5312 Highway 22 Panama City, FL 32404

This exceptional 187,308 square foot parcel, located at 5312 E Highway 22 in Panama City, Florida (zip code 32404), presents a unique investment opportunity. Currently zoned for mixed-use development, the property boasts a comprehensive development order and all necessary permits for the creation of 21 individual lots, each spanning approximately 8,919 square feet. The expansive lot size offers significant flexibility for a variety of development projects. Furthermore, the zoning allows for the construction of a hotel or motel as a conditional use, opening up additional avenues for potential investors. This prime location in Bay County offers easy access to major transportation routes and is situated within a thriving community. The property consists of five separate parcels, identified by the following Parcel IDs: 24467-000-000, 24466-000-000, 24465-000-000, 24464-000-000, and 24463-000-000. Offered at $749,000, this property represents a compelling opportunity to capitalize on the growing demand for commercial and hospitality development in Panama City. The existing permits significantly reduce development timelines and associated costs, making this a truly turnkey investment. Don't miss this chance to acquire a substantial piece of prime Florida real estate with significant upside potential.