Here is a unique opportunity to acquire BeachScape, a premium Gulf front condo development site located in Panama City Beach, Florida. The site is engineered and permitted for a residential condominium tower with a total of 187 units all featuring direct beach and Gulf frontage. The site includes full entitlements and existing infrastructure. The previous owner/developer invested $11,000,000 in foundation, support pilings, utilities to the site, ground level plumbing, and engineering costs. The 2.8 acre site includes 1.65+/- acres on the beach side of Front Beach Road (U.S. Highway 98) for the condominium tower and amenities, plus 1.16+/- acres north of Front Beach Road perfect for a parking garage with elevated walkway leading to the condominiums.
PROPERTY IS LOCATED ON THE WEST SIDE OF PCB APPROX. 2 MILES WEST OF HWY 79, GULF FRONT PARCEL IS WEST OF SPLASH AND CELADON CONDOMINIUMS AND IS GATED, NORTH PARCEL IS ACROSS FRONT BEACH RD., BETWEEN SEAKOVE AND DEERMONT STREET
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