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Residential Land for Sale in Panama City Beach, Florida

509 Palm Beach Dr, Panama City Beach, FL 32413

$155,000
0.12 acres
pending
Under contract

Discover the perfect canvas for your beach retreat on this 50' x 105' homesite at 509 Palm Beach Drive, ideally located on the desirable west end of Panama City Beach. Tucked into a quiet neighborhood yet just minutes from the Gulf, this property presents a rare opportunity: purchase the adjacent vacant lot as well to create a double homesite at a bundled price. With no HOA restrictions, public sewer available at the street, and plenty of space to design your ideal coastal residence, the options are wide open. Build your dream home, a vacation escape, or maximize income potential with a short-term rental. For builders, the ability to secure two side-by-side parcels offers the perfect chance to deliver multiple projects in a high-demand market. From this prime location, enjoy the best of both worlds, the serenity of Lake Powell and pristine Gulf beaches just blocks away, plus convenient access to 30A, Inlet Beach, Rosemary Beach, Pier Park, local dining, shopping, and entertainment. With land availability on the west end shrinking, opportunities like this don't come along often. Offered at $155,000 each or $300,000 for both lots together, an unbeatable value for such a versatile setup.

Location

Street address
509 Palm Beach Dr
Community
Inlet Beach Heights
Elevation
30 feet
Coordinates
30.2655, -85.97

Directions

From Hwy 98 turn north onto Palm Beach Drive. Vacant Lot is on the left.

Property details

Lot size
0.12 acres5,227 sq ft
Zoning
County, Resid Single Fami
MLS #
ECARMLS 984655
Posted

Property taxes

2024
$1,158 - INLET BEACH HEIGHTS MAP 6A1 LOT 478 ORB 4200 P 2208

Parcels

  • 36440-000-000

Legal description

Details and features

Listing

Type
Land
Franchise
Independent

Lot

Features
Addl Land Available, Survey Available, Wooded

Nearby schools

NameLevelDistrictDescription
West BayElementary
SurfsideMiddle
ArnoldHigh

Listing history

DateEventPriceChangeSource
Dec 7, 2025Under contract$155,000ECARMLS
Sept 4, 2025New listing$155,000ECARMLS
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This 0.12-acre property is located at 509 Palm Beach Dr in Panama City Beach, FL 32413. The property is pending sale.

Checked 1 hour ago — Updated

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