2150 Martin Luther King Jr Blvd Panama City, FL 32405

This exceptional 54.15-acre site presents a unique mixed-use redevelopment opportunity in the heart of Panama City, Florida. The property encompasses a substantial 600,000 square feet of vacant commercial space, ripe for revitalization following Hurricane Michael in 2018. This expansive footprint allows for a diverse range of development possibilities, including a large-scale commercial project, with ample space for retail establishments, restaurants, and entertainment venues. The significant acreage also offers the potential for the addition of residential components, such as apartments or a hotel, creating a vibrant and self-contained community. The availability of outparcels provides further flexibility for development and strategic partnerships. This is a rare chance to shape the future of a key location in Panama City, capitalizing on the significant demand for new commercial and residential spaces in a rapidly recovering market. The scale of this project offers substantial returns for a developer with a vision for a dynamic and thriving mixed-use development. The sheer size and potential of this property make it an unparalleled investment opportunity in a desirable Florida location. All 600,000 square feet is currently vacant, providing a blank canvas for a transformative project. The extensive acreage allows for ample parking and expansive landscaping, enhancing the overall appeal and functionality of the development.