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Exit Realty American

19715 Panama City Beach Parkway
Panama City Beach, FL 32413

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Property Description

What a jewel in ... the rough. This 5 acre parcel is sitting at the NE corner of the only intersection on Panama City Beach Pkwy that is currently approved for a new traffic light. The extension of Clara Ave North is splitting an 8 acre parcel and creating 2 corners. All wetlands mitigation has been done and property is currently permitted for a 4 story 508,500 sf building. Once the light is in, permitting authorities have said that building could go 6 stories, dramatically increasing square footage. Drawings and site plan are available by clicking on first photo. Once this intersection is opened up, there are 4 planned subdivions just to the north, all of them upscale. Located only 2 miles from the new Pier Park, this corner is ideal for many different possibilities. Anyone driving by can see the high traffic count and great potential that this area has. The adjacent corner is 2 acres and also available. Please see MLS# 385450. All information is deemed reliable. Please verify. MLS# 385457.

Property Features

• Market Status Available
• Property Type Single Family Home
• Architecture Farm
• Approx. Lot Size 5 Acres
• Location

  MLS Area: 03

• Lot Features

  Sewer Utilities: Public Sewer

  Water Utilities: Public Water Supply