9415 Hwy 79
Panama City Beach, FL 32413
MLS# 776014
Status:
Sold16800 sqft
Property DescriptionIf you are looking for an opportunity to take advantage of the unparalleled development occurring around Latitude Margaritaville, one of the top master-planned communities in the US, then you've found it.
When it comes to real estate, it's often said that the three most important factors to consider when buying real estate are Location, Location and Location. And this parcel certainly meets all three of those factors.
Located less than 1/4-mile north of the main entrance to Latitude Margaritaville, 1/2-mile from a new 50,000sf Publix anchored shopping center scheduled to open early spring 2026, 3-miles to the entrance of Northwest Florida Beaches Int'l Airport, 4-miles from the new FSU Health 100-bed acute care hospital scheduled to open in 2028, and 6-miles from the beautiful beach of Panama City Beach, this 2.7 acre parcel offers strategic location. It also has a recently expired development order for 16,800sf of mixed-use commercial space spread across 3 building the component for which are already on site and included in the sale of the land. If the specs of the DO match what you want on the site, the Seller may consider going thru the process of getting the DO reissued. DO available on request.
Lattitude Margaritaville is a critical part of the Bay-Walton Sector Plan, a massive land use plan that will guide the next 50 years of growth and development for the Florida panhandle. The sprawling Bay-Walton Sector Plan is spread across 150,000 acres connecting Walton and Bay Counties and when complete, will include up to 170,000 residential units and over 60,000,000sf of commercial and institutional space.
List Price/SqFt: 93.75
List Date: 2025-07-09
List Price: $1,575,000
Current Price: $1,000,000
Sub Area: 0411 - Bay North - West Bay
Community/Resort: None
Waterfront: No
Elementary School: West Bay
Middle School: Surfside
High School: Arnold
Directions: Property is roughly 1/2 mile north of the main entrance to Lattitude Margaritaville on the west side of 79. Fraley Provisions is almost directly across 79 on the east side of the hwy.
Area: 04 - Bay County - North
Street #: 9415
Street Name: Hwy 79
County: Bay
Subdivision: [No Recorded Subdiv]
Parcel ID: 32496-000-000
Legal Description: 16 2S 16W 2.7A M/L -5- 34 BEG 300' S OF NW COR E 789' TO SR#79 SLY 152.5' TO PT W TO SEC LINE N 150' TO POB LESS R/W ORB 4601 P 506
List Class: Lots/Land
Acreage: 2.66
Construction Status: To Be Built
SqFt Tot Bldg: 16800
Remarks: If you are looking for an opportunity to take advantage of the unparalleled development occurring around Latitude Margaritaville, one of the top master-planned communities in the US, then you've found it.
When it comes to real estate, it's often said that the three most important factors to consider when buying real estate are Location, Location and Location. And this parcel certainly meets all three of those factors.
Located less than 1/4-mile north of the main entrance to Latitude Margaritaville, 1/2-mile from a new 50,000sf Publix anchored shopping center scheduled to open early spring 2026, 3-miles to the entrance of Northwest Florida Beaches Int'l Airport, 4-miles from the new FSU Health 100-bed acute care hospital scheduled to open in 2028, and 6-miles from the beautiful beach of Panama City Beach, this 2.7 acre parcel offers strategic location. It also has a recently expired development order for 16,800sf of mixed-use commercial space spread across 3 building the component for which are already on site and included in the sale of the land. If the specs of the DO match what you want on the site, the Seller may consider going thru the process of getting the DO reissued. DO available on request.
Lattitude Margaritaville is a critical part of the Bay-Walton Sector Plan, a massive land use plan that will guide the next 50 years of growth and development for the Florida panhandle. The sprawling Bay-Walton Sector Plan is spread across 150,000 acres connecting Walton and Bay Counties and when complete, will include up to 170,000 residential units and over 60,000,000sf of commercial and institutional space.
Sold Price/SqFt: 59.52
Sold Price/Acre: 375939.85
Status: Sold
Under Contract Date: 2025-08-21
Sold Date: 2025-10-24
Sold Price: $1,000,000
Property Type: Commercial
Present Zoning: Commercial
Listing Office: Beachy Beach Real Estate
Last Updated: October - 28 - 2025
Information deemed reliable but not guaranteed.