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3.86 acres in Bay County, Florida

5501 GULF Drive, Panama City Beach , Florida 32408 - Bay County
$13,595,000 3.86 Acres
Property ID 2695493


REDUCED PRICE! Beautiful property running from Thomas Dr. to the Gulf. Zoned SR-2 which allows for 230' high structure. Ideal spot for luxury hotel or high-rise condo development. Near Capt. Anderson's and well-known local restaurants, 4 marinas, golf courses, amusement parks and shopping without the traffic and noise. Also near Navy base and St. Andrews State Park.


From Thomas Drive, south on Biltmore Drive, east on Gulf Drive, property on both sides of the street. It also fronts on Thomas Dr., including the Monterey Motel on the east and extending west to Biltmore.

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