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1524 E 5Th St Panama City, FL 32401

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For Sale
$1,850,000

Commercial waterfront land with dock, utilities, and development potential.

Lot size:
1.36 Acres

Property Features for 1524 E 5Th St

General Information

Standard status
Active
Lot size
1.36 Acres

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Listing Contact
Marco Cooper
Marco Cooper
Source: Corcoran

Listing Agency: Coastal Sun Realty LLC Listing Agent: Marco Cooper

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

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Overview

Waterfront Commercial Land for Sale

This commercial waterfront parcel is located off Business Highway 98 and fronts Watson Bayou, adjacent to Watson Landings Marina. The property is zoned GC-2 and features road and water frontage. A new addition of 14 wet slips with custom lifts, power, and water are available. The slips have hydraulic lifts and can accommodate boats over 40 feet. Additional slips can be added. All utilities are in place, including city sewer and water, as a dwelling previously existed on the premises before a hurricane. The land includes a 250 ft seawall and a 136 ft boat dock, providing deep water access and over 250 feet of waterfront. The location and land size are suitable for building a storage facility, retail space, multi-family housing, or single-family homes, given its commercial and mixed-use zoning. The property offers easy water access to the Gulf, with an upscale marina nearby for boat fuel, storage, and goods. A new city public boat ramp is also located in close proximity. The property is zoned Special Needs and may qualify for tax incentives. Seller financing is available.
Location Intelligence

Current Use by Public Records

Waterfront Land

Suggested Use

Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

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

Location Insight

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City
Panama City
County
Walton
State
Florida
Longitude
-85.6393044
Latitude
30.1564081

FAQs

What type of property is this?
Waterfront Land - Commercial waterfront land with dock, utilities, and development potential.
Where is this waterfront land located?
The property is located at 1524 E 5Th St Panama City, FL.
What is the asking price?
The asking price for this property is $1,850,000.
What are key features of this property?
This property features: - Waterfront property with **250 ft seawall and 136 ft boat dock** (deep water access) on Watson Bayou, offering over 250 feet of waterfront.; - Located next to Watson Landings Marina, providing convenient access to boating services and the Gulf.; - Zoned GC-2 (Commercial and Mixed Use), suitable for various developments.
More about this property
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