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9430 Highway 79, Panama City Beach, FL 32413

$1,600,000
Property Type: Commercial Land Lot Size (sq. ft.): 140,350 Status: Sold
Current Price: $1,725,000 List Date: 2/28/2025 Last Modified: 11/19/2025

Description

This prime location is already zoned commercial and is just north of Margaritaville on the east side. It consists of 2 properties that total approximately 3.222 (+/-) acres and is flat and mostly all cleared. It has approximately 370 frontage on Hwy 79, and on the south end there is a median cut for easy access for those traveling south. The 9430 Hwy 79 property is zoned C-2 while the 9504 Hwy 79 property is zoned Village Commercial. From the traffic light entrance to Latitudes by Margaritaville, a popular senior living community that has already closed out 1,000 new homes, and it is visible from the subject property. Current Latitudes residents have to drive all the way to the beach to enjoy dining, shopping, entertainment or other business. Whatever is on the subject property would be so convenient for local residents as well as drivers passing by going to and from the beach, which is about 7 miles to the south. Meanwhile, last week Publix announced it will build a new Publix Super Market at Watersound West Bay Center with additional leasable commercial space which is less than a half-mile away from this property. Also, the undeveloped acreage behind the subjects parcels is owned by St. Joe Timberland Company. (See more data in 'Documents') Information on size taken from Bay County records. Buyers are encouraged to get a survey.

More Information MLS# 769506

Contract Info

List Price/Acre: 535714.29 List Type: Exclusive Right of Sale Named Exception: No List Date: 2025-02-27 List Price: $1,725,000 Current Price: $1,600,000 Sub-Type: Land/Acres

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 Panama City Beach, go north on Hwy 79 past Latitudes at Margaritaville about three-tenths of a mile and the properties will be on the right. HOA Fee: No Street #: 9430 Street Name: Highway 79 State: FL Zip Code: 32413 County: Bay Area: 04 - Bay County - North Subdivision: [No Recorded Subdiv] Parcel ID: 32501-010-000 Legal Description: 16 2S 16W -10.1- 34 BEG AT NE COR OF NW 1/4 OF NW 1/4 OF SEC TH W 388' S 203' E 388' N 200' TO POB LESS R/W ORB 1935 P 867 (SUB TO ESMT ORB 3702 P 869) 2nd property Parcel ID 32473-020-000 9/16 2S 16W -30.1- 33C BEG SE COR SW1/4 OF SW1/4 TH N ALG E LI 160.50' W 516.68' M/L TO E RW SR 79 SLY ALG RW 163.08' M/L E 388' M/L TO 1/4 SEC LI TO POB ORB 2916 P 1035 ORB 4070 P 1848

General Property Info

Site Dimensions: Approximately 370 frontage, by 480 x 420 x 310 Acreage: 3.22 Lot Size (SqFt): 140350 Is Subject Leased: Yes

Remarks & Misc

Remarks: This prime location is already zoned commercial and is just north of Margaritaville on the east side. It consists of 2 properties that total approximately 3.222 (+/-) acres and is flat and mostly all cleared. It has approximately 370 frontage on Hwy 79, and on the south end there is a median cut for easy access for those traveling south. The 9430 Hwy 79 property is zoned C-2 while the 9504 Hwy 79 property is zoned Village Commercial. From the traffic light entrance to Latitudes by Margaritaville, a popular senior living community that has already closed out 1,000 new homes, and it is visible from the subject property. Current Latitudes residents have to drive all the way to the beach to enjoy dining, shopping, entertainment or other business. Whatever is on the subject property would be so convenient for local residents as well as drivers passing by going to and from the beach, which is about 7 miles to the south. Meanwhile, last week Publix announced it will build a new Publix Super Market at Watersound West Bay Center with additional leasable commercial space which is less than a half-mile away from this property. Also, the undeveloped acreage behind the subjects parcels is owned by St. Joe Timberland Company. (See more data in 'Documents') Information on size taken from Bay County records. Buyers are encouraged to get a survey.

Status Change Info

Sold Price/Acre: 496894.41 Status: Sold Under Contract Date: 2025-07-18 Sold Date: 2025-11-18 Sold Price: $1,600,000

Existing Leases

Month To Month: 1

Other Structures

Garage(s): 1 Mobile Home: 1 Workshop: 1

Financing

Cash: 1 Conventional: 1

Lot Features

Cleared: 1 Level: 1

Lot/Parcel Access

Paved Road: 1 State Highway: 1

Present Zoning

Commercial: 1

Utilities

Electricity - Connected: 1 Private Well: 1 Septic Tank: 1

Sale Type

As Is: 1

TransportationAccess

4 - Lane: 1 Divided Highway: 1 Median Cut: 1 Paved: 1 State Road: 1

Property Features

TransportationAccess: 4 - Lane; Divided Highway; Median Cut; Paved; State Road Existing Leases: Month To Month Financing: Cash; Conventional Lot Features: Cleared; Level Other Structures: Garage(s); Mobile Home; Workshop Sale Type: As Is Utilities: Electricity - Connected; Private Well; Septic Tank Present Zoning: Commercial
Listing Office: Counts Real Estate Group
Last Updated: November - 19 - 2025
Information deemed reliable but not guaranteed.