9905/9909 Highway 79, Panama City Beach, FL 32413
Local realty services provided by:ERA Neubauer Real Estate, Inc.
9905/9909 Highway 79,Panama City Beach, FL 32413
$650,000
- 1.78 Acres
- Lots / Land
- Active
Listed by: richard jabbour
Office: scenic sotheby's international realty
MLS#:766588
Source:FL_BCMLS
Price summary
- Price:$650,000
About this home
This is an excellent opportunity for future commercial development in Panama City Beach, Florida, less than a mile north of Latitude Margaritaville, a booming master-planned community by St. Joe, featuring 3,500 new construction homes as well as a Publix Super Market-anchored shopping center that has just broken ground. Two separate parcels are combined here (9909 & 9905), offering 1.78 acres of land and 335' of road frontage on Hwy 79, with AADT of 16,200. The Northwest Florida Beaches International Airport, ranked the 4th fastest growing airport in the United States, is a little over 3 miles to the east. The new Tallahassee Memorial Hospital complex is just 6 miles to the south, with the first building opened this past summer and a large campus planned over 87 acres. This property
is zoned Village Center, which allows for a multitude of uses, including R-5 (Residential), C-1 (Neighborhood Commercial), C-2 (Plaza Commercial), C-4 (Research and Design), Public Institutional, Parks and Open Space, Civic use and others. Village Center zoning allows for 10 dwelling units per acre. The current owners also applied for and received a CUP approval for operation of a WAREHOUSE FACILITY. Buyer is encouraged to contact Bay County Planning and Zoning to verify all zoning information. 2 septic systems, 2 well houses, and 2 power poles exist on site, along with numerous RV hookups. FDOT has already approved an entrance from 79 to property. Soil borings and geotechnical reports have been completed for a warehouse and can convey.
The county currently allows for up to 8 mobile homes, which presents an opportunity to offset holding costs until further development. Existing RV hookups and water connections are on site now, but RV park is not an allowable use. This is the perfect opportunity to seize a commercial development opportunity in a booming area!
St. Joe is working with the county to develop an additional 1702 acres across the street, between this parcel and the airport. That development is proposed to offer an additional 3,300 residential units and 450,000 sq ft of commercial space. St. Joe is negotiating with county on how utilities will be run to their property, but that proposed development should be a great asset to this property.
Contact an agent
Home facts
- Listing ID #:766588
- Added:384 day(s) ago
- Updated:December 19, 2025 at 03:27 PM
Structure and exterior
- Lot area:1.78 Acres
Finances and disclosures
- Price:$650,000
New listings near 9905/9909 Highway 79
- Open Mon, 11am to 2pmNew
$260,000Active3 beds 3 baths1,532 sq. ft.1702 Annabellas Drive, Panama City Beach, FL 32407
MLS# 783791Listed by: CORCORAN REVERIE - New
$575,000Active0.15 Acres7304 S Lagoon Drive, Panama City Beach, FL 32408
MLS# 783792Listed by: PARADISE PROPERTIES OF NW FLORIDA - New
$564,000Active3 beds 3 baths1,728 sq. ft.1722 Wahoo Circle, Panama City Beach, FL 32408
MLS# 783783Listed by: COUNTS REAL ESTATE GROUP INC - New
$1,239,120Active5 beds 5 baths2,128 sq. ft.13649 Banana Wind Way #31, Panama City Beach, FL 32413
MLS# 783789Listed by: MJH REAL ESTATE BROKERAGE, LLC - New
$650,000Active3 beds 2 baths1,568 sq. ft.10028 Steel Field Road, Panama City Beach, FL 32413
MLS# 783790Listed by: EXP REALTY LLC - New
$174,999Active3 beds 2 baths1,064 sq. ft.1623 Acre Circle, Panama City Beach, FL 32407
MLS# 783776Listed by: EXP REALTY LLC - New
$469,000Active1 beds 1 baths735 sq. ft.23223 Front Beach Road # 308, Panama City Beach, FL 32413
MLS# 993001Listed by: BETTER HOMES AND GARDENS REAL ESTATE COAST PROPERTIES - New
$224,000Active-- beds 1 baths489 sq. ft.8817 S Thomas Drive #A204, Panama City Beach, FL 32408
MLS# 783771Listed by: THINK REAL ESTATE - New
$515,000Active2 beds 2 baths1,026 sq. ft.7205 Thomas Drive #C203, Panama City Beach, FL 32408
MLS# 783769Listed by: COUNTS REAL ESTATE GROUP INC - New
$610,000Active4 beds 3 baths2,375 sq. ft.430 Warren Bayou Lane, Panama City Beach, FL 32407
MLS# 783765Listed by: ON THE COAST REAL ESTATE GROUP