509 Palm Beach Drive, Panama City Beach, FL 32413

$155,000
Property Type: Land Lot Size (sq. ft.): 5,227 Status: Pending
Current Price: $155,000 List Date: 9/04/2025 Last Modified: 12/07/2025

Description

Discover the perfect canvas for your beach retreat on this 50' x 105' homesite at 509 Palm Beach Drive, ideally located on the desirable west end of Panama City Beach. Tucked into a quiet neighborhood yet just minutes from the Gulf, this property presents a rare opportunity: purchase the adjacent vacant lot as well to create a double homesite at a bundled price. With no HOA restrictions, public sewer available at the street, and plenty of space to design your ideal coastal residence, the options are wide open. Build your dream home, a vacation escape, or maximize income potential with a short-term rental. For builders, the ability to secure two side-by-side parcels offers the perfect chance to deliver multiple projects in a high-demand market.

Supplements: From this prime location, enjoy the best of both worlds, the serenity of Lake Powell and pristine Gulf beaches just blocks away, plus convenient access to 30A, Inlet Beach, Rosemary Beach, Pier Park, local dining, shopping, and entertainment. With land availability on the west end shrinking, opportunities like this don't come along often. Offered at $155,000 each or $300,000 for both lots together, an unbeatable value for such a versatile setup.

More Information MLS# 984655

None

Current Price: $155,000

Status Change Info

Status: Pending Under Contract Date: 2025-12-06

Contract Info

List Date: 2025-08-29 List Price: $155,000 Listing Board: Emerald Coast List Price/Acre: 1291666.67

Location Tax and Legal

Street #: 509 Street Name: Palm Beach Street Suffix: Drive Area: 27 - Bay County State: FL Zip Code: 32413 County: Bay Project Name/Subdivision: INLET BEACH HEIGHTS Parcel ID: 36440-000-000

General Property Info

Sub-Type: Vacant Land Acreage: 0.12

Property Features

Lot Access: County Road; Paved Road Lot Features: Addl Land Available; Survey Available; Wooded Zoning: County; Resid Single Family Project Facilities: Short Term Rental - Allowed Utilities: Electric; Public Water; Sewer Available
Listing Office: Corcoran Reverie SRB
Last Updated: December - 07 - 2025
All information is believed to be accurate but is not guaranteed. Protected by Copyright© 2020 and is owned either by the Emerald Coast Association of REALTORS®, Inc or by the developers of the software, FBS, Inc. All rights reserved.

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