$3,000,000
Panama City Beach, FL 32407
MLS# 793882
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Property Description
Exceptional development opportunity in Panama City Beach! This approximately 7.8-acre property on Allison Avenue recently received approval for both a Future Land Use Map amendment to General Commercial and a zoning change to C-3 General Commercial, significantly expanding the property's development potential. Located within Bay County's Beaches Special Treatment Zone, the property offers a unique combination of commercial and residential development potential. C-3 General Commercial allows a broad range of commercial uses, including retail, accommodations and food service, healthcare and social assistance, entertainment and recreation, construction, wholesale trade, manufacturing and other allowable uses. C-3 also includes allowable C-1 and C-2 uses. Within the Beaches Special Treatment Zone, allowable C-1 uses include residential uses under the R-1, R-2, R-3, R-4, R-5 and R-5A classifications, subject to applicable regulations and restrictions. Residential density within the Beaches Special Treatment Zone is subject to a maximum of 15 dwelling units per acre. With General Commercial future land use, C-3 General Commercial zoning and residential development potential through the Beaches Special Treatment Zone provisions, this property provides exceptional flexibility for a variety of potential development concepts. Conveniently located on Allison Avenue in Panama City Beach with access to the surrounding commercial, residential and tourism corridors. Buyer to independently verify zoning, allowable uses, density, utilities, development standards, permitting requirements and suitability for buyer's intended use with Bay County.
Details
Maps
Contract Info
List Price/Acre: 383141.76
List Type: Exclusive Right of Sale
Named Exception: No
List Date: 2026-08-11
List Price: $3,000,000
Current Price: $3,000,000
Sub-Type: Land/Acres
Location, Tax & Legal
Sub Area: 0321 - Beach - North Central
Community/Resort: None
Waterfront: No
Elementary School: Patronis
Middle School: Surfside
High School: Arnold
Directions: From Panama City Beach PKWY (US-98), travel South on Allison Ave. Property will be on the right.
HOA Fee: No
Street #: 1616
Street Name: Allison
Street Suffix: Avenue
State: FL
Zip Code: 32407
County: Bay
Area: 03 - Bay County - Beach
Subdivision: [No Recorded Subdiv]
Parcel ID: 27550-080-000
Legal Description: 31 3S 15W -7.11- 57C2 COM AT NE COR OF BLK A CHARITY VILLAGE FOR POB E 166.25' CONT E 556.10' TO W ROW LI OF ALLISON AVE TH SE 58.97' CONT ALG ROW LI IN A CURVE 305.22' S 99.44' W 598.35' NW 57.73' NW 107.71' NW 39.68' N 392.66' TO POB ORB 4704 P 78
General Property Info
Acreage: 7.83
Lot Size (SqFt): 341075
Is Subject Leased: No
Remarks & Misc
Remarks: Exceptional development opportunity in Panama City Beach! This approximately 7.8-acre property on Allison Avenue recently received approval for both a Future Land Use Map amendment to General Commercial and a zoning change to C-3 General Commercial, significantly expanding the property's development potential.
Located within Bay County's Beaches Special Treatment Zone, the property offers a unique combination of commercial and residential development potential. C-3 General Commercial allows a broad range of commercial uses, including retail, accommodations and food service, healthcare and social assistance, entertainment and recreation, construction, wholesale trade, manufacturing and other allowable uses. C-3 also includes allowable C-1 and C-2 uses. Within the Beaches Special Treatment Zone, allowable C-1 uses include residential uses under the R-1, R-2, R-3, R-4, R-5 and R-5A classifications, subject to applicable regulations and restrictions.
Residential density within the Beaches Special Treatment Zone is subject to a maximum of 15 dwelling units per acre. With General Commercial future land use, C-3 General Commercial zoning and residential development potential through the Beaches Special Treatment Zone provisions, this property provides exceptional flexibility for a variety of potential development concepts.
Conveniently located on Allison Avenue in Panama City Beach with access to the surrounding commercial, residential and tourism corridors. Buyer to independently verify zoning, allowable uses, density, utilities, development standards, permitting requirements and suitability for buyer's intended use with Bay County.
Present Zoning
General Commercial: 1
Utilities
All Utilities: 1
Sale Type
As Is: 1
TransportationAccess
County Road: 1
Paved: 1
Status Change Info
Status: Active
Property Features
TransportationAccess: County Road; Paved
Sale Type: As Is
Utilities: All Utilities
Present Zoning: General Commercial
Listing Office: Beachy Beach Real Estate
Last Updated: August - 12 - 2026
Information deemed reliable but not guaranteed.