Approximately 5 acres (consisting of 3 parcels) of prime real estate (zoned commercial) which is a perfect location for a restaurant, boutique hotel, or luxury low-density condominium or a mix of these, with views across the Grand Lagoon to St Andrew's State Park. This rare opportunity offers over 500ft of water frontage, including 25 Deep water and 5 additional boat slips and an existing boat ramp. This exceptional location affords 5 minute. access to the Gulf of Mexico and is minutes away from fine dining, shopping, championship golf, recreation and a myriad of water sports. All dimensions are approximate and should be verified if important. There is no better piece of waterfront property available for development between in the Panhandle. Don't miss this opportunity as it will never come again.
* Based on a 30-year fixed rate of 4.75% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
The Other Residential located at 5201 Lagoon Dr, Panama City Beach, FL 32408 is currently for sale.
5201 Lagoon Dr is listed for $6,475,000.
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