Waterfront Property Finds its Investors
Sizeable, hard-to-find Gulf-front property sells for $5.25 million
This 2.33-acre development parcel, zoned “Seasonal/Resort Commercial,” is located in the Laguna Beach community, just 3.5 miles from Pier Park and all of its terrific dining and shopping opportunities.
With 363 feet of Gulf frontage and mature palm trees from which to hang a hammock, this is the perfect property for its new, beach-enthusiast investors. Laguna Beach is a family-friendly community whose residents enjoy every Panama City Beach amenity in a quiet, relaxed setting.
“Waterfront real estate of this size is very difficult to find and usually requires complex assemblages of multiple parcels,” says Carlton Dean, managing director of SVN SouthLand Commercial in North Florida. “This prime, 2.33 acre property, with breathtaking views of the Gulf of Mexico and Panama City Beach’s sugar-white sand, is a very attractive acquisition and investment opportunity.”
Address: 19919 Front Beach Road, Panama City Beach, FL 32413
Sale Price: $5,250,000
Lot Size: 2.33 acres
Contact: Kevin Wattenbarger, Senior Advisor, SVN SouthLand Commercial, Panama City Office, SouthlandCommercial.com,
(850) 532-5454, KWattenbarger@SVN.com