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.