9531&9535 State Hwy, Panama City Beach, FL 32413

Property Description

Rare opportunity! Just under 5 acres in a PRIME LOCATION with +/- 330' of road frontage on paved 4-lane State Highway 79. Centrally located 10 minutes from Northwest Florida's International Airport, 10 minutes from the new TMH Medical Center & Urgent Care, and 10 minutes to the world's most beautiful beaches! No worries about not enough road access limiting your project. This is one of the very few parcels in this area that has this much road frontage and road access available! Within one minute/0.5 miles is the booming Latitude Margaritaville Watersound neighborhood, which currently has 2400 homes, with construction plans for an additional 1100+ in Phase One, and another 3500 homes planned for Phase Two. This sale includes 3 parcels. This area has been uniquely designated ''Village Center'' for a combined Bay-Walton County area, designed to accommodate mixed-use development featuring residential, small-scale commercial and retail. Encouraging gathering spaces, plazas, and parks, allowing for homes, businesses, offices, etc, all pedestrian-friendly, and walkable distances with connected sidewalks and shared public open spaces. This land is C1, C2 and C4 permitted, so there is flexibility for you to begin your dream project in this perfect live-work location! Utilities have been approved to run North of 388, and it's just a matter of time before this entire Village Center area explodes with stores, offices, homes and more! Already operating and continuously expanding just 10 minutes south of this property, is an 87-acre joint medical development by St. Joe, Tallahassee Memorial HealthCare, and FSU. Construction is projected to be completed in 2027. There is currently a 2019 four bedroom mobile home on the property, which would be perfect to use as an office during construction. Don't miss this opportunity! Call today for more information. *All information is approximate and should be verified by buyer if important.