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About This Home
This 0-bedroom, 0-bathroom condo at 1616 Allison Avenue in Panama City Beach, FL is listed for $2,950,000. on a 7.87 acres lot.
C-3 GENERAL COMMERCIAL ZONING APPROVED. Rare opportunity to acquire approximately 7.834 acres of entitled commercial land located on Allison Avenue in Panama City Beach. 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
Estimates only. Actual payments may vary.
Location
1616 Allison Avenue
Panama City Beach, FL 32407
Questions & Answers
This 0-bedroom, 0-bathroom condo at 1616 Allison Avenue 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 Karen K Smith and can be reached at 8502334351 or karen@beachybeach.com.
