1442 Park Ln Panama City, FL 32404

This exceptional 2.03-acre waterfront property in Panama City, Florida, presents a unique investment opportunity. Located within the prestigious East Parke waterfront subdivision, this land boasts 446 feet of deep-water shoreline on the Emerald Coast, offering breathtaking views of Doty's Cove and East Bay. The property includes Lot 4, featuring a 225-foot dock, providing convenient access to the Intracoastal Waterway, connecting to Port St. Joe, Apalachicola, and the Gulf of Mexico to the east, and Panama City, Panama City Beach, Destin, and the Gulf of Mexico to the west. The subdivision features six platted residential lots, ready for immediate development. Existing infrastructure includes brick paved driveways and parking areas, beautifully landscaped and irrigated grounds, underground utilities, and decorative streetlights. The property is zoned for multi-family residential use (Resid Multi-Family), offering flexibility for various development plans. The lot dimensions are irregular, and there are no HOA fees. APN is 07252-107-000. This prime location and exceptional amenities make this an unparalleled opportunity for discerning investors seeking a lucrative waterfront development project. The asking price is $795,000.