1616 Allison Ave Ave Panama City Beach, FL 32407
Property profile & analytics
Location Intelligence
Current Use by Public Records
- Isalis / (Bike/Boat/Book/etc) Store
- Party City / Party Supply Store / (Bike/Boat/Book/etc) Store
- Skunk Funk / Big Box & Wholesale Store
- Carl's Trading Co / Hat Shop
- Bushka's Kitchen LLC / (Bike/Boat/Book/etc) Store
Property Details for 1616 Allison Ave Ave
- Property type
- Land
Description
This exceptional 342,817 square foot vacant land parcel presents a remarkable investment opportunity in Panama City Beach, Florida. Located at 1616 Allison Avenue, this expansive 7+ acre site boasts a highly desirable location near numerous attractions and shopping amenities, offering unparalleled convenience for future development. Its proximity to the Navy Base, within 3 miles, adds significant strategic value. Currently zoned R5-A Multi-Family Light, the property is poised for substantial development, with the Coastal Plan allowing for an estimated 127 units. This presents a unique chance to capitalize on the thriving Panama City Beach real estate market and create a significant residential project. The property's size and zoning make it ideal for a variety of multi-family developments, catering to the area's growing population and tourism sector. The asking price for this exceptional property is $3,000,000. All information should be verified independently by the buyer. This is a rare opportunity to acquire a large, well-located parcel in a booming coastal market. Don't miss out on this chance to build your next successful venture. The property is situated in Bay County, Florida, with a zip code of 32407. The coordinates are 30.1866515 latitude and -85.7884823 longitude.
Value Estimations
based on Realmo’s proprietary methodology
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Panama City Beach
- County
- Bay
- State
- Florida
- Longitude
- -85.7885
- Latitude
- 30.1867
