Commercial Land

Vacant Land for Sale
Catylist Listing ID: 30873003
Property Subtypes: Hospitality, Office, Retail, Vacation/Resort
Gross Land Area: 2.77 Acres
Sale Price: $3,950,000
Unit Price: $1,425,992 Per Acre
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 5/29/2024

Overview / Comments

LOCATION LOCATION LOCATION IT ABSOLUTELY DOES NOT GET ANY BETTER. Three Blocks to the new Hospital currently being built on Hwy 79. The highest commercial zoning in Panama City Beach with the capacity of up to 65 " in height. The most northern parcel on Hwy 79 within the City of Panama City Beach City limits. Median Cut in the highway for North flowing traffic as well. This parcel has the PERFECT location and zoning for a multi leveled Medical Facility, Hotel, Motel , Restaurant AND AT 2.77 ACRES ENOUGH ROOM FOR A COMBINATION OF THE ABOVE. just minutes from the Beach and Pier Park Development as well as 15 minutes to the International Airport as well. 5 minutes from the new Margaritaville housing development. You must pass this property to enter Panama City Beach from North Hwy 79

Additional Details

Nearest MSA: Panama City
County: Bay
Taxing Authority: Panama City Beach
Tax ID/APN: 32744-000-000
Property Located Between: The new Hospital and the Governing buildings of The City of Panama City Beach.
Property Visibility: Excellent
Largest Nearby Street: HWY 79 and Hwy 98
Feet of Frontage: 255
Highway Access: Hwy 79
Airports: ECP 15 minutes away
Site Description: Rectangular shape that consists of two adjoining parcels.
Area Description: In the middle of
Lot Frontage: 255
Lot Depth: 400
Zoning Description: C-3 Commercial High Intensity Zoning with PCB
Topography: Level
Soil Type: Sandy
Available Utilities: Electric, Water, Sewer, Cable, Broadband, Internet Access
Water Service: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 2,032 9,880 14,285
Median Age: 45.95 42.36 44.16
Households: 926 4,331 6,414


Photograph of Listing Agent

Andy Gonsalves

Counts Real Estate Group Gulf Coast CMLS Member
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