6925 Highway 22Panama City, FL 32404

Property Details for 6925 Highway 22

Year built

1970

Construction

MASONRY/CONCRETE MASONRY UNITS (CMUS)

Lot size

0.79 AC

Property size (Sq ft)

3,616 SF

Zone code

BC04

Property type

Land

Property subtype

Commercial land

APN

06449-000-000

APU

6449000000

Description

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.

• Alternative Use

  Use

  Valuation

  Residential

  $757,334

  Hospitality

  $693,714

  Educational

  $577,162

  Medical

  $597,012

  Retail

  $897,808

Location Insight

City

Panama City

County

Bay

State

Florida

Latitude

30.1533

Longitude

-85.5704

CBSA code

37460

CBSA name

PANAMA CITY-LYNN HAVEN, FL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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