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PRIME 13.82+/- ACRE DEVELOPMENT/REDEVELOPMENT OPPORTUNITY on Panama City Beach Parkway/U.S. Hwy 98 with approximately 830+/- FT of frontage and +/-50,000 vehicles per day. Three contiguous parcels currently zoned PUD - Planned Unit Development with Mixed Use Future Land Use. City water and sewer available/serving the site. Existing PUD provides an opportunity to evaluate a coordinated mixed-use development incorporating commercial and residential components, subject to City approval. Purchaser may also evaluate a more commercially oriented redevelopment and potential rezoning to Commercial Medium Intensity (CM) or Commercial High Intensity (CH), subject to applicable approvals. Currently operated as Pine Glen RV Park but offered primarily for its underlying land and redevelopment potential. Offered at $8,200,000. Buyer to verify zoning, traffic counts, utilities, access and development potential.
Features
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