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Commercial Land for Sale in Panama City Beach, Florida

Buchanan Rd, Panama City Beach, FL 32413

$675,000
2 acres
Active
$50k drop
Est $5,068/mo

Looking for the perfect commercial development site? Look no further! This jewel nestled beside the Buchanan Bridge in Westbay has a LOT to offer. Listing is total of 2 acres, consisting of 2 lots (.75 acre + 1.25 acre). 1.25 acre lot has FLU of West Bay Center which allows commercial development. .75 acre lot is residential, but surrounded on all sides by commercial, which significantly improves chances of upzoning with D.O. Excellent location for restaurant, bar, boat rentals, or variety of uses. Lot is accessible by paved road and additional public parking is very closeby under the Buchanan Bridge. This location is just a few hundred yards from Latitude Margaritaville, so you would have a built in customer base on your doorstep!

Location

Street address
Buchanan Rd
Elevation
3 feet
Coordinates
30.2961, -85.8543

Directions

From Hwy 79, North to Buchanan Bridge, first right, first right again towards water. Property is on corner of Old Hwy 79 and Buchanan Rd.

Property details

Acreage
2 acres
MLS #
BCAR 772427
Posted

Parcels

  • 32565-000-000

Legal description

Listing history

DateEventPriceChangeSource
Nov 18, 2025Price drop$675,000$50,000 -6.9%BCAR
July 31, 2025Price drop$725,000$23,000 -3.1%BCAR
Apr 23, 2025New listing$748,000BCAR
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This 2-acre property is located at Buchanan Rd in Panama City Beach, FL 32413. The property is available for sale for $675,000 with a price per acre of $337,500.

Checked 20 mins ago — Updated

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