Property Type:
Commercial for Sale
Lot Size (sq. ft.):
158,994
Status:
Sold
Current Price:
$6,994,000
List Date:
3/14/2015
Last Modified:
10/12/2024
Description
Incredible development opportunity! This ~3.65 Acre Gulf front commercial parcel on Front Beach Road offers ~450 feet of Gulf frontage and has a approved development order extended through 2016 for approx. 340 units. This is one of the largest developments on the market in Northwest Florida and is priced competitively. 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. There is current commercial expansion within Bay and Walton counties, giving this parcel a lot of potential. The location is just 14 miles south of Northwest Florida Beaches International Airport, making this a convenient destination.
Supplements: The parcel is also just 13.3 miles from the infamous, upscale community of Rosemary Beach and 14.3 miles from Alys Beach. Take advantage of this market in one of the fastest growing counties in the U.S. and watch your development grow with Panama City Beach. A full marketing packet available upon request.
Listing Office: ResortQuest Real Estate
Last Updated: October - 12 - 2024
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