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22000-22050 Panama City Beach Pky - Shovel-Ready Commercial Land 2 Acres of Commercial Land Offered at $3,477,260 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 | $3,477,260 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 | $3,477,260 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 | $3,477,260 CAD | Lot Size | 2.00 AC |
| Price Per AC | $1,738,630.22 CAD |
| Price | $3,477,260 CAD |
| Price Per AC | $1,738,630.22 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 | $1,569,181 CAD | Total Assessment | $4,498,498 CAD |
Property Taxes
Sale Advisor
Sale Advisor
Vince Bruner, Owner
Vince Bruner graduated from Choctawhatchee High School in 1975, Florida State University in 1979, and the Cumberland School of Law at Samford University in 1984. He was active in athletics and academics in high school and college, where he received a scholarship for football at the University of Kentucky and later finished playing for Bobby Bowden at Florida State University.
Vince worked as an intern at the State Attorney’s office while attending Cumberland and worked full-time as an assistant state attorney at the start of his career. He entered the private practice of law in Fort Walton Beach as an associate with Smith, Grimsley, Remington & Kessler. In 1987, he was named city attorney for the City of Fort Walton Beach, and in 1988, he was named city attorney in the City of Valparaiso. He served as city attorney for the City of Fort Walton Beach for approximately two years and in Valparaiso for five years.
In 1988, he was elected to the Florida Senate, serving one four-year term in Senate District 3. His 9-county Senate district was one of the largest geographical districts in Florida, including nine counties: Bay, Okaloosa, Walton, Gulf, Washington, Calhoun, Franklin, Liberty, and Wakulla counties. He was chairman of the Senate Committee on Corrections and was voted by his peers as “Most Promising Freshman.” After just one term, he returned to full-time private law practice.
As a member of the Joint Select Committee of Senate and House members, which determined claims bills presented against the State of Florida or any of its political subdivisions, Vince developed a special interest in serious accidental injury cases. Since 1984, he has devoted his practice solely to work as a Plaintiff’s personal injury lawyer, dedicated to assisting people injured in accidents throughout the Florida panhandle. His education and experience in law and government and his familiarity with the places and people in the Florida panhandle have assisted him in effectively representing people injured by the careless acts of others.
He has maintained Personal injury attorney offices in Fort Walton Beach and Panama City since his Senate career. He remains dedicated to helping and assisting victims of accidental injuries and the neglect of others.
Vince has four children: Drew, Vincent, Peggy, and Jack.
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22000-22050 Panama City Beach Pky - Shovel-Ready Commercial Land
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