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    00 Plum Cir Panama City Beach, FL 32413

    For Sale
    $299,000

    1.17-Acre Waterfront Property, $299,000

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    364
    This exceptional 1.17-acre property in Panama City Beach, Florida, presents a unique development opportunity. Located just blocks from Latitude Margaritaville, this special-purpose land boasts approximately 300 feet of waterfront access to West Bay, perfect for launching kayaks, paddleboards, or small boats. The property features gorgeous views of marshy kayak trails and is conveniently situated with access points on two roads. The existing FLU West Bay Center zoning allows for potential commercial development, offering flexibility for investors. Alternatively, the lush landscape, abundant hardwood trees, and tranquil waterfront setting make it an ideal location for a stunning private residence. The lot size is 50,965 square feet, providing ample space for various projects. This prime location in the desirable West Bay area offers a blend of natural beauty and development potential, making it an attractive investment opportunity. The asking price is $299,000. Don't miss the chance to explore the possibilities of this remarkable property; schedule a viewing today. The property is located at 00 Plum Circle, Panama City Beach, FL 32413.

    Property Features for 00 Plum Cir

    General Information

    Property type
    Specialty properties

    HighLights

    • $299,000 asking price.
    • Special Purpose property.
    • 50,965 sq ft lot size.
    • 1.17‑acre waterfront lot in Panama City Beach, FL, with 300 ft of bay frontage.
    • Bay access, suitable for boats and watercraft.
    • Potential for commercial development or residential use.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Law Firm Restaurant Building Supply Convenience Store Storage Facility Travel Agency Carpet & Flooring Store Breakfast

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

    Location Insight

    • Map
    • Local Demand
    City
    Panama City Beach
    County
    Bay
    State
    Florida
    Longitude
    -85.8508823
    Latitude
    30.2957117

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    FAQs

    What type of property is this?
    Specialty property - 1.17-Acre Waterfront Property, $299,000
    Where is this specialty property located?
    The property is located at 00 Plum Cir Panama City Beach, FL.
    What is the asking price?
    The asking price for this property is $299,000.
    What are key features of this property?
    This property features: $299,000 asking price.; Special Purpose property.; 50,965 sq ft lot size.
    Request Owner's contact information
    00 Plum Cir Panama City Beach, FL 32413
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    Panama City Beach, FL 32413
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    00 Plum Cir Panama City Beach, FL 32413
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