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Panama City Beach Development Opportunity
For Sale
$1,699,000
Pending

7928 W Highway 388, Panama City Beach, FL 32413

8-acre property near airport and Latitude Margaritaville Watersound.

Property SizeContact for details
Lot Size8.00 Acres
Days on Market637

Property Features for 7928 W Highway 388

General Information

Standard status Pending
Lot size 8.00 Acres
Property subtype Land

Taxes and HOA fees

Annual Taxes $1,967
Listing Agency: Scenic Sotheby's International Realty
Listed By: Taylor Moorman · License #3570743
Source: Exprealty
Added: Jan 24, 2025 Changed: Oct 4 Last Checked: Oct 23 at 9:30AM

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 Scenic Sotheby's International Realty

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Investment Insights

Based on property information with market context.

This 8-acre property is located in a rapidly growing area of Panama City Beach. Zoned WBC (West Bay Center) within the West Bay Sector Plan, the property offers flexibility for a range of development possibilities. A picturesque pond is located at the rear of the property. The property is located two miles from the Northwest Florida Beaches International Airport and one mile from Latitude Margaritaville Watersound, a 55+ community. It is near the Tallahassee Memorial Healthcare Hospital and a growing commercial hub and is adjacent to RiverCamps on Crooked Creek. Utilities, including water and sewer, are located nearby. The property is suitable for residential or commercial ventures.

Key Highlights

  • 8‑acre property zoned WBC offering exceptional development flexibility.
  • Strategic location: Just 2 miles from Northwest Florida Beaches International Airport and 1 mile from Latitude Margaritaville Watersound.
  • Proximity to Tallahassee Memorial Healthcare Hospital and a growing commercial hub.

Property Analytics

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Suggested Use

Top Pick Building Supply Grocery & Convenience Store Storage Facility Carpet & Flooring Store Restaurant Law Firm

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

14
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Frequently Asked Questions

What type of property is this?
Commercial land - 8-acre property near airport and Latitude Margaritaville Watersound.
Where is this commercial land located?
The property is located at 7928 W Highway 388 Panama City Beach, FL.
What is the asking price?
The asking price for this property is $1,699,000.
What are key features of this property?
This property features: 8‑acre property zoned WBC offering exceptional development flexibility.; Strategic location: Just 2 miles from Northwest Florida Beaches International Airport and 1 mile from Latitude Margaritaville Watersound.; Proximity to Tallahassee Memorial Healthcare Hospital and a growing commercial hub.
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