1000 Beck Avenue | Panama City, FL 32401-1455, US
The Hub at 1000-1012 Beck Avenue represents a rare opportunity for an owner to take full control of the asset’s direction, tenancy, and long-term value creation. A fully restored boutique mixed-use asset in the heart of Historic St. Andrews, one of Panama City’s most walkable, character-driven waterfront corridors. Positioned directly on Beck Avenue steps from St. Andrews Marina, this landmark property offers immediate income, strong in-place tenancy, and meaningful upside for a new owner ready to unlock its full potential. Meticulously renovated in 2020/2021 to a premium standard, the property seamlessly blends historic character with modern functionality. The current tenant mix is curated and experiential by The Grocery Kitchen & Taproom, a local restaurant and craft taproom driving consistent foot traffic, alongside Traton Homes Showroom and Baytowne Bridal Suite, creating a complementary blend of food, retail, and specialty service. Income Today. Upside Tomorrow. In-place tenancy delivers immediate cash flow, while near-term lease rollover gives a new owner rare leverage — the ability to restructure leases, mark rents to market, and implement a more efficient NNN framework. With available suites in high demand and a fully built-out Portico Bar and Courtyard Patio ready to activate, the path to significantly increased NOI is clear and exciting. A rare Landmark Waterfront view Asset
Positioned along the iconic Beck Avenue corridor in Historic St. Andrews, this property benefits from immediate proximity to the waterfront marina, strong foot traffic, and a growing concentration of boutique retail and hospitality concepts. The surrounding district continues to see reinvestment and redevelopment, attracting both locals and tourists to one of Panama City’s most active and walkable submarkets.