4.77 Vacant Commercial Acres in Panama City, FL

Amazing Development Opportunity is Ready for You! In a Prime Location, this 4.77 acre parcel zoned General Commercial 2, in the Gateway Overlay, is located just before the Hathaway Bridge in Panama City, this offering fantastic traffic count and visibility when traveling on Hwy 98 East from Panama City or West to Panama City Beach. This parcel offers easy access via 3 different roads, Hwy 98, 19th St, and Brown Ave. Approximately 180 feet frontage on Hwy 98, 580 feet on 19th St, and 375 feet on Brown Ave. This property is in close proximity to Port of Panama City and Gulf Coast State College and FSU campuses as well as quick access to Historic St. Andrews and the Downtown Panama City area, and Panama City Beach. This property would be perfect for apartments, hotel, restaurant, retail store or any combination of many different commercial businesses. See more usage details in the documents section of this listing. Previously, there was a hotel that has been demolished due to damage from Hurricane Michael.

Please be aware the buyer is responsible for verifying all information and for confirming with the local planning department or governing authority to ensure the land usability suits buyer’s needs. 

• Processing Fee: $ 495.00
• Deed Type: General Warranty Deed
• Legal Description: BAYVIEW ADD 35 3S 15W BEG 277'E & 35.72'S & 446.51' E OF SW COR OF NW1/4 TH E 546.59' S 375.40' W 412.22' S 225' NWLY 161.62' N 418.12' TO POB ORB 4074 P 2153
• Cash Sale: $ 23,000,000.00
• Road Access: Paved
• Zoning: PC09
• Utilities: All utilities
• Taxes: $15,615.51