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About This Home

This 0-bedroom, 0-bathroom commercial at 1616 Allison Ave in Panama City Beach, FL is listed for $2,950,000. on a 7.87 acres lot.

Agent Description

Rare opportunity! This almost 8 acre C-3 zoned property allows for residential use, giving endless potential in a highly flexible zoning category. The property features approximately 400 feet of road frontage, no wetlands, and is served by municipal water and sewer, significantly reducing development risk and timeline.

The site represents a fully entitled commercial development opportunity, positioned along an established corridor with direct connectivity to U.S. Highway 98 (Panama City Beach Parkway). Surrounding zoning includes commercial to the south and residential and public/institutional uses to the north, creating a logical transition location for neighborhood-scale commercial and service development.

Property includes a former church structure and is suitable for a variety of commercial uses permitted under C-3 zoning, subject to site plan approval and County development standards. Buyer to verify all permitted uses, density, and development requirements.

Key Features

  • 7.87 acre lot

Monthly Cost Estimate

$15,777/mo

20% down · 6.5% · 30 years

Principal$2,133
Interest$12,783
Insurance$860

Estimates only. Actual payments may vary.

Location

1616 Allison Ave

Panama City Beach, FL 32407

[No Recorded Subdiv]

Questions & Answers

This 0-bedroom, 0-bathroom commercial at 1616 Allison Ave is listed at $2,950,000. The estimated monthly payment is $12,783 based on 20% down at 6.5% interest.

Key features include: 7.87 acre lot.

This property is listed by Miranda L Barnes and can be reached at 8508906013 or miranda@beachybeach.com.

MB

Miranda L Barnes

Agent at Beachy Beach Real Estate

(850) 890-6013

Listed by Beachy Beach Real Estate · View on Broker Site

MLS# 752862· Source: listhub· Updated 837 days ago

Copyright © 2026 Central Panhandle Association of REALTORS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

1616 Allison Ave, Panama City Beach, FL 32407

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