$850,000

Prime Commercial Development Opportunity - Investors, Builders & Entrepreneurs Take Notice! An exceptional opportunity awaits on Beach Drive in the heart of Panama City Beach, just 900 feet from the Gulf of Mexico! This rare offering includes three combined lots totaling 150' x 115' (.40 acres)--ideally positioned for high-visibility development in a vibrant and rapidly growing area. Property Highlights: Zoned C-1 (Neighborhood Commercial) - Grandfathered-in status with broad development flexibility Development Order: Will be in place within a week to build five +/- 1800 sq ft homes Location: Surrounded by new construction homes, high-rise condos, restaurants, public beach access, and major attractions Not in a flood zone - despite being only steps from the beach! High visibility - Excellent for commercial, mixed-use, or multifamily development 📐 Zoning & Development Details: Zoning: C-1 Neighborhood Commercial Density: Up to 15 units per acre Max Building Height: 35 feet Impervious Surface Ratio: 60% Floor Area Ratio: 100% Setbacks: 20 ft front/rear, 5 ft sides Minimum Lot Frontage: 70 ft Why This Property? Development order saves you time and money - skip the delays and start building quickly Rare grandfathered-in property with flexible zoning High-demand area with both tourist traffic and residential growth Ideal for commercial retail, short-term rentals, townhomes, mixed-use, or multifamily units Whether you're planning to develop according to the existing development order, launch a dynamic new business, or secure a valuable asset in one of Florida's most coveted coastal markets, this property checks every box.