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9415 Hwy 79, Panama City Beach, FL 32413

$1,000,000
Property Type: Commercial for Sale Square Footage: 16,800 Lot Size (sq. ft.): 115,870 Status: Sold
Current Price: $1,575,000 List Date: 7/09/2025 Last Modified: 10/28/2025

Description

If you are looking for an opportunity to take advantage of the unparalleled development occurring around Latitude Margaritaville, one of the top master-planned communities in the US, then you've found it. When it comes to real estate, it's often said that the three most important factors to consider when buying real estate are Location, Location and Location. And this parcel certainly meets all three of those factors. Located less than 1/4-mile north of the main entrance to Latitude Margaritaville, 1/2-mile from a new 50,000sf Publix anchored shopping center scheduled to open early spring 2026, 3-miles to the entrance of Northwest Florida Beaches Int'l Airport, 4-miles from the new FSU Health 100-bed acute care hospital scheduled to open in 2028, and 6-miles from the beautiful beach of Panama City Beach, this 2.7 acre parcel offers strategic location. It also has a recently expired development order for 16,800sf of mixed-use commercial space spread across 3 building the component for which are already on site and included in the sale of the land. If the specs of the DO match what you want on the site, the Seller may consider going thru the process of getting the DO reissued. DO available on request. Lattitude Margaritaville is a critical part of the Bay-Walton Sector Plan, a massive land use plan that will guide the next 50 years of growth and development for the Florida panhandle. The sprawling Bay-Walton Sector Plan is spread across 150,000 acres connecting Walton and Bay Counties and when complete, will include up to 170,000 residential units and over 60,000,000sf of commercial and institutional space.

More Information MLS# 776014

Contract Info

List Price/SqFt: 93.75 List Date: 2025-07-09 List Price: $1,575,000 Current Price: $1,000,000 Sub-Type: Land

Location

Sub Area: 0411 - Bay North - West Bay Community/Resort: None Waterfront: No Elementary School: West Bay Middle School: Surfside High School: Arnold Directions: Property is roughly 1/2 mile north of the main entrance to Lattitude Margaritaville on the west side of 79. Fraley Provisions is almost directly across 79 on the east side of the hwy. Area: 04 - Bay County - North Street #: 9415 Street Name: Hwy 79 State: FL Zip Code: 32413 County: Bay Subdivision: [No Recorded Subdiv] Parcel ID: 32496-000-000 Legal Description: 16 2S 16W 2.7A M/L -5- 34 BEG 300' S OF NW COR E 789' TO SR#79 SLY 152.5' TO PT W TO SEC LINE N 150' TO POB LESS R/W ORB 4601 P 506

General Property Info

List Class: Lots/Land Acreage: 2.66 Construction Status: To Be Built SqFt Tot Bldg: 16800 Year Built: 2026

Listing Info, Tax and Legal

HOA Fee: No

Remarks & Misc

Remarks: If you are looking for an opportunity to take advantage of the unparalleled development occurring around Latitude Margaritaville, one of the top master-planned communities in the US, then you've found it. When it comes to real estate, it's often said that the three most important factors to consider when buying real estate are Location, Location and Location. And this parcel certainly meets all three of those factors. Located less than 1/4-mile north of the main entrance to Latitude Margaritaville, 1/2-mile from a new 50,000sf Publix anchored shopping center scheduled to open early spring 2026, 3-miles to the entrance of Northwest Florida Beaches Int'l Airport, 4-miles from the new FSU Health 100-bed acute care hospital scheduled to open in 2028, and 6-miles from the beautiful beach of Panama City Beach, this 2.7 acre parcel offers strategic location. It also has a recently expired development order for 16,800sf of mixed-use commercial space spread across 3 building the component for which are already on site and included in the sale of the land. If the specs of the DO match what you want on the site, the Seller may consider going thru the process of getting the DO reissued. DO available on request. Lattitude Margaritaville is a critical part of the Bay-Walton Sector Plan, a massive land use plan that will guide the next 50 years of growth and development for the Florida panhandle. The sprawling Bay-Walton Sector Plan is spread across 150,000 acres connecting Walton and Bay Counties and when complete, will include up to 170,000 residential units and over 60,000,000sf of commercial and institutional space.

Status Change Info

Sold Price/SqFt: 59.52 Sold Price/Acre: 375939.85 Status: Sold Under Contract Date: 2025-08-21 Sold Date: 2025-10-24 Sold Price: $1,000,000

Present Zoning

Commercial: 1

Sale Type

As Is: 1

Floors in Unit/Home

Multi/Split: 1

Land

Property Type: Commercial

Offering Type

Sale Only: 1

Pricing Type

Sale Price: 1

Property Features

Offering Type: Sale Only Pricing Type: Sale Price Present Zoning: Commercial Sale Type: As Is
Listing Office: Beachy Beach Real Estate
Last Updated: October - 28 - 2025
Information deemed reliable but not guaranteed.