Prime Commercial Development Site
000 W Highway 388, Panama City Beach, FL 32413
For Sale
$1,975,000
4.22 acre commercial site near Latitude Margaritaville.
Property Size2,136 SF
Lot Size4.22 Acres
Price / SF$924.63
Days on Market952
Property Features for 000 W Highway 388
General Information
Standard status
Size
Lot size
Property subtype
Listing Agency:
COUNTS REAL ESTATE GROUP
(850) 248-3615
Listed By:
TIMOTHY M CARROLL · License FL SL3484149
(850) 532-5878
Source:
Corcoran
Added: Apr 3, 2024
Changed: Nov 8
Last Checked: Nov 10 at 8:01AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of COUNTS REAL ESTATE GROUP
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Investment Insights
Based on property information with market context.
This is a 4.22± acre commercial development site located on W. Highway 388 in West Bay/Panama City Beach. The property is situated in one of Florida's active markets and is part of the 110,000± acre Bay-Walton Sector Plan, which includes the Latitude Margaritaville mixed-use development. The site is located 1.5± miles south of the primary entrance to Latitude Margaritaville and 4± miles west of Northwest Florida Beaches International Airport. It offers convenient access, situated 700± feet east of the Highway 79 corridor and the West Bay Bridge, providing access to Panama City Beach to the south and Latitude Margaritaville to the north. Zoned General Commercial (C-3) in Unincorporated Bay County, the site allows for various commercial uses. Bay County public water and sewer services are available along W. Highway 388. A 2,136± square foot home built in 1975 is currently on the property, and its contribution to the overall value is undetermined. The site is entitled and ready for immediate commercial development.
Key Highlights
- Prime 4.22± acre commercial development site in West Bay/Panama City Beach.
- Strategically located 1.5± miles from Latitude Margaritaville entrance.
- Convenient access to Highway 79 corridor and West Bay Bridge.
Property Analytics
Location Intelligence
Trade Area within ½ mile
16
Businesses Nearby
Explore this area
Business Placement
Demographics for 32413, FL
15,217
Population
16,334
Households
0.9
Avg Household Size
50
Median Age
34%
College-Educated
94%
High-School Grad
108.2 sq mi
ZIP Area
141
Density / Sq Mi
$76,010
Median Household Income
$41,282
Median Earnings
$1,629
Median Rent
$384,000
Median Home Value
Market
Properties on Market for Commercial land in Panama City Beach
Frequently Asked Questions
What type of property is this?
Commercial land - 4.22 acre commercial site near Latitude Margaritaville.
Where is this commercial land located?
The property is located at 000 W Highway 388 Panama City Beach, FL.
What is the asking price?
The asking price for this property is $1,975,000.
What are key features of this property?
This property features: Prime 4.22± acre commercial development site in West Bay/Panama City Beach.; Strategically located 1.5± miles from Latitude Margaritaville entrance.; Convenient access to Highway 79 corridor and West Bay Bridge.
