22, 23, 24 Beach Drive, Panama City, FL 32408

$850,000
Property Type: Commercial Land Lot Size (sq. ft.): 17,250 Status: Active
Current Price: $850,000 List Date: 9/10/2026 Last Modified: 9/10/2026

Overview

Description

Prime Commercial Development Opportunity – Investors, Builders & Entrepreneurs Take Notice! An exceptional opportunity awaits on Beach Drive in the heart of Panama City Beach, just 900 feet from the Gulf of Mexico! This rare offering includes three combined lots totaling 150' x 115' (.40 acres)–ideally positioned for high-visibility development in a vibrant and rapidly growing area. Property Highlights: Zoned C-1 (Neighborhood Commercial) – Grandfathered-in status with broad development flexibility Development Order: Will be in place within a week to build five +/- 1800 sq ft homes Location: Surrounded by new construction homes, high-rise condos, restaurants, public beach access, and major attractions Not in a flood zone – despite being only steps from the beach! High visibility – Excellent for commercial, mixed-use, or multifamily development 📐 Zoning & Development Details: Zoning: C-1 Neighborhood Commercial Density: Up to 15 units per acre Max Building

Listing Details MLS# 795260

Location, Tax & Legal

Street #
22, 23, 24
Street Name
Beach
Street Suffix
Drive
State
FL
Zip Code
32408
County
Bay
Area
03 – Bay County – Beach
Subdivision
Holiday Beach Unit 10
Parcel ID
30766-050-000
Legal Description
Lot 22, 23, 24, Block R, Holiday Beach Unit No. 10, according to the Plat thereof, recorded in Plat Book 10,Page(s) 90, of the Public Records of Bay County, Florida.
Sub Area
0323 – Beach – South of Grand Lagoon
Block
R
Community/Resort
Holiday Beach
Waterfront
No
Elementary School
Patronis
Middle School
Surfside
High School
Arnold
Directions
Head east on Thomas Drive. When you get to Upas St. on the left, turn left and the lots start on the corner or UPAS and BEACH.
HOA Fee
No

Contract Info

List Price/Acre
2125000
Sub-Type
Residential Lots
List Type
Exclusive Right of Sale
Named Exception
No

General Property Info

Acreage
0.4
Lot Size (SqFt)
17250
Frontage Feet
150
Is Subject Leased
No

Remarks & Misc

Remarks
Prime Commercial Development Opportunity – Investors, Builders & Entrepreneurs Take Notice! An exceptional opportunity awaits on Beach Drive in the heart of Panama City Beach, just 900 feet from the Gulf of Mexico! This rare offering includes three combined lots totaling 150' x 115' (.40 acres)–ideally positioned for high-visibility development in a vibrant and rapidly growing area. Property Highlights: Zoned C-1 (Neighborhood Commercial) – Grandfathered-in status with broad development flexibility Development Order: Will be in place within a week to build five +/- 1800 sq ft homes Location: Surrounded by new construction homes, high-rise condos, restaurants, public beach access, and major attractions Not in a flood zone – despite being only steps from the beach! High visibility – Excellent for commercial, mixed-use, or multifamily development 📐 Zoning & Development Details: Zoning: C-1 Neighborhood Commercial Density: Up to 15 units per acre Max Building Height: 35 feet Impervious Surface Ratio: 60% Floor Area Ratio: 100% Setbacks: 20 ft front/rear, 5 ft sides Minimum Lot Frontage: 70 ft Why This Property? Development order saves you time and money – skip the delays and start building quickly Rare grandfathered-in property with flexible zoning High-demand area with both tourist traffic and residential growth Ideal for commercial retail, short-term rentals, townhomes, mixed-use, or multifamily units Whether you're planning to develop according to the existing development order, launch a dynamic new business, or secure a valuable asset in one of Florida's most coveted coastal markets, this property checks every box.

Financing

Cash
Yes
Conventional
Yes

More Information

Lot Features

Cleared
Yes
Corner Lot
Yes
Within 1/2 Mile to Water
Yes

Utilities

Sewer Available
Yes
Water Available
Yes

Waterview

Gulf
Yes

Sale Type

As Is
Yes

TransportationAccess

County Road
Yes

Property Features

TransportationAccess: County Road Financing: Cash; Conventional Lot Features: Cleared; Corner Lot; Within 1/2 Mile to Water Sale Type: As Is Utilities: Sewer Available; Water Available Waterview: Gulf
Listing Office: Own It Real Estate LLC
Last Updated: September – 10 – 2026
Information deemed reliable but not guaranteed.