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22000-22050 Panama City Beach Pky - Shovel-Ready Commercial Land 2 Acres of Commercial Land Offered at $3,386,906 CAD in Panama City Beach, FL 32413
Investment Highlights
- 2 acres of shovel-ready commercial corner land with over 600 feet of frontage along US Hwy 98, providing exceptional exposure to more than 35,000 VPD.
- Ideally located near the convergence of Panama City Beach Parkway and State Road 30A, offering convenient access for residents and tourists.
- Dry, elevated, and level lot with attractive C-3 zoning, allowing for flexible development without the need for special improvements or rezoning.
- Rapidly growing region with a projected 14.2% population increase by 2029, supporting strong demand for commercial and hospitality uses.
Executive Summary
Key connectors linking Panama City Beach Parkway/US Highway 98 and State Road 30A, 3 miles away, position the property within a dynamic trade area characterized by accelerating population and income growth. Economic forecasts indicate a 14.2% increase in the nearby population between 2024 and 2029, supported by a median household income of over $78,000 within a 3-mile radius. These conditions strengthen demand for retail, service providers, medical practices, professional offices, and hospitality concepts.
Surrounding amenities further enhance development potential. Nearby national retailers, banking services, golf activities, Watersound Club, Carillon Beach, and established lodging corridors contribute steady local and visitor traffic. Such synergy supports the inclusion of restaurants, automotive services, boutique hospitality, neighborhood shopping centers, or mixed-use commercial plans tailored to residents and the thriving tourism economy.
A prime Bay County location, strong market fundamentals, and long-term regional growth trends signal enduring demand and the potential for meaningful appreciation in a well-planned commercial development. Reach out today to explore this high-impact development opportunity and take the next step toward a strategic investment in one of Florida’s strongest growth corridors.
Matterport 3D Tour
Property Facts
| Price | $3,386,906 CAD | Property Subtype | Commercial |
| Sale Type | Investment or Owner User | Proposed Use | |
| No. Lots | 1 | Total Lot Size | 2.00 AC |
| Property Type | Land | ||
| Zoning | C-3 - Commercial | ||
| Price | $3,386,906 CAD |
| Sale Type | Investment or Owner User |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | |
| Total Lot Size | 2.00 AC |
| Zoning | C-3 - Commercial |
1 Lot Available
Lot
| Price | $3,386,906 CAD | Lot Size | 2.00 AC |
| Price Per AC | $1,693,452.89 CAD |
| Price | $3,386,906 CAD |
| Price Per AC | $1,693,452.89 CAD |
| Lot Size | 2.00 AC |
Prime 2-acre corner lot with excellent US Hwy 98 visibility and a high daily traffic count of approximately 30,000 vehicles. Located in the rapidly growing area of Panama City Beach with seamless access to SR-30A, shovel-ready for new development.
Description
Exceptional development opportunity on one of the most active and visible corridors in Panama City Beach. This high, dry, and clean parcel has no known water or drainage issues and is positioned at the strong end of the bridge, capturing consistent traffic flow and daily activity. The site benefits from approximately 35,000 vehicles per day, offering outstanding exposure for a wide range of commercial uses. Surrounding development is well established and continuing to grow, with new construction and active projects built all around the property. Located less than three miles from the Gulf of Mexico and directly across from the beach market area, the property sits at a strategic gateway into Panama City Beach. Its placement within Bay County provides a meaningful advantage, including favorable jurisdictional considerations compared to neighboring areas. With strong traffic counts, excellent visibility, and a rapidly developing trade area, this site is well suited for retail, service, hospitality, or mixed-use concepts seeking maximum exposure in a high-growth coastal market.
Nearby Amenities
Restaurants |
|||
|---|---|---|---|
| Live Gulf Coast | - | - | 3 min walk |
| Bubba's Pizza | Pizza | - | 6 min walk |
| Squidlys Seafood | Seafood | $$$$ | 6 min walk |
| Sunnyside Grill | Grill | $$ | 14 min walk |
| Waffle House | - | - | 15 min walk |
| Dunkin' | Cafe | - | 15 min walk |
Retail |
||
|---|---|---|
| Dollar General | Dollar/Variety/Thrift | 2 min walk |
| Winn-Dixie | Supermarket | 17 min walk |
| Wells Fargo | Bank | 17 min walk |
| CVS Pharmacy | Drug Store | 17 min walk |
| Publix | Supermarket | 18 min walk |
| Great Clips | Salon/Barber/Spa | 18 min walk |
Hotels |
|
|---|---|
| Candlewood Suites |
84 rooms
9 min drive
|
| Hampton by Hilton |
182 rooms
13 min drive
|
| Embassy Suites by Hilton |
255 rooms
12 min drive
|
| Hyatt Place |
224 rooms
12 min drive
|
| Margaritaville |
111 rooms
15 min drive
|
Property Taxes
| Parcel Numbers | Improvements Assessment | $0 CAD | |
| Land Assessment | $1,530,748 CAD | Total Assessment | $4,388,318 CAD |
Property Taxes
Presented by
The Bruner Law Firm
22000-22050 Panama City Beach Pky - Shovel-Ready Commercial Land
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