3100 Airport Road, Panama City, FL 32405

$950,000
Property Type: Commercial Land Lot Size (sq. ft.): 189,878 Status: Sold
Current Price: $1,100,000 List Date: 9/19/2024 Last Modified: 9/25/2025

Description

APPROVED 50 UNIT TOWNHOME DEVELOPMENT ORDER AND ENGINEERING IN PLACE!!! Discover Embrie Townhomes, an exciting future townhome development in Panama City, Florida right outside of Sweetbay. This development will have 50 three-bedroom, two-and-a-half-bathroom townhomes with garages and will be nestled on 4.369 acres of prime real estate. With an exceptional price point of $1.1 million, this development presents a compelling investment opportunity. Unit comparables are currently at $379K per unit. Embrie Townhomes will boast a prime location with multiple entrances, ensuring easy access and eliminating the need for road maintenance from FDOT. Additionally, a lift station conveniently located across the street from the proposed development provides enhanced convenience and infrastructure. The property already includes a home that can be utilized as a sales office, streamlining the sales process. Each townhome within Embrie Townhomes will offer approximately 1,300 square feet of living space, perfectly designed to strike a balance between comfort and luxury for residents. SweetBay’s marina will allow you to take full advantage of the Bay and Intercostal waterway to the Gulf. Phase 1 of the 40-acre marina district will feature a 2-acre wet basin and 56,000 square foot dry storage boat barn and will serve as the only marina on North Bay. Civils for Embie Townhomes were skillfully planned and executed by McNeil Carroll, guaranteeing top-notch construction and development. The property is currently zoned as MU3 (mixed use 3) with county approval for 50 townhomes, providing a solid foundation for the project’s success. Embrie Townhomes benefit from their proximity to the future marketplace of Sweet Bay, offering a vibrant retail, dining, and entertainment scene within walking distance. Enjoy convenient access to the pristine bay, perfect for water sports and scenic walks along the shore. Embrie also provides easy access to the thriving city of Panama City, renowned for its amazing bays leading to the Gulf, exceptional dining options, convenient shopping, and a newly revitalized downtown area. Don’t miss out on this exceptional future townhome development. Embrace the anticipation of the coastal lifestyle offered by Embrie Townhomes, where luxury and convenience merge in Panama City, Florida. With its attractive pricing, significant valuation potential, prime location near Panama City, Panama City Beach and 30A, as well as reputable engineers overseeing the project, this development promises substantial returns. Secure this prestigious community and seize the potential for a prosperous future.

More Information MLS# 741690

Contract Info

List Price/Acre: 252293.58 List Type: Exclusive Right of Sale List Date: 2023-05-19 List Price: $1,100,000 Current Price: $950,000 Sub-Type: Unimproved Commercial

Location, Tax & Legal

Sub Area: 0204 – Bay – Central NW Community/Resort: None Waterfront: No Elementary School: Northside Middle School: Jinks High School: Bay Directions: Drive from FL-390 W turn right on Airport Rd to property on the left. There is a driveway to the right that you can travel up or you can take 31st Court on the right to access the acreage. HOA Fee: No Street #: 3100 Street Name: Airport Street Suffix: Road State: FL Zip Code: 32405 County: Bay Area: 02 – Bay County – Central Subdivision: No Named Subdivision Parcel ID: 13036-000-000 Legal Description: 30 3S 14W -7- 91B1 ST A B DEV CO PLAT LOT 6 LESS S 150′ & LESS R/W ***AND*** 19 3S 14W -5- 90C S1/2 OF S1/2 OF SW1/4 OF SE1/4 OF SW1/4 LESS R/W ORB 4596 P 622

General Property Info

Acreage: 4.36 Lot Size (SqFt): 189878 Is Subject Leased: No

Remarks & Misc

Remarks: APPROVED 50 UNIT TOWNHOME DEVELOPMENT ORDER AND ENGINEERING IN PLACE!!! Discover Embrie Townhomes, an exciting future townhome development in Panama City, Florida right outside of Sweetbay. This development will have 50 three-bedroom, two-and-a-half-bathroom townhomes with garages and will be nestled on 4.369 acres of prime real estate. With an exceptional price point of $1.1 million, this development presents a compelling investment opportunity. Unit comparables are currently at $379K per unit. Embrie Townhomes will boast a prime location with multiple entrances, ensuring easy access and eliminating the need for road maintenance from FDOT. Additionally, a lift station conveniently located across the street from the proposed development provides enhanced convenience and infrastructure. The property already includes a home that can be utilized as a sales office, streamlining the sales process. Each townhome within Embrie Townhomes will offer approximately 1,300 square feet of living space, perfectly designed to strike a balance between comfort and luxury for residents. SweetBay’s marina will allow you to take full advantage of the Bay and Intercostal waterway to the Gulf. Phase 1 of the 40-acre marina district will feature a 2-acre wet basin and 56,000 square foot dry storage boat barn and will serve as the only marina on North Bay. Civils for Embie Townhomes were skillfully planned and executed by McNeil Carroll, guaranteeing top-notch construction and development. The property is currently zoned as MU3 (mixed use 3) with county approval for 50 townhomes, providing a solid foundation for the project’s success. Embrie Townhomes benefit from their proximity to the future marketplace of Sweet Bay, offering a vibrant retail, dining, and entertainment scene within walking distance. Enjoy convenient access to the pristine bay, perfect for water sports and scenic walks along the shore. Embrie also provides easy access to the thriving city of Panama City, renowned for its amazing bays leading to the Gulf, exceptional dining options, convenient shopping, and a newly revitalized downtown area. Don’t miss out on this exceptional future townhome development. Embrace the anticipation of the coastal lifestyle offered by Embrie Townhomes, where luxury and convenience merge in Panama City, Florida. With its attractive pricing, significant valuation potential, prime location near Panama City, Panama City Beach and 30A, as well as reputable engineers overseeing the project, this development promises substantial returns. Secure this prestigious community and seize the potential for a prosperous future.

Status Change Info

Sold Price/Acre: 217889.91 Status: Sold Under Contract Date: 2024-12-06 Sold Date: 2025-02-19 Sold Price: $950,000

Other Structures

Residence: 1 Workshop: 1

Lot Features

Site Plan: 1 Within 1/2 Mile to Water: 1

Lot/Parcel Access

Paved Road: 1

Present Zoning

Commercial: 1 Multi-Family: 1 Resid Multi-Family: 1 Resid Single Family: 1

Utilities

Lift Station: 1 Water Available: 1

TransportationAccess

2 – Lane: 1 Paved: 1

Property Features

TransportationAccess: 2 – Lane; Paved Lot Features: Site Plan; Within 1/2 Mile to Water Other Structures: Residence; Workshop Utilities: Lift Station; Water Available Present Zoning: Commercial; Multi-Family; Resid Multi-Family; Resid Single Family
Listing Office: Beach House Sales and Development
Last Updated: September – 25 – 2025
Information deemed reliable but not guaranteed.