The Hampton Inn & Suites Panama City Beach-Pier Park Area presents investors with a compelling opportunity to acquire a Hilton-branded coastal asset at an attractive basis in one of Florida's most durable drive-to leisure markets. With a clear operating recovery runway to prior peak performance, buyer-controlled PIP upside, and year-round demand support from Publix Sports Park and Tyndall Air Force Base, the Hotel offers a differentiated value-add profile within an established and growing Gulf Coast market.
- Offered below replacement cost with steel and block construction — a durable, high-quality build increasingly difficult to replicate at today's material and labor costs
- Offered unencumbered by management and debt — full operational flexibility at close
- Buyer-controlled PIP creates the opportunity to restore rate integrity, improve brand channel performance, and capture the full upside of renovation
- Operating recovery runway to prior peak — current $77 RevPAR and $531K NOI remain well below 2022 peak of $99 RevPAR and $1.2M NOI, with Panama City Beach's underlying demand fundamentals intact
- Less than 1 mile from Gulf beach access and within 2 miles of Pier Park, Panama City Beach's premier retail, dining, and entertainment destination
- Drive-to leisure tailwinds: positioned within a 4-hour drive of tens of millions of Southeast households, with current macro conditions — compressed vacation budgets, reduced international travel — supporting continued substitution demand to affordable coastal markets
