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9129 N Lagoon Drive, Panama City Beach, FL 32408

$6,500,000
Property Type: Commercial Land Lot Size (sq. ft.): 304,920 Status: Active
Current Price: $6,500,000 List Date: 9/05/2023 Last Modified: 12/28/2024

Description

7 Acres in the Heart of Panama City Beach located across from Signal Hill Golf Course. Prime location for a hotel, multifamily development or resort. Almost 900 feet along North Lagoon, you are less than 1500 feet to the beach. This property is located in the Tourist District and is zoned Commercial High Intensity. The property can be developed for up to 200 hotel rooms or 74 townhome units. Conceptual Renderings are available. Topo and Boundary Survey on File.

More Information MLS# 746124

Contract Info

List Price/Acre: 928571.43 List Type: Exclusive Right of Sale List Date: 2023-08-28 List Price: $6,500,000 Current Price: $6,500,000 Sub-Type: Unimproved Commercial

Location, Tax & Legal

Sub Area: 0319 - Beach - East Community/Resort: None Waterfront: No Elementary School: Breakfast Point Middle School: Breakfast Point High School: Arnold Directions: Front Beach south on Joan Ave. Take right onto North Lagoon Drive. HOA Fee: No Street #: 9129 Street Direction: N Street Name: Lagoon Street Suffix: Drive State: FL Zip Code: 32408 County: Bay Area: 03 - Bay County - Beach Subdivision: [No Recorded Subdiv] Parcel ID: 30185-005-000 Legal Description: 6 4S 15W -1.C1- COM AT INTERSECTION OF W LINE OF SEC & SLY R/W N LAGOON DR TH SELY 440.47' FOR POB TH CONT SELY 998.38' TO W LINE OF GOVT LOT 4 S 406' TO N EDGE OF GRAND LAGOON TH NWLY,SWLY & NWLY 1260' TO A PT SWLY FROM PT OF BEG TH NELY 238' TO POB LESS PRCL -1.C2- ORB 3609 P 2015

General Property Info

Site Dimensions: 885x440x1200x275 Acreage: 7 Lot Size (SqFt): 304920 Frontage Feet: 885 Is Subject Leased: No

Remarks & Misc

Remarks: 7 Acres in the Heart of Panama City Beach located across from Signal Hill Golf Course. Prime location for a hotel, multifamily development or resort. Almost 900 feet along North Lagoon, you are less than 1500 feet to the beach. This property is located in the Tourist District and is zoned Commercial High Intensity. The property can be developed for up to 200 hotel rooms or 74 townhome units. Conceptual Renderings are available. Topo and Boundary Survey on File.

Financing

Cash: 1 Construction Perm: 1 Conventional: 1

Lot Features

Within 1/2 Mile to Water: 1 Wooded: 1

Lot/Parcel Access

County Road: 1

Present Zoning

Commercial: 1 Multi-Family: 1 Resid Multi-Family: 1 Resort: 1

Utilities

Public Sewer - Connected: 1 Water Connected: 1

Sale Type

As Is: 1

TransportationAccess

2 - Lane: 1 County Road: 1

Status Change Info

Status: Active

Property Features

TransportationAccess: 2 - Lane; County Road Financing: Cash; Construction Perm; Conventional Lot Features: Within 1/2 Mile to Water; Wooded Sale Type: As Is Utilities: Public Sewer - Connected; Water Connected Present Zoning: Commercial; Multi-Family; Resid Multi-Family; Resort
Listing Office: Counts Real Estate Group Inc
Last Updated: December - 28 - 2024
Information deemed reliable but not guaranteed.