$469,000

Prime development opportunity in one of Panama City's most desirable coastal corridors. Conveniently located just minutes from Gulf Coast State College and Florida State University Panama City campus. This ±0.80-acre parcel offers exceptional potential for builders, developers, and investors looking to maximize returns in a high demand area. Positioned just across from the bay and surrounded by established homes, this property is ideally suited for subdivision into 4/5 residential lots or a custom smaller scale development. With its proximity to the bay, a multi story build may offer the opportunity for water views, adding long term value and appeal. With three sides of road frontage, access and layout flexibility make this site especially attractive for multiple build scenarios. Opportunities like this are hard to find. Motivated to sell! This location adds even more value, minutes from waterfront access, dining, shopping, and the continued growth of the Panama City market. Demand for new construction and short term rental opportunities in this area remains strong, making this a compelling play for both builders and long term investors.