9430 Highway 79, Panama City Beach, FL 32413

$1,600,000
Property Type: Commercial Land Lot Size (sq. ft.): 140,350 Status: Sold
Current Price: $1,600,000 List Date: 2/28/2025 Last Modified: 11/19/2025

Overview

Description

This prime location is already zoned commercial and is just north of Margaritaville on the east side. It consists of 2 properties that total approximately 3.222 (+/-) acres and is flat and mostly all cleared. It has approximately 370 frontage on Hwy 79, and on the south end there is a median cut for easy access for those traveling south. The 9430 Hwy 79 property is zoned C-2 while the 9504 Hwy 79 property is zoned Village Commercial. From the traffic light entrance to Latitudes by Margaritaville, a popular senior living community that has already closed out 1,000 new homes, and it is visible from the subject property. Current Latitudes residents have to drive all the way to the beach to enjoy dining, shopping, entertainment or other business. Whatever is on the subject property would be so convenient for local residents as well as drivers passing by going to and from the beach, which is about 7 miles to the south. Meanwhile, last week Publix announced it will build a new Publix Super M

Listing Details MLS# 769506

Location, Tax & Legal

Street #
9430
Street Name
Highway 79
State
FL
Zip Code
32413
County
Bay
Area
04 – Bay County – North
Subdivision
[No Recorded Subdiv]
Parcel ID
32501-010-000
Legal Description
16 2S 16W -10.1- 34 BEG AT NE COR OF NW 1/4 OF NW 1/4 OF SEC TH W 388' S 203' E 388' N 200' TO POB LESS R/W ORB 1935 P 867 (SUB TO ESMT ORB 3702 P 869) 2nd property Parcel ID 32473-020-000 9/16 2S 16W -30.1- 33C BEG SE COR SW1/4 OF SW1/4 TH N ALG E LI 160.50' W 516.68' M/L TO E RW SR 79 SLY ALG RW 163.08' M/L E 388' M/L TO 1/4 SEC LI TO POB ORB 2916 P 1035 ORB 4070 P 1848
Sub Area
0411 – Bay North – West Bay
Community/Resort
None
Waterfront
No
Elementary School
West Bay
Middle School
Surfside
High School
Arnold
Directions
From Panama City Beach, go north on Hwy 79 past Latitudes at Margaritaville about three-tenths of a mile and the properties will be on the right.
HOA Fee
No

Contract Info

List Price/Acre
535714.29
Sub-Type
Land/Acres
List Type
Exclusive Right of Sale
Named Exception
No

General Property Info

Site Dimensions
Approximately 370 frontage, by 480 x 420 x 310
Acreage
3.22
Lot Size (SqFt)
140350
Is Subject Leased
Yes

Status Change Info

Under Contract Date
2025-07-18
Sold Date
2025-11-18
Sold Price/Acre
496894.41

Remarks & Misc

Remarks
This prime location is already zoned commercial and is just north of Margaritaville on the east side. It consists of 2 properties that total approximately 3.222 (+/-) acres and is flat and mostly all cleared. It has approximately 370 frontage on Hwy 79, and on the south end there is a median cut for easy access for those traveling south. The 9430 Hwy 79 property is zoned C-2 while the 9504 Hwy 79 property is zoned Village Commercial. From the traffic light entrance to Latitudes by Margaritaville, a popular senior living community that has already closed out 1,000 new homes, and it is visible from the subject property. Current Latitudes residents have to drive all the way to the beach to enjoy dining, shopping, entertainment or other business. Whatever is on the subject property would be so convenient for local residents as well as drivers passing by going to and from the beach, which is about 7 miles to the south. Meanwhile, last week Publix announced it will build a new Publix Super Market at Watersound West Bay Center with additional leasable commercial space which is less than a half-mile away from this property. Also, the undeveloped acreage behind the subjects parcels is owned by St. Joe Timberland Company. (See more data in 'Documents') Information on size taken from Bay County records. Buyers are encouraged to get a survey.

Existing Leases

Month To Month
Yes

More Information

Other Structures

Garage(s)
Yes
Mobile Home
Yes
Workshop
Yes

Financing

Cash
Yes
Conventional
Yes

Lot Features

Cleared
Yes
Level
Yes

Lot/Parcel Access

Paved Road
Yes
State Highway
Yes

Present Zoning

Commercial
Yes

Utilities

Electricity – Connected
Yes
Private Well
Yes
Septic Tank
Yes

Sale Type

As Is
Yes

TransportationAccess

4 – Lane
Yes
Divided Highway
Yes
Median Cut
Yes
Paved
Yes
State Road
Yes

Property Features

TransportationAccess: 4 – Lane; Divided Highway; Median Cut; Paved; State Road Existing Leases: Month To Month Financing: Cash; Conventional Lot Features: Cleared; Level Other Structures: Garage(s); Mobile Home; Workshop Sale Type: As Is Utilities: Electricity – Connected; Private Well; Septic Tank Present Zoning: Commercial
Listing Office: Counts Real Estate Group
Last Updated: November – 19 – 2025
Information deemed reliable but not guaranteed.