$450,000

Rare commercial or residential opportunity in one of Panama City Beach's most desirable growth corridors. This 0.80± acre parcel is being marketed for its land value, offering an exceptional opportunity for developers, investors, and owner-users seeking a highly versatile commercial site. Strategically located between two major Panama City Beach thoroughfares, the property offers outstanding accessibility, strong traffic exposure, and convenient access to the area's residential communities, tourist destinations, and commercial centers. The property is zoned Bay County C3 Commercial, allowing an extensive range of development options--from single-family residential to all permitted C-3 commercial uses. Short-term and vacation rental properties are permitted, creating opportunities for hospitality, mixed-use, retail, office, restaurant, service, and residential investment projects. The existing improvements contribute little to the overall value and are considered secondary to the property's redevelopment potential, making this an ideal site for a new commercial or mixed-use project.