2300 23Rd St Panama City, FL 32405

This exceptional 6.24-acre commercial land parcel presents a remarkable investment opportunity in Panama City, Florida. Strategically located on the high-traffic 23rd Street corridor, this property boasts 300 feet of frontage on W 23rd Street and 180 feet on Frankford Avenue, benefiting from an estimated 24,000 vehicles daily. Its proximity to key landmarks is a significant advantage: 3.4 miles to Panama City Beach, 2.2 miles to a major medical center, 4 miles to the City Marina and Downtown, 2.3 miles to St. Andrews Marina, and 1.9 miles to Gulf Coast College and Florida State University Panama City Campus. The site's location near established businesses like Sam's Club and Bill Cramer Chevrolet, Buick, GMC further enhances its appeal. While a portion is currently zoned residential (Bay County), annexation to the city of Panama City is possible. All utilities are readily available. The asking price for this prime development site is $3,900,000. This presents a unique chance to capitalize on the rapidly growing Panama City-Bay County market.