For Sale
  • Hotel

    • Bikini Beach Oceanfront Resort | Panama City Beach

    11001 Front Beach Rd, Panama City Beach, FL 32407 United States
    For Sale
  • Hotel

    • Bikini Beach Oceanfront Resort | Panama City Beach

    11001 Front Beach Rd, Panama City Beach, FL 32407 United States
    Building Size
    47,336 SF
    Lot Size
    1.2 Acres
    Built
    1956
    Building Size
    47,336 SF
    Lot Size
    1.2 Acres
    Built
    1956

    OVERVIEW

    Cushman & Wakefield’s Hotel Group has been retained to offer for sale the fee simple interest in the 100-room Bikini Beach Oceanfront Resort located in Panama City Beach, Florida. The property is a five-story, limited-service hotel, including a poolside Tiki Bar, that boasts approximately 300 feet of direct ocean frontage along the Gulf of Mexico. The property also presents the opportunity to either franchise the hotel with a nationally recognized brand or remain independent with no annual obligations or operating requirements. Potential brands available for this hotel include Tapestry by Hilton, DoubleTree by Hilton, and Spark by Hilton, among other flags. Additionally, this property benefits from being located along the coastal Front Beach Road, which provides ease of access and displays excellent signage to commuters. The Bikini Beach Oceanfront Resort offers investors the opportunity to acquire a value-add property in a highly desirable, high barrier-to-entry, and growing market.

    CONTACT

    Key Features
    • Panama City Beach Is Ranked The #2 Emerging Destination In The World By Tripadvisor With Approximately 4.5 Million Visitors Annually, And Has Consistently Ranked Top 10 Best Beaches In The World
    • Opportunity To Brand The Hotel With A National Franchise
    • Potential Brands Available For This Hotel Include Tapestry By Hilton, Doubletree By Hilton, And Spark By Hilton, Among Other Flags
    • High Barrier-To-Entry Market
    • Given The Scarcity Of Oceanfront Properties Available On Market, The Property Presents Itself As An Irreplaceable Asset
    • Independent Hotel - Unencumbered By The Strict Operating Requirements And Annual Fees Associated With Franchising
    • Property Boasts Approximately 300 Feet Of Direct Ocean Frontage Along The Gulf Of Mexico
    • Lack Of Available Waterfront Hotels On Market In The Florida Panhandle
    • Barefoot On The Beach Bar & Grill Located Directly Next Door To Bikini Beach Resort
    • Located Directly Off Of Front Beach Road, Providing Ease Of Access And Displaying Excellent Signage To Commuters
    • The Section Of Front Beach Road Closest To The Property Has An Average Annual Daily Traffic (AADT) Count Of Approximately 20,400 Vehicles Per Day

    Details

    Building Size:
    47,336 SF
    Lot Size:
    1.2 Acres
    Year Built:
    1956

    CONTACT

    Bikini Beach Oceanfront Resort | Panama City Beach

    AVAILABILITIES

    SORT: AVAILABLE SPACE

    LOCATION

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