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9909/9905 Florida 79

Panama City Beach, FL 32413
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Acres1.78

Acres(Lot)

Prime opportunity in the rapidly expanding West Bay area of Panama City Beach. This commercial offering pairs two parcels right in the heart of several large St. Joe projects along Hwy 79 in Panama City Beach, with Latitude Margaritaville (3000+ homes) immediately behind this parcel, St. Joe ownership on the south side and across Hwy 79 as well. St. Joe is slated to begin another 2,000+ home gated development across the street in 2027 as part of the approved Pigeon Creek development. Offering 335' of road frontage on Hwy 79, which has a current AADT of 20,000, the property already offers an FDOT approved entrance with culvert and entry road access from 79. Completely cleared with two well houses, two septic systems, and two onsite power poles onsite, infrastructure is already in place for immediate construction or building placement. The property is zoned Village Center, which allows for various commercial uses as well as multi-family options. Buyer will also have the option to construct a warehouse facility, as the sellers went through the process to obtain a special use permit for a warehouse, which will travel with the land and zoning permanently. This is a great opportunity to buy and hold or to get started on retail, office space, or a multi-family development right away. Publix, a bank, a storage facility, and a nearly 17,000 sq ft office park have already been started just to the south. Numerous DOs issued for nearby parcels. A dedicated turn lane is already in place for Steel Field Road, making easy turnaround for customers just one parcel to the north.

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Detail Ic Property Details

Property Type : Land

Price : $695,000

AD Id : 91179058

MLS Id : 795294

Lot Size : 1.78 Acres(Lot)

County : Bay

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  • Lot Information

    Main Square Feet: 1.78 Lot Size Acres: 1.78 Lot Size Square Feet: 77,537

    Property Information

    Subdivision: [No Recorded Subdiv] Source Property Type: Land MLS Area Minor: 0411 - Bay North - West Bay Zoning Description: Multi-Family, Resid Multi-Family, Other - See Remarks, General Commercial Property SubType: Commercial

  • Listing Price Information

    Listing Price: $695000

  • Tax Information

    Parcel Number: 32446-000-000 & 32446-002-000 Tax Legal Desc: 9 2S 16W -5- S1/2 OF S1/2 OF SW1/4 OF NW1/4 LYING W OF HWY 79 LESS PCL-5.A ORB 4394 P 397 & 9 2S 16W -5.A- BEG AT SW COR OF NW1/4 N 150' E 242.98' TO W R/W HWY 79 S 122.53' SELY 29.68' TO S LINE OF NW1/4 W 269.48' TO POB ORB 4394 P 397

  • Location Information

    Direction: From Hwy 79 and Hwy 98, turn north towards ECP and I-10. After crossing over the intracoastal waterway, the parcel will be approximately 1.5 miles on your left, just before Steel Field Rd.
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Nearby Home Value

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ByOwner last updated this listing 09/12/2026 @ 08:04

MLS: 795294 LISTED BY: Richard Jabbour, Scenic Sotheby's International Realty 850-231-6052 SOURCE: CPAR

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