$2,600,000
Panama City Beach, FL 32413
MLS# 755176
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Property Description
Prime 4.22± acre commercial development site on W. Highway 388 in the heart of one of Florida's hottest markets, West Bay/Panama City Beach and home to Latitude Margaritaville, a mixed use development included in the 110,000± acre Bay-Walton Sector Plan. The site is strategically located just 1.5± miles south of the primary entrance to Latitude Margaritaville and 4± miles west of Northwest Florida Beaches International Airport. Convenient access just 700± feet east of the Highway 79 corridor and the West Bay Bridge, the gateway to Panama City Beach to the south, and Latitude Margaritaville to the north. Zoned General Commercial (C-3) in Unincorporated Bay County which allows for many commercial uses. Bay County public water and sewer are available along W. Highway 388. There currently is a 2,136± square foot home on the property built in 1975 which may or may not contribute value. This site with its current entitlements is ready for immediate commercial development.
Details
Maps
Contract Info
List Price/Acre: 616113.74
List Type: Exclusive Right of Sale
Named Exception: No
List Date: 2024-04-03
List Price: $2,600,000
Current Price: $2,600,000
Sub-Type: Vacant Land
Location, Tax & Legal
Sub Area: 0411 - Bay North - West Bay
Community/Resort: None
Waterfront: No
Elementary School: West Bay
Middle School: Surfside
High School: Arnold
Directions: From Highway 79 northbound, turn right (east) onto W. Highway 388. Parcels are 500± feet down W. Highway 388 on the right (south side).
HOA Fee: No
Street #: 000
Street Name: W. Highway 388
State: FL
Zip Code: 32413
County: Bay
Area: 04 - Bay County - North
Subdivision: [No Recorded Subdiv]
Parcel ID: 32604-000-000
Legal Description: Long Legal
General Property Info
Acreage: 4.22
Lot Size (SqFt): 183823
Is Subject Leased: No
Remarks & Misc
Remarks: Prime 4.22± acre commercial development site on W. Highway 388 in the heart of one of Florida's hottest markets, West Bay/Panama City Beach and home to Latitude Margaritaville, a mixed use development included in the 110,000± acre Bay-Walton Sector Plan. The site is strategically located just 1.5± miles south of the primary entrance to Latitude Margaritaville and 4± miles west of Northwest Florida Beaches International Airport. Convenient access just 700± feet east of the Highway 79 corridor and the West Bay Bridge, the gateway to Panama City Beach to the south, and Latitude Margaritaville to the north. Zoned General Commercial (C-3) in Unincorporated Bay County which allows for many commercial uses. Bay County public water and sewer are available along W. Highway 388. There currently is a 2,136± square foot home on the property built in 1975 which may or may not contribute value. This site with its current entitlements is ready for immediate commercial development.
Utilities
All Utilities: 1
TransportationAccess
2 - Lane: 1
Status Change Info
Status: Active
Property Features
TransportationAccess: 2 - Lane
Utilities: All Utilities
Listing Office: Counts Real Estate Group
Last Updated: March - 27 - 2026
Information deemed reliable but not guaranteed.