367 Azalea Drive, Panama City Beach, FL 32413 (MLS# 722099)

367 Azalea Drive, Panama City Beach, FL 32413

$775,125

Property Type: Commercial Land Lot Size (sq. ft.): 42,689 Status: Sold

Current Price: $775,125 List Date: 2/09/2022 Last Modified: 10/08/2024

Overview

Description

Nearly one acre of prime commercial land with 200′ of Panama City Beach Parkway frontage. Ideally situated less than five miles from Inlet Beach / 30A and five miles from Pier Park, the future development opportunities remain endless with an annual average daily traffic count of over 23,000. The median crossover adjacent from Azalea Drive provides easy access from both West-bound and East-bound traffic. The C-2 commercial zoning provides an array of permissible uses including retail centers up to 50,000 square feet, convenience stores, food service establishments, day care centers, mini warehouses, drug stores / pharmacies, and cannabis dispensing facilities with the proper approval.

Supplements: Inquire today and discover why Panama City Beach remains one of the fastest growing areas in the Emerald Coast.

Listing Details MLS# 722099

Location, Tax & Legal

Street #: 367
Street Name: Azalea Drive
State: FL
Zip Code: 32413
County: Bay
Area: 03 – Bay County – Beach
Subdivision: Gulf Vista
Parcel ID: 35305-000-000
Legal Description: CRESTVIEW HEIGHTS LOTS 11-17 INC BLK 1 ORB 556 P 275 ORB 3376 P 1814
Sub Area: 0324 – Beach – West Central
Community/Resort: Gulf Vista
Waterfront: No
Elementary School: West Bay
Middle School: Surfside
High School: Arnold
Directions: Approximately 3.5 miles west of Hwy. 79 on Panama City Beach Parkway (Hwy. 98) — property will be on your left. Approximately 2.4 miles east of Carillon Beach Resort on Panama City Beach Parkway (Hwy. 98) — property will be on your right.
HOA Fee: No

Contract Info

List Price/Acre: 811224.49
Sub-Type: Vacant Land
List Type: Exclusive Right of Sale

General Property Info

Acreage: 0.98
Lot Size (SqFt): 42689
Is Subject Leased: No

Status Change Info

Under Contract Date: 2022-02-28
Sold Date: 2022-03-07
Sold Price/Acre: 790943.88

Remarks & Misc

Remarks: Nearly one acre of prime commercial land with 200' of Panama City Beach Parkway frontage. Ideally situated less than five miles from Inlet Beach / 30A and five miles from Pier Park, the future development opportunities remain endless with an annual average daily traffic count of over 23,000. The median crossover adjacent from Azalea Drive provides easy access from both West-bound and East-bound traffic. The C-2 commercial zoning provides an array of permissible uses including retail centers up to 50,000 square feet, convenience stores, food service establishments, day care centers, mini warehouses, drug stores / pharmacies, and cannabis dispensing facilities with the proper approval.

Other Structures

None: Yes

More Information

Financing

Cash: Yes
Conventional: Yes

Lot Features

Wooded: Yes

Lot/Parcel Access

City Road: Yes
County Road: Yes
Paved Road: Yes

Present Zoning

Commercial: Yes

Utilities

None: Yes

TransportationAccess

4 – Lane: Yes
City Road: Yes
County Road: Yes
Divided Highway: Yes
Median Cut: Yes
Paved: Yes

Property Features

TransportationAccess: 4 – Lane; City Road; County Road; Divided Highway; Median Cut; Paved Financing: Cash; Conventional Lot Features: Wooded Other Structures: None Utilities: None Present Zoning: Commercial

Listing Office: Corcoran Reverie

Last Updated: October – 08 – 2024

Information deemed reliable but not guaranteed.