132 Arnold RdPanama City Beach, FL 32413

  • Commercial land
  • 0.34 AC
For Sale
$1,599,900 View listing

Property Details for 132 Arnold Rd

Lot size
0.34 AC
Zone code
PCB03
Property type
Commercial land
APN
32831-000-000
APU
32831000000

Description

This exceptional 53,579 square foot commercial land parcel presents a remarkable investment opportunity in Panama City Beach, Florida. Located in the desirable 79 corridor, this property boasts a prime location near the beach and a new hospital, offering unparalleled access to a thriving tourist and residential population. Zoned for commercial use, the possibilities are extensive, including hotels, restaurants, strip malls, medical facilities, offices, or warehouses. The site is conveniently situated with utilities already in place, and sewer access is readily available across the street or within 200 feet to the north. Adding to its versatility, the property extends from street to street, providing ample space and development potential. Currently, a house situated at the rear of the property generates rental income. This unique offering is actually a consolidation of six separate parcels, providing a significant and contiguous land holding. The asking price for this exceptional commercial property is $1,599,900. This is a rare opportunity to acquire a large, well-located commercial lot in a rapidly growing area. Don't miss out on this chance to build your next successful venture.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $3,141,114
    Hospitality
    $2,877,244
    Educational
    $2,393,833
    Medical
    $2,476,160
    Retail
    $3,723,740

Location Insight

City
Panama City Beach
County
Bay
State
Florida
Latitude
30.2325
Longitude
-85.8863
CBSA code
37460
CBSA name
PANAMA CITY-LYNN HAVEN, FL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$1,891
$180,000
-
$180,000
-
$180,000
-
$180,000

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