# 1616 Allison Avenue, Panama City Beach, FL 32407

> **TL;DR:** condo, $2,950,000. Est. $12,783/mo. Listed 124 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $2,950,000 |
| Lot Size | 342,817 sqft (7.87 acres) |
| Property Type | Condo (Condominium) |
| Status | For Sale |
| Days on Market | 124 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Mortgage (20% down, 6.5%) | $12,783 |
| **Total** | **$12,783** |

## Property Highlights

- 7.87 acre lot

## Description

### Agent Description
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.

## Location

- **Address:** 1616 Allison Avenue, Panama City Beach, FL 32407
- **County:** Bay
- **Coordinates:** 30.186257, -85.787907
- **Google Maps:** https://www.google.com/maps?q=30.186257,-85.787907

## Listing Agent

- **Name:** Karen K Smith
- **Brokerage:** Beachy Beach Real Estate
- **Phone:** 8502334351
- **Email:** karen@beachybeach.com

## Primary Photo

![1616 Allison Avenue - Primary Photo](http://lh.rdcpix.com/9bc391adb66a3852a77391e74e0b6c0bl-f1322202463r.jpg)

*6 total photos available on [listing page](https://www.propertysimple.com/listing/1616-allison-avenue-panama-city-beach-fl-32407-l993917)*

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**MLS#:** 993917 | **Updated:** 2026-06-19
**Source:** listhub

*Copyright © 2026 Emerald Coast 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.*

[View on PropertySimple](https://www.propertysimple.com/listing/1616-allison-avenue-panama-city-beach-fl-32407-l993917)

---

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