22 Beach Dr Panama City Beach, FL 32408

This commercial development opportunity is located on Beach Drive in Panama City Beach, approximately 900 feet from the Gulf of Mexico. The property consists of three combined lots totaling 0.40 acres (150' x 115'). The site is zoned C-1 (Neighborhood Commercial) with grandfathered-in status, offering broad development flexibility. A development order will soon be in place to build five approximately 1800 sq ft homes. The property is surrounded by new construction homes, high-rise condos, restaurants, public beach access, and major attractions. It is not located in a flood zone. The zoning allows for up to 15 units per acre, with a maximum building height of 35 feet, an impervious surface ratio of 60%, and a floor area ratio of 100%. Setbacks are 20 ft front and rear, and 5 ft on the sides, with a minimum lot frontage of 70 ft. The property is suitable for commercial retail, short-term rentals, townhomes, mixed-use, or multifamily units.