367 Azalea Drive
Panama City Beach, FL 32413
MLS# 722099
Status:
Sold
Property DescriptionNearly one acre of prime commercial land with 200' of Panama City Beach Parkway frontage. Ideally situated less than five miles from Inlet Beach / 30A and five miles from Pier Park, the future development opportunities remain endless with an annual average daily traffic count of over 23,000. The median crossover adjacent from Azalea Drive provides easy access from both West-bound and East-bound traffic. The C-2 commercial zoning provides an array of permissible uses including retail centers up to 50,000 square feet, convenience stores, food service establishments, day care centers, mini warehouses, drug stores / pharmacies, and cannabis dispensing facilities with the proper approval.
List Price/Acre: 811224.49
List Type: Exclusive Right of Sale
Named Exception: No
List Date: 2022-02-09
List Price: $795,000
Current Price: $775,125
Sub Area: 0324 - Beach - West Central
Community/Resort: Gulf Vista
Waterfront: No
Elementary School: West Bay
Middle School: Surfside
High School: Arnold
Directions: Approximately 3.5 miles west of Hwy. 79 on Panama City Beach Parkway (Hwy. 98) -- property will be on your left. Approximately 2.4 miles east of Carillon Beach Resort on Panama City Beach Parkway (Hwy. 98) -- property will be on your right.
HOA Fee: No
Street #: 367
Street Name: Azalea Drive
County: Bay
Area: 03 - Bay County - Beach
Subdivision: Gulf Vista
Parcel ID: 35305-000-000
Legal Description: CRESTVIEW HEIGHTS LOTS 11-17 INC BLK 1 ORB 556 P 275 ORB 3376 P 1814
Acreage: 0.98
Lot Size (SqFt): 42689
Remarks: Nearly one acre of prime commercial land with 200' of Panama City Beach Parkway frontage. Ideally situated less than five miles from Inlet Beach / 30A and five miles from Pier Park, the future development opportunities remain endless with an annual average daily traffic count of over 23,000. The median crossover adjacent from Azalea Drive provides easy access from both West-bound and East-bound traffic. The C-2 commercial zoning provides an array of permissible uses including retail centers up to 50,000 square feet, convenience stores, food service establishments, day care centers, mini warehouses, drug stores / pharmacies, and cannabis dispensing facilities with the proper approval.
Sold Price/Acre: 790943.88
Status: Sold
Under Contract Date: 2022-02-28
Sold Date: 2022-03-07
City Road: 1
County Road: 1
County Road: 1
Divided Highway: 1
TransportationAccess: 4 - Lane; City Road; County Road; Divided Highway; Median Cut; Paved
Financing: Cash; Conventional
Present Zoning: Commercial
Inquire today and discover why Panama City Beach remains one of the fastest growing areas in the Emerald Coast.
Listing Office: Corcoran Reverie
Last Updated: October - 08 - 2024
Information deemed reliable but not guaranteed.