6925 Highway 22Panama City, FL 32404

This exceptional 4.5-acre parcel, strategically located at the northwest corner of Highway 22 and Fox Avenue in Panama City, Florida (zip code 32404), presents a unique investment opportunity. Priced aggressively at $299,000 ($66,444 per acre), this property is ready for a swift transaction. The land is situated in unincorporated Bay County and comprises two parcels with distinct zoning designations. The Highway 22 parcels are zoned C-3, General Commercial, offering a wide range of development possibilities. The northern parcels are zoned R-5, Multi-Family, making them suitable for residential projects such as townhomes. A conceptual site plan for a 50-unit townhome development is available upon request. This versatile property is ideal for developers seeking to capitalize on its prime location and flexible zoning. The property's address is 6925 E. Highway 22, Panama City, FL. Its coordinates are 30.1532811 latitude and -85.5703692 longitude. This is a rare opportunity to acquire a substantial land holding in a high-growth area. Serious inquiries are encouraged to act quickly. The seller is motivated and prioritizing a fast closing.