Incredible development opportunity! Property is zoned commercial high intensity within the FBO4 (Front Beach Overlay) district. This will allow for apx. 15 stories and 260+ units with the ability to potentially increase density with incentives provided for the city. This ~3.65 Acre Gulf front commercial parcel on Front Beach Road offers ~450 feet of Gulf frontage. This is one of the largest developments on the market in Northwest Florida. This property is conveniently located next to the County Pier and several restaurants within walking distance. The popular Pier Park Mall is just 3.5 miles west offering 900,000 sq. ft. entertainment, restaurants, and shopping. The location is just 14 miles south of Northwest Florida Beaches International Airport, making this a convenient destination. There is current commercial expansion within Bay and Walton counties, giving this parcel a lot of potential.
Off market
$1,557,500
12513 Front Beach Rd, Panama City Beach, FL 32407
2beds
0baths
1,357sqft
SingleFamily
Built in ----
3.65 Acres Lot
$1,557,500 Zestimate®
$1,148/sqft
$2,157 Estimated rent
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