SITE: This outstanding development opportunity encompasses 3.81 acres with approximately 780 feet of waterfront on a well-protected Massalina Bayou. OPPORTUNITY: Site engineering and preliminary approvals have been completed for two 24 unit condominium buildings with 25 wet slips plus a 24 slip marina project. LOCATION: This site is located at the foot of the Beach Drive bridge close to the Cove area of Panama City and downtown Panama City. TIMING: As the City of Panama City considers marina redevelopment options local property owners and developers will work to identify ways to leverage the anticipated growth with new development opportunities. This may be the optimum time to develop a condominium project in the area.