645 Malaga Place, Panama City Beach, FL 32413

$79,000

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List Price
$79,000
Price Change
▼ $20,000 1774383216
MLS#
785825
Status
ACTIVE
Type
Land
Subtype
Residential
Lot Size
11,326
Neighborhood
Beach - North West

Property Description

Less than one mile from the pristine white sandy beaches of Panama City Beach, this vacant land offers an exceptional opportunity for builders, developers, or investors seeking a coastal location with strong upside. This quarter of an acre parcel provides ample space for a small multi-family, townhome, or residential development in an area experiencing continued growth and demand. The property features paved road access with public water and sewer available at the street and is zoned R-2, allowing for single family & multi-family. Need more land? Additional adjoining Malaga parcels are available, allowing for a combined assemblage of approximately 3.7± acres for a larger development footprint or long-term investment strategy. The property's proximity to Panama City Beach's sandy shores, less than one mile away, ensures that residents will enjoy the ultimate beach lifestyle, with sun, surf, and relaxation just a short stroll from their doorstep. Panama City Beach consistently ranks as one of Florida's top tourist destinations, offering investors the potential for significant rental income and long-term appreciation.

Additional Information

Acres
0.26
Elementary School
West Bay
High School
Arnold
Lot Dimensions
76x150
Lot Features
Paved
Middle School
Surfside
Neighborhood
Beach - North West
Subdivision
Sand Dollar Estates
Utilities
Sewer Available
Zoning
Multi-Family, Resid Single Family

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Calculator source: Real Geeks

Listing courtesy of Performance Realty.