For Sale
$288,450

8700 Tower RdPanama City, FL 32404

Prime Panama City acreage, development potential.

Overview

Added:
Dec 11, 2024
Days on market:
114
This exceptional 19.17-acre property in Panama City, Florida, presents a unique investment opportunity. Located at 8700 Tower Rd, Bay County (zip code 32404), this land boasts five contiguous parcels, all zoned R-3, allowing for diverse development options. The main parcel, encompassing 9.2 acres, offers significant highway frontage on Highway 231 and includes a currently leased billboard generating $1,500 annual income. The remaining four parcels range in size from approximately 2.45 to 2.54 acres each, providing flexibility for various residential projects. Permitted uses include single-family homes, mobile homes, and duplexes, subject to Bay County approvals. The property's APN is 03834-040-000. All acreage measurements are approximate

Highlights

  • 19.17-acre development site in Panama City, FL (APN 03834-040-000).
  • Five contiguous parcels zoned R-3, offering diverse residential development potential.
  • Prime highway frontage on Highway 231 with a leased billboard generating $1,500 annual income.
  • Main parcel is 9.2 acres; remaining parcels range from 2.45 to 2.54 acres.
  • Permitted uses include single-family homes, mobile homes, and duplexes (subject to Bay County approvals).

Property Details for 8700 Tower Rd

Property type
Land
Lot Size (sq. ft)
835,045 SF

Location Insight

City
Panama City
County
Bay
State
Florida
Latitude
30.3064615
Longitude
-85.4758692
8700 Tower Rd, Panama City, Florida

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8700 Tower Rd
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