Mixed-Use Land for Sale in Panama City Beach, Florida
W Highway 388, Panama City Beach, FL 32413
Prime 4.22+/- acre commercial development site on W. Highway 388 in the heart of one of Florida's hottest markets, West Bay/Panama City Beach and home to Latitude Margaritaville, a mixed use development included in the 110,000+/- acre Bay-Walton Sector Plan. The site is strategically located just 1.5+/- miles south of the primary entrance to Latitude Margaritaville and 4+/- miles west of Northwest Florida Beaches International Airport. Convenient access just 700+/- feet east of the Highway 79 corridor and the West Bay Bridge, the gateway to Panama City Beach to the south, and Latitude Margaritaville to the north. Zoned General Commercial (C-3) in Unincorporated Bay County which allows for many commercial uses. Bay County public water and sewer are available along W. Highway 388. There currently is a 2,136+/- square foot home on the property built in 1975 which may or may not contribute value. This site with its current entitlements is ready for immediate commercial development.
Location
- Street address
- W Highway 388
- County
- Bay County
- Zip code
- 32413
- Elevation
- 10 feet
Directions
From Highway 79 northbound, turn right (east) onto W. Highway 388. Parcels are 500+/- feet down W. Highway 388 on the right (south side).
Property details
- Acreage
- 4.22 acres
- MLS #
- BCAR 755176
- Posted
Parcels
- 32604-000-000
Listing history
| Date | Event | Price | Change | Source |
|---|---|---|---|---|
| July 14, 2026 | New listing | $2,600,000 | — | BCAR |