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8501 Panama City Beach Pky
Panama City, FL 32407
Urban Blu · Land For Sale
·
1.35 AC
Investment Highlights
- High traffic visibility lots in approved PUD with 50,000+ 2022 Average Daily Traffic Count.
- Directly in front of TRU and STAYBRIDGE Hotels, 312 Unit Watermark Apartments, fronting Panama City Beach Parkway.
- Lot elevations raised above FEMA Flood Elevation standards.
- Cleared and build ready commercial-restaurants-retail lots. Up to 90% impervious development per lot and 145% floor area ratio.
- Prime location situation right off Highway 98 and Route 30.
- Cleared, build ready commercial lots with all utilities including natural gas.
Executive Summary
Lot 2 (1.357 acres) is a high visibility commercial/ retail / restaurant sites fronting Panama City Beach Parkway and the new TRU Hotel. Lot is part of approved PUD with all permits and is build ready. Lot has been raised above FEMA Flood Elevation. Impervious development up to 90% of total lot acreage square feet. Underground utilities to lot lines include water, sewer, electricity, gas and communications. ADT; 48,000+ Avg. Daily Traffic per FDOT. New Median Cut with turn lanes offering easy access. Architectural Controls and Shared Maintenance Agreement for protection of value. Off-site storm water retention.
Property Facts
| Sale Type | Investment | Property Subtype | Commercial |
| No. Lots | 1 | Proposed Use | |
| Property Type | Land | Total Lot Size | 1.35 AC |
| Zoning | PUD - Planned Unit Development | ||
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | |
| Total Lot Size | 1.35 AC |
| Zoning | PUD - Planned Unit Development |
1 Lot Available
Lot 2
| Price | $1,495,000 | Lot Size | 1.35 AC |
| Price Per AC | $1,107,407.41 |
| Price | $1,495,000 |
| Price Per AC | $1,107,407.41 |
| Lot Size | 1.35 AC |
Lot #2 is high visibility commercial lot. Tru hotel by Hilton (now open) and Staybridge hotel forthcoming. All utilities to lot line. Level, above FEMA Flood Elevation. Off-site storm water retention. Prime Restaurant use Site.
Description
Cleared and build ready commercial-retail-medical lots directly in front of new TRU (now open) and STAYBRIDGE forthcoming. Close to U.S. Naval Base, St. Joe Sports Complex, Florida State University, beaches and shopping. High traffic visibility lots in approved PUD with 50,000+ 2022 Average Daily Traffic Count. All utilities to lot lines. Lot elevations raised one foot above FEMA Flood Elevation marks. Off site storm water management.
Property Taxes
| Parcel Number | 27543-000-000 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $373,319 |
Property Taxes
Parcel Number
27543-000-000
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$373,319
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