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0.76 acres in Bay County, Florida

5501 GULF Drive, Panama City Beach , Florida 32408 - Bay County
$3,900,000 0.76 Acres
Property ID 2695492


REDUCED PRICE! RESIDENTIAL OR COMMERCIAL USE! ZONED SR-2. This is a vacant gulf front lot that has approximately 133' front feet on the Gulf and is 250' deep. This would make a great location for 1 or 2 large single-family homes or a resort development. The 2 lots to the east and the 2 to the west, which are on the market from different owners, could increase the Gulf Frontage to 350'. This assemblage of properties would represent a unique development and/or investment opportunity. This is one of the most sophisticated locations on the beach, one block off of Thomas Drive, just blocks from four marinas, Capt. Anderson's and other well-known local restaurants and St. Andrews State Park, Florida's most-visited park.


From Thomas Drive Go South on Biltmore Drive, go East on Gulf Drive (Left), Property on Right

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