$19,000,000
Panama City Beach, FL 32407
MLS# 780378
Status: Pending
1 / 3
Property Description
The Phillips Portfolio represents a once-in-a-generation opportunity to invest in one of America's most dynamic growth markets. The Portfolio has been strategically assembled to include an inventory of 43 high-value assets. These assets span across Northwest Florida and include residential, commercial, and industrial assets. Structured with current income-producing, in-process development parcels and greenfield land opportunities. The Phillips Portfolio offers above-market return opportunities across the immediate, medium, and long-term investment horizons. Inquire with Listing Agents for full portfolio information. The Kukla property represents one of the last large acreage development opportunities along the NWFL Gulf Coast. Located in the heart of Panama City Beach, this +/-28ac property has frontage along Front Beach Rd (Scenic Hwy 98), Clara Ave, Hutchison Blvd, and Lyndell Lane. The property represents a tremendous opportunity for Build-to-Rent, Resort RV Park, or a myriad of other mixed-use development opportunities. Ideal zoning, proximate to tourism/commercial amenities, schools, and the beaches of Panama City.
Details
Maps
Location
Sub Area: 0320 - Beach - Middle Central
Community/Resort: None
Waterfront: No
Elementary School: Hutchison Beach
Middle School: Surfside
High School: Arnold
Directions: Traveling West on US Highway 98, turn South onto Clara ave. Travel a half mile to the intersection of Clara ave and Hutchison blvd. The subject property lies on the SE corner of the intersection.
Area: 03 - Bay County - Beach
Street #: 12610
Street Name: Front Beach
Street Suffix: Road
State: FL
Zip Code: 32407
County: Bay
Subdivision: [No Recorded Subdiv]
Parcel ID: 34068-000-000
Legal Description: 27 3S 16W -33- 38A4 COM AT INT OF SLY R/W OF HUTCHISON BLVD & ELY R/W OF CLARA AV E 20.94' SLY 868.11' SELY 311.68' SWLY 1148.25' NW 476' N 297.45' NWLY 386.27' N 283.53' E 240.07' N 180.16' W 239.40' NLY 81.88' TO POB *AND COM AT INT OF SLY R/W OF H UTCHISON BLVD & ELY R/W OF CLARA AV S 157.95' SLY 461.45' SELY 320' SLY 79.15' W 124.58' S 149.62' E 128.46' S 55.85'
General Property Info
List Class: Commercial
Acreage: 28.88
Construction Status: To Be Built
SqFt Tot Bldg: 0
Listing Info, Tax and Legal
HOA Fee: No
Remarks & Misc
Remarks: The Phillips Portfolio represents a once-in-a-generation opportunity to invest in one of America's most dynamic growth markets. The Portfolio has been strategically assembled to include an inventory of 43 high-value assets. These assets span across Northwest Florida and include residential, commercial, and industrial assets. Structured with current income-producing, in-process development parcels and greenfield land opportunities. The Phillips Portfolio offers above-market return opportunities across the immediate, medium, and long-term investment horizons. Inquire with Listing Agents for full portfolio information.
The Kukla property represents one of the last large acreage development opportunities along the NWFL Gulf Coast. Located in the heart of Panama City Beach, this +/-28ac property has frontage along Front Beach Rd (Scenic Hwy 98), Clara Ave, Hutchison Blvd, and Lyndell Lane. The property represents a tremendous opportunity for Build-to-Rent, Resort RV Park, or a myriad of other mixed-use development opportunities. Ideal zoning, proximate to tourism/commercial amenities, schools, and the beaches of Panama City.
Floors in Unit/Home
One: 1
Contract Info
List Date: 2025-10-15
List Price: $19,000,000
Current Price: $19,000,000
Sub-Type: Land
Status Change Info
Status: Pending
Under Contract Date: 2026-03-20
Property Features
Listing Office: NAI TALCOR
Last Updated: March - 23 - 2026
Information deemed reliable but not guaranteed.