$6,250,000

NEW DEVELOPMENT OPPORTUNITY. Being sold for land value only. All structures will be torn down and removed prior to closing. Possible short-term Owner Financing available with substantial down, credit check, etc. Spectacular opportunity to own a large piece of waterfront property sitting directly on the GULF OF AMERICA! Located in the heart of Panama City Beach, this 184' of prime GULF FRONT property offers lots of options for re-development. Currently zoned CH (Commercial High Intensity...the same as condos), it will allow for new construction up to 120' in height (must be verified). Located next to Senor' Frog's Restaurant, it is 1/2 mile from Pier Park and the brand-new TOP GOLF, and just at 1 mile from Dolly Parton's Pirates Voyage Dinner Theater. There is a concrete seawall in place allowing any new construction to use all of the existing site (as permitting will allow- please verify). Call today to view this fabulous development opportunity. All meas. to be verified.