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    3900 Marriott Dr Panama City, FL

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    For Sale
    $11,750,000

    4.32-acre site approved for 56 luxury condominiums and retail.

    Property size:
    125,000 SF
    Lot size:
    4.35 Acres

    Property Features for 3900 Marriott Dr

    General Information

    Size
    125,000 SF
    Lot size
    4.35 Acres

    Source: BluMac Realty, Inc. Agent Tracey McMackin

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Waterfront Development Opportunity

    This 4.32-acre site, positioned within the Bay Point master-planned community and adjacent to The St. Joe Company’s Point South Marina, is approved for 56 luxury condominium residences averaging over 2,000 square feet each, with expansive 350+ SF decks, private parking, and views of St. Andrews Bay. The development also includes approximately 10,000 square feet of curated retail and restaurant space, three resort-style pools, a members’ club with pool and bar, and a business and wellness center, all within 0.2 miles of the marina and its 180 new boat slips. The property is designed with the architectural sensibility of Alys Beach and Rosemary Beach, combining Bermudan-inspired forms with modern functionality, courtyards, rooftop terraces, and pedestrian walkways that blend high-end residential, boutique retail, and social space into a waterfront community. This property is intended for residential and retail use.
    Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Restaurant Realty agency Building Supply Dental Office Spa & Massage Law Firm Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Panama City
    County
    Walton
    State
    Florida
    Longitude
    -85.6602058
    Latitude
    30.1588129

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    FAQs

    What type of property is this?
    Apartment building - 4.32-acre site approved for 56 luxury condominiums and retail.
    Where is this apartment building located?
    The property is located at 3900 Marriott Dr Panama City, FL.
    What is the asking price?
    The asking price for this property is $11,750,000.
    What are key features of this property?
    This property features: - Final undeveloped marina-front parcel in Bay County, offering a unique opportunity on the Emerald Coast.; - Approved for **56 luxury condominium residences** averaging over 2,000 square feet with 350+ SF decks and private parking.; - Located within the prestigious Bay Point master-planned community, adjacent to The St. Joe Company’s Point South Marina.
    (850) 516-6767
    Request Owner's contact information
    3900 Marriott Dr Panama City, FL
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    Panama City, FL
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    3900 Marriott Dr Panama City, FL
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