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000 W. Highway 388, Panama City Beach, FL 32413

$2,600,000
Property Type: Commercial Land Lot Size (sq. ft.): 183,823 Status: Active
Current Price: $2,600,000 List Date: 4/03/2024 Last Modified: 8/21/2025

Description

Prime 4.22± acre commercial development site on W. Highway 388 in the heart of one of Florida's hottest markets, West Bay/Panama City Beach and home to Latitude Margaritaville, a mixed use development included in the 110,000± acre Bay-Walton Sector Plan. The site is strategically located just 1.5± miles south of the primary entrance to Latitude Margaritaville and 4± miles west of Northwest Florida Beaches International Airport. Convenient access just 700± feet east of the Highway 79 corridor and the West Bay Bridge, the gateway to Panama City Beach to the south, and Latitude Margaritaville to the north. Zoned General Commercial (C-3) in Unincorporated Bay County which allows for many commercial uses. Bay County public water and sewer are available along W. Highway 388. There currently is a 2,136± square foot home on the property built in 1975 which may or may not contribute value. This site with its current entitlements is ready for immediate commercial development.

More Information MLS# 755176

Contract Info

List Price/Acre: 616113.74 List Type: Exclusive Right of Sale List Date: 2024-04-03 List Price: $2,600,000 Current Price: $2,600,000 Sub-Type: Vacant Land

Location, Tax & Legal

Sub Area: 0411 - Bay North - West Bay Community/Resort: None Waterfront: No Elementary School: West Bay Middle School: Surfside High School: Arnold Directions: From Highway 79 northbound, turn right (east) onto W. Highway 388. Parcels are 500± feet down W. Highway 388 on the right (south side). HOA Fee: No Street #: 000 Street Name: W. Highway 388 State: FL Zip Code: 32413 County: Bay Area: 04 - Bay County - North Subdivision: [No Recorded Subdiv] Parcel ID: 32604-000-000 Legal Description: Long Legal

General Property Info

Acreage: 4.22 Lot Size (SqFt): 183823 Is Subject Leased: No

Remarks & Misc

Remarks: Prime 4.22± acre commercial development site on W. Highway 388 in the heart of one of Florida's hottest markets, West Bay/Panama City Beach and home to Latitude Margaritaville, a mixed use development included in the 110,000± acre Bay-Walton Sector Plan. The site is strategically located just 1.5± miles south of the primary entrance to Latitude Margaritaville and 4± miles west of Northwest Florida Beaches International Airport. Convenient access just 700± feet east of the Highway 79 corridor and the West Bay Bridge, the gateway to Panama City Beach to the south, and Latitude Margaritaville to the north. Zoned General Commercial (C-3) in Unincorporated Bay County which allows for many commercial uses. Bay County public water and sewer are available along W. Highway 388. There currently is a 2,136± square foot home on the property built in 1975 which may or may not contribute value. This site with its current entitlements is ready for immediate commercial development.

Utilities

All Utilities: 1

TransportationAccess

2 - Lane: 1

Status Change Info

Status: Active

Property Features

TransportationAccess: 2 - Lane Utilities: All Utilities
Listing Office: Counts Real Estate Group
Last Updated: August - 21 - 2025
Information deemed reliable but not guaranteed.