$175,000

Prime Development Opportunity in Panama City Beach - Short Term Rental District This parcel is one of four adjacent properties being offered together as a package sale, creating a rare development opportunity in a high-demand short term rental area of Panama City Beach. Collectively, the four parcels total approximately 1.79 acres and offer the potential to develop up to 16 single family homes (buyer to verify zoning, density, and development requirements). All parcels in the assemblage feature 250 feet of road frontage on Joan Avenue and 100 feet of frontage on Lagoon Knoll, providing excellent access and design flexibility for future development. The parcels have utilities available, reducing upfront development hurdles and making this an attractive site for builders and investors focused on vacation rental or residential income properties. Located just minutes from the beaches, popular restaurants, shopping and entertainment, this property sits in an area consistently sought after by visitors and second-home buyers alike. Property Highlights: *Part of a 4-parcel assemblage being sold together *Total combined acreage approx. 1.79 acres *Located in a short-term rental friendly area (buyer to verify local regulations) *Potential for up to 16 single-family homes across all parcels *250' frontage on Joan Ave. & 100' on Lagoon Knoll (The assemblage) *Utilities available *close to beach access, dining, attractions, and shopping *Ideal for developers, builders and short-term rental investors A rare chance to secure a well-located development footprint in one of Florida's most active vacation rental markets. (Buyer to verify all zoning, density, utilities, short-term rental regulations, and development feasibility)