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Mixed-Use Land for Sale in Panama City Beach, Florida

1616 Allison Ave, Panama City Beach, FL 32407

$3,000,000
7.87 acres
Active
Est $22,526/mo

Over 7 acres on the East End of Panama City Beach is now available! 1616 Allison Avenue is conveniently located near lots of attractions and shopping. This property is also within 3 miles of the Navy Base. Current zoning is R5-A Multi Family Light which allows for roughly 127 units with the Coastal Plan in place. Contact your Realtor today and don't miss out on this opportunity! (Buyer to verify all information if important)

Location

Street address
1616 Allison Ave
Elevation
16 feet
Coordinates
30.1863, -85.7879

Directions

Head West from Hathaway bridge on Back Beach Rd., turn left on Allison Ave.and subject property will be on the right.

Property details

Acreage
7.87 acres
MLS #
BCAR 752862
Posted

Parcels

  • 27550-080-000

Legal description

Details and features

Listing

Type
Commercial Sale

Lot

Waterfront
Pond

Listing history

DateEventPriceChangeSource
Nov 13, 2024Relisted$3,000,000BCAR
Nov 6, 2024Listing removed$3,000,000Listing agent
Sept 18, 2024Back on market$3,000,000BCAR
Aug 1, 2024Under contract$3,000,000BCAR
Apr 4, 2024Back on market$3,000,000BCAR
Mar 15, 2024Under contract$3,000,000BCAR
Feb 16, 2024New listing$3,000,000BCAR
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This 7.87-acre property is located at 1616 Allison Ave in Panama City Beach, FL 32407. The property is available for sale for $3,000,000 with a price per acre of $381,194.

Checked 1 hour ago — Updated

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Copyright (C) 2025 Central Panhandle Association of REALTORS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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