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9931 Highway 79, Panama City Beach, FL 32413 (MLS# 746592)

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9931 Highway 79, Panama City Beach, FL 32413

$1,750,000
Property Type: Commercial for Sale Square Footage: 4,764 Lot Size (sq. ft.): 52,272 Status: Active
Current Price: $1,750,000 List Date: 3/12/2024 Last Modified: 4/16/2024

Description

Introducing 9931 Hwy 79, a PRIME CORNER location offering a rare opportunity to develop in close proximity to the hottest growing area in Bay County. This property is situated about a mile away from the master-planned development of Latitudes Margaritaville, which is thriving with a projected 3,500 homes. Currently, there are no businesses meeting the high demand in this area, making it an ideal opportunity for investment. The zoning of this property is Village Center(VC) providing the flexibility and opportunity to create a thriving business venture.Approved for use under C-1, C-2, and R-5 zoning regulations, the possibilities for this property are truly endless. Imagine building a strip center, a modern medical spa, a quick-service restaurant, a cannabis dispensary, a gas station, a storage facility, or a walk-in clinic, among many other options. The flexibility of the zoning allows you to explore various concepts that align with your vision and capitalize on the growing market. It's important to note that while there are currently no city sewer & water utilities available, the rapid growth and demand in the area make it highly likely that this will change in the near future. Additionally, the property boasts an impressive average daily traffic count of 14,800, with a year-on-year increase of 46% and 3 FDOT approved turn-ins. This indicates the immense potential for success in establishing a business at this location. On the property, you will find existing buildings including a 32x30' pole barn, a 1080 sqft 3 bedroom 2 bath mobile home, and a metal building with 1200 sqft of air-conditioned retail/office space and 2100 sqft of non-climate controlled warehouse space. These existing structures offer potential for immediate use or renovation to suit your business needs. Don't miss out on this exceptional chance to be a part of the booming growth in Bay County. Act now and establish your business at this prime corner location with unparalleled potential. Contact us today to learn more and seize this remarkable opportunity! While we strive to provide accurate information, it is essential for the buyer to verify any important details to their satisfaction.

More Information MLS# 746592

Contract Info

List Date: 2023-09-26 List Price: $1,750,000 List Price/SqFt: 367.34 Current Price: $1,750,000 Sub-Type: Other

Location

Area: 03 - Bay County - Beach Street #: 9931 Street Name: Highway 79 State: FL Zip Code: 32413 County: Bay Sub Area: 0321 - Beach - North Central Subdivision: [No Recorded Subdiv] Community/Resort: None Waterfront: No Parcel ID: 32445-000-000 Elementary School: West Bay Middle School: Surfside High School: Arnold Directions: Traveling on Hwy 79: From 98- North on 79 to Steelfield Road From I-10- travel south to Steelfield Road Legal Description: 9 2S 16W -4- 33C BEG INT S R/W STEEL FIELD RD & W SEC LINE TH E TO W R/W SR #79 S ON R/W 348' W TO SEC LINE N TO POB LESS CO RD R/W ORB 1091 P 1786-ORB 1745 P 754 ORB 3571 P 322

General Property Info

List Class: Commercial Construction Status: Construction Complete Acreage: 1.2 Frontage Ft: 314 Lot Depth: 150206 Lot SqFt: 77362 SqFt HVAC: 1272 SqFt - Warehouse: 2124 SqFt Tot Bldg: 4764 Year Built: 1997

Listing Info, Tax and Legal

HOA Fee: No

Remarks & Misc

Remarks: Introducing 9931 Hwy 79, a PRIME CORNER location offering a rare opportunity to develop in close proximity to the hottest growing area in Bay County. This property is situated about a mile away from the master-planned development of Latitudes Margaritaville, which is thriving with a projected 3,500 homes. Currently, there are no businesses meeting the high demand in this area, making it an ideal opportunity for investment. The zoning of this property is Village Center(VC) providing the flexibility and opportunity to create a thriving business venture.Approved for use under C-1, C-2, and R-5 zoning regulations, the possibilities for this property are truly endless. Imagine building a strip center, a modern medical spa, a quick-service restaurant, a cannabis dispensary, a gas station, a storage facility, or a walk-in clinic, among many other options. The flexibility of the zoning allows you to explore various concepts that align with your vision and capitalize on the growing market. It's important to note that while there are currently no city sewer & water utilities available, the rapid growth and demand in the area make it highly likely that this will change in the near future. Additionally, the property boasts an impressive average daily traffic count of 14,800, with a year-on-year increase of 46% and 3 FDOT approved turn-ins. This indicates the immense potential for success in establishing a business at this location. On the property, you will find existing buildings including a 32x30' pole barn, a 1080 sqft 3 bedroom 2 bath mobile home, and a metal building with 1200 sqft of air-conditioned retail/office space and 2100 sqft of non-climate controlled warehouse space. These existing structures offer potential for immediate use or renovation to suit your business needs. Don't miss out on this exceptional chance to be a part of the booming growth in Bay County. Act now and establish your business at this prime corner location with unparalleled potential. Contact us today to learn more and seize this remarkable opportunity! While we strive to provide accurate information, it is essential for the buyer to verify any important details to their satisfaction.

Status Change Info

Status: Active

Property Features

Business/Property: Living Quarters Floors in Unit/Home: One Financing: Cash; Conventional
Listing Office: CENTURY 21 Commander Realty
Last Updated: April - 16 - 2024

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Information deemed reliable but not guaranteed.