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This 13.82 acre parcel is located directly on Panama City Beach Parkway with 6 acres of Hwy frontage prime for commercial development. Only 1 mile from the beach and 3 miles to Pier Park, this corridor is being set for commercial development with an Aldis anchored shopping plaza directly to the east of the property. The parcel is connected to city sewer and water and is currently being used as an existing RV Park that is bringing in positive cash flow. Great investment opportunity to have cash flow while waiting to develop the property. Panama City Beach Parkway is currently being expanded to 6 lanes which will provide ease of access to property when done.
Features
Amenities: Water Front
Legal Description: 26 3S 16W -9- 47B BEG AT NW COR OF NE1/4 OF NW1/4 TH E 660.63' S 316.36' W 120.43' SWLY 225' SELY 167.63' SWLY 310.06' TO NLY R/W HWY 98 NWLY 250.12' N 642.15' TO POB ORB 4480 P 322