S 210' W 50' S 105' W 365' SELY 144' E 582' TO POB ORB 520 P 328 ORB 694 P 700
- Property ID: 32470-000-000
Listed by RE/MAX SELECT Partners
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Schools
Schools serving 8431 Pate St
School District:Bay County School District
| Name | Grades | Distance |
|---|---|---|
West Bay Elementary School 14813 School Dr, Panama City Beach, FL 32413 | K-5 | 2.6 mi |
Surfside Middle School 300 Nautilus Street, Panama City Beach, FL 32413 | 6-8 | 8.1 mi |
J.R. Arnold High School 550 North Alf Coleman Road, Panama City Beach, FL 32407 | 9-12 | 8.5 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 8431 Pate St
Date
Details
Price
Change
Source
10/13/2025
Price Reduced
$1,399,000
-6.67%
MLS
9/03/2025
Listed
$1,499,000
68.62%
MLS
12/11/2024
Sold
$889,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 8431 Pate St
Year
Property Taxes
Change
Tax Assessment
Change
2025
$2,891
1168%
$233,608
417%
2024
$228
26%
$45,186
10%
2023
$181
25%
$41,229
6%
2021
$145
-7%
$38,862
-3%
2022
$156
8%
$40,028
4%
2021
$145
12%
$38,325
2%
2019
$130
7%
$37,463
2%
2018
$122
17%
$36,764
5%
2017
$104
7%
$35,167
2%
2016
$97
2%
$34,444
1%
2015
$95
-40%
$34,205
1%
2014
$158
50%
$33,934
11%
2013
$105
—
$30,621
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 8431 Pate St
8431 Pate Street, Panama City Beach, FL 32413 (MLS# 778497) is a Commercial Land property with a lot size of 1.01 acres. 8431 Pate Street is currently listed for $1,399,000 and was received on September 03, 2025. Want to learn more about 8431 Pate Street? Do you have questions about finding other Commercial Land real estate for sale in Panama City Beach? You can browse all Panama City Beach real estate or contact a Coldwell Banker agent to request more information.

