Beach Drive Development
For Sale
$850,000
22 23 24 Beach Drive, Panama City Beach, FL 32408
Prime commercial land near the Gulf of Mexico for sale.
Property SizeContact for details
Days on Market429
Property Features for 22 23 24 Beach Drive
General Information
Standard status
Active
Listing Agency:
OWN IT REAL ESTATE LLC
Listed By:
CINDY K CHAVIRA
Source:
Corcoran
Added: Jun 4, 2025
Changed: Mar 16
Last Checked: Mar 16 at 9:09AM
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 OWN IT REAL ESTATE LLC
Investment Insights
Based on property information with market context.
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.
Key Highlights
- Prime location on Beach Drive, Panama City Beach, only 900 feet from the Gulf of Mexico.
- Grandfathered‑in C‑1 zoning provides broad development flexibility.
- Development order in place within a week, allowing for immediate construction of five +\/- 1800 sq ft homes.**
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,117
Businesses Nearby
Explore this area
Business Placement
Demographics for 32408, FL
17,479
Population
17,018
Households
1
Avg Household Size
48
Median Age
39%
College-Educated
96%
High-School Grad
8.6 sq mi
ZIP Area
2,032
Density / Sq Mi
$72,322
Median Household Income
$42,749
Median Earnings
$1,453
Median Rent
$352,400
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Commercial land - Prime commercial land near the Gulf of Mexico for sale.
Where is this commercial land located?
The property is located at 22 23 24 Beach Drive Panama City Beach, FL.
What is the asking price?
The asking price for this property is $850,000.
What are key features of this property?
This property features: Prime location on Beach Drive, Panama City Beach, only 900 feet from the Gulf of Mexico.; Grandfathered‑in C‑1 zoning provides broad development flexibility.; Development order in place within a week, allowing for immediate construction of five +\/- 1800 sq ft homes.**
