Address
1616 Allison Avenue, Panama City Beach, FL
Price
$ 3,000,000
Property Attributes
  • MLS#793882
  • TypeCom Land
  • Listing Status Active
  • CountyBay
  • CityPanama City Beach
  • Area03 - Bay County - Beach
  • Neighborhood[No Recorded Subdiv]
  • Zip32407
  • Style
  • Price$ 3,000,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size7.83 Acres
Data Source:
Central Panhandle Association of REALTORS® (CPAR)
Property Description

Exceptional development opportunity in Panama City Beach! This approximately 7.8-acre property on Allison Avenue recently received approval for both a Future Land Use Map amendment to General Commercial and a zoning change to C-3 General Commercial, significantly expanding the property's development potential. Located within Bay County's Beaches Special Treatment Zone, the property offers a unique combination of commercial and residential development potential. C-3 General Commercial allows a broad range of commercial uses, including retail, accommodations and food service, healthcare and social assistance, entertainment and recreation, construction, wholesale trade, manufacturing and other allowable uses. C-3 also includes allowable C-1 and C-2 uses. Within the Beaches Special Treatment Zone, allowable C-1 uses include residential uses under the R-1, R-2, R-3, R-4, R-5 and R-5A classifications, subject to applicable regulations and restrictions. Residential density within the Beaches Special Treatment Zone is subject to a maximum of 15 dwelling units per acre. With General Commercial future land use, C-3 General Commercial zoning and residential development potential through the Beaches Special Treatment Zone provisions, this property provides exceptional flexibility for a variety of potential development concepts. Conveniently located on Allison Avenue in Panama City Beach with access to the surrounding commercial, residential and tourism corridors. Buyer to independently verify zoning, allowable uses, density, utilities, development standards, permitting requirements and suitability for buyer's intended use with Bay County.

Price History
8/12/2026 Listed $3,000,000

General Features

Property Subtype Commercial
County Bay
Property Type Land
HOA false
Subdivision Name [No Recorded Subdiv]
Special Listing Conditions Listed As-Is
Status Active
Directions From Panama City Beach PKWY (US-98), travel South on Allison Ave. Property will be on the right.
City Panama City Beach
Zoning Description General Commercial
MLS Area 03 - Bay County - Beach
Lot Size Units Acres
Lot Size Square Feet 341075
MLS Area Minor 0321 - Beach - North Central
Standard Status Active
Property Sub Type Additional Commercial,Unimproved Land

Exterior Features

Lot Size Area 7.83
Lot Size Acres 7.83

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Com Land Average in 32407

Price
AVG $3.28M
$3M

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