8700 Tower RdPanama City, FL 32404

Property Details for 8700 Tower Rd

Lot size

19.17 AC

Property type

Land

Description

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

Location Insight

City

Panama City

County

Bay

State

Florida

Latitude

30.3065

Longitude

-85.4759

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