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

If you are looking for an opportunity to take advantage of the unparalleled development occurring around Latitude Margaritaville, one of the top master-planned communities in the US, then you've found it. When it comes to real estate, it's often said that the three most important factors to consider when buying real estate are Location, Location and Location. And this parcel certainly meets all three of those factors. Located less than 1/4-mile north of the main entrance to Latitude Margaritaville, 1/2-mile from a new 50,000sf Publix anchored shopping center scheduled to open early spring 2026, 3-miles to the entrance of Northwest Florida Beaches Int'l Airport, 4-miles from the new FSU Health 100-bed acute care hospital scheduled to open in 2028, and 6-miles from the beautiful beach of Panama City Beach, this 2.7 acre parcel offers strategic location. It also has a recently expired development order for 16,800sf of mixed-use commercial space spread across 3 building the component for which are already on site and included in the sale of the land. If the specs of the DO match what you want on the site, the Seller may consider going thru the process of getting the DO reissued. DO available on request.Lattitude Margaritaville is a critical part of the Bay-Walton Sector Plan, a massive land use plan that will guide the next 50 years of growth and development for the Florida panhandle. The sprawling Bay-Walton Sector Plan is spread across 150,000 acres connecting Walton and Bay Counties and when complete, will include up to 170,000 residential units and over 60,000,000sf of commercial and institutional space.