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Commercial Corner Lot on Lagoon

8929 N Lagoon Drive Panama City, FL 32408

Claim this Listing
For Sale
$1,250,000

Prime commercial corner lot with waterfront and high traffic.

Type:Land or Vacant Lot
Lot size:
0.98 Acres
Added:
Nov 21, 2020
Days on Market:
2059
Last Refresh:
May 10 at 8:56 pm

Property Features for 8929 N Lagoon Drive

General Information

Standard status
Active
Lot size
0.98 Acres
Property subtype
Land or Vacant Lot

Listing office MIRACLE STRIP REALTY

Listing date Nov 21, 2020

Source Corcoran

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 MIRACLE STRIP REALTY


Investment Insights

Based on property information with market context.

This prime commercial corner lot is located at the intersection of Joan Avenue and North Lagoon Drive. The property features frontage on both Joan Avenue and North Lagoon Drive, offering excellent exposure to heavy tourist traffic. A billboard sign on the property will convey with the sale. The zoning is General Commercial C-3, with allowable uses detailed in chapter 6 of baycountyfl.gov. The property is located in the beaches special area treatment zone. It is in close proximity to tourist attractions, amusements, boat and jet ski rentals, Signal Hill golf course, marinas, fine dining, bars, shopping, the Navy Base, resorts, vacation rentals, fishing and charter boats, boat storage and slip rentals, and the beaches of Thomas Drive. The property includes over 100 feet of waterfront on Grand Lagoon, with a scenic estuary and a small canal on the East boundary separating the lot from the residential area on North Lagoon Drive. The location benefits from good traffic flow year-round and is situated at a four-way stop with a traffic light. It features approximately 370 feet of frontage on Joan Avenue and North Lagoon Drive, and approximately 103 feet of waterfront on Grand Lagoon.

Key Highlights

  • Prime commercial corner location with frontage on Joan and North Lagoon Drive
  • Waterfront property with 103 +/- feet on Grand Lagoon
  • General Commercial C‑3 zoning allows for a wide range of uses

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Commercial land

Suggested Use

Dental Office Law Firm Building Supply Auto Repair Shop Auto Parts Store Gym & Fitness Center Veterinary Clinic HVAC Service (Bike/Boat/Book/etc) Store Furniture & Home Goods

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

FAQs

What type of property is this?
Commercial land - Prime commercial corner lot with waterfront and high traffic.
Where is this commercial land located?
The property is located at 8929 N Lagoon Drive Panama City, FL.
What is the asking price?
The asking price for this property is $1,250,000.
What are key features of this property?
This property features: Prime commercial corner location with frontage on Joan and North Lagoon Drive; Waterfront property with **103 +/- feet on Grand Lagoon**; General Commercial C‑3 zoning allows for a wide range of uses
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