$6,500,000
Panama City Beach, FL 32408
MLS# 746125
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Property Description
7 Acres in the Heart of Panama City Beach located across from Signal Hill Golf Course. Prime location for a hotel, multifamily development or resort. Almost 900 feet along North Lagoon, you are less than 1500 feet to the beach. This property is located in the Tourist District and is zoned Commercial High Intensity. The property can be developed for up to 200 hotel rooms or 74 townhome units. Conceptual Renderings are available. Topographical and Boundary Survey on file.
Details
Maps
Contract Info
Status: Active
List Date: 2023-08-28
List Price: $6,500,000
Current Price: $6,500,000
List Price/Acre: 928571.43
Location
Street #: 9129
Street Direction: N
Street Name: Lagoon
Street Suffix: Drive
Area: 03 - Bay County - Beach
State: FL
Zip Code: 32408
County: Bay
Sub Area: 0319 - Beach - East
Subdivision: [No Recorded Subdiv]
Community/Resort: None
Waterfront: No
Parcel ID: 30185-005-000
Elementary School: Breakfast Point
Middle School: Breakfast Point
High School: Arnold
Directions: Hwy 98 to Joan Ave head south. Take right onto North Lagoon Drive.
Legal Description: 6 4S 15W -1.C1- COM AT INTERSECTION OF W LINE OF SEC & SLY R/W N LAGOON DR TH SELY 440.47' FOR POB TH CONT SELY 998.38' TO W LINE OF GOVT LOT 4 S 406' TO N EDGE OF GRAND LAGOON TH NWLY,SWLY & NWLY 1260' TO A PT SWLY FROM PT OF BEG TH NELY 238' TO POB LESS PRCL -1.C2- ORB 3609 P 2015
General Property Info
Sub-Type: Vacant Land
Lot Dimensions: 885x440x1200x275
Acreage: 7
Lot Size (SqFt): 304920
Property Features
Financing: Cash; Construction Perm; Conventional
Lot Access: County Road
Lot Features: Near Beach Access; Within 1/2 Mile to Water; Wooded
Utilities: Public Sewer Available; Water Connected
Present Zoning: Commercial
Listing Office: Counts Real Estate Group Inc
Last Updated: March - 18 - 2025
Information deemed reliable but not guaranteed.