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 development flexibility. A development order will soon be in place to build five approximately 1800 sq ft homes. The location is surrounded by new construction homes, high-rise condos, restaurants, public beach access, and major attractions. The property is not in a flood zone. It offers high visibility and is suitable for commercial, mixed-use, or multifamily development. Zoning details include a maximum density of 15 units per acre, a maximum building height of 35 feet, an impervious surface ratio of 60%, a floor area ratio of 100%, setbacks of 20 ft front/rear and 5 ft sides, and a minimum lot frontage of 70 ft. The property is ideal for commercial retail, short-term rentals, townhomes, mixed-use, or multifamily units.