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- LoopNet Team
1616 Allison Ave
Panama City Beach, FL 32407
Land For Sale · 7.83 AC
Investment Highlights
- Convenient Access to the World's Most Beautiful Beaches
PROPERTY FACTS
Description
This excellent property sits on Allison Avenue between Panama City Beach Parkway and Front Beach Road with excellent access to Bay County’s biggest attractions. Conveniently located on the east end of Panama City Beach, the location is convenient to the vast majority of the area’s attractions making it perfect for townhome or apartment development. The 7.83± acre piece is zoned R-5a allowing up to 25 dwelling units per acre and four-story + mechanical construction per code. Completed density is expected in the neighborhood of 160 apartment units or 85 townhomes (eight per building). Currently the property contains an approximately 30,000 SF slab and one remaining building of approximately 10,000 SF.
PROPERTY TAXES
| Parcel Number | 27550-080-000 | Improvements Assessment | $165,705 |
| Land Assessment | $940,080 | Total Assessment | $1,105,785 |
PROPERTY TAXES
zoning
| Zoning Code | R-5 |
| R-5 |
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