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Panama City Beach Development Opportunity
For Sale
$6,500,000

9129 N Lagoon Drive, Panama City Beach, FL 32408

7 acres in the heart of Panama City Beach.

Property SizeContact for details
Lot Size7.00 Acres
Days on Market1149

Property Features for 9129 N Lagoon Drive

General Information

Standard status Active
Lot size 7.00 Acres
Property subtype Land
Listing Agency: Counts Real Estate Group Inc
Listed By: Cory E Herrman · License #0605868
Source: Cthomeseekers
Added: Jul 6, 2023 Changed: Aug 23 Last Checked: Aug 26 at 9:52AM

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 Counts Real Estate Group Inc

Investment Insights

Based on property information with market context.

This 7-acre property is located in the heart of Panama City Beach, across from Signal Hill Golf Course. Situated in the Tourist District, the property is zoned Commercial High Intensity. With almost 900 feet of frontage along North Lagoon, it is located less than 1500 feet from the beach. The property is suitable for a hotel, multifamily development, or resort. It can be developed for up to 200 hotel rooms or 74 townhome units. Conceptual renderings, as well as a Topo and Boundary Survey, are available.

Key Highlights

  • Prime location in the heart of Panama City Beach, less than 1500 feet from the beach.
  • Zoned Commercial High Intensity in the Tourist District, allowing for various development options.
  • Development potential for up to 200 hotel rooms or 74 townhome units.

Property Analytics

Current Use

Commercial land

Suggested Use

Top Pick Law Firm Dental Office Electrical Service Building Supply Carpet & Flooring Store Gym & Fitness Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

627
Businesses Nearby

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
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Commercial land - 7 acres in the heart of Panama City Beach.
Where is this commercial land located?
The property is located at 9129 N Lagoon Drive Panama City Beach, FL.
What is the asking price?
The asking price for this property is $6,500,000.
What are key features of this property?
This property features: Prime location in the heart of Panama City Beach, less than 1500 feet from the beach.; Zoned Commercial High Intensity in the Tourist District, allowing for various development options.; Development potential for up to 200 hotel rooms or 74 townhome units.
More about this property
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