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25.64 acre Developer opportunity.  Zoned Residential 3 (R3) Duplexes, Triplexes, Quadraplexes.  The highest and best use is a 278 planned townhome unit development.  Development order has expired and would need to be renewed by the new buyer.

The site has 8.55 wetland acres and 17.09 upland acres.  The current owner invested $1.589 million in water, sewer, and building permit fees; $230,439 in engineering, environmental, architectural design for development order, and $1.818 million for land improvements including building pads.

The total cost of improvements is $3.638 million.

The initial townhome development was designed for 278 townhomes that were 1,332 square feet each with one car garages (architectural renderings are available). The property is located approximately .1 of a mile north of Highway 98, on Wildwood Road.  The subject currently fronts Wildwood Road which intersects Highway 98.  Nearby uses include detached single family residential, high rise condominiums, significant commercial development at the intersection of Wildwood and Highway 98 including a Big Kmart and a CVS Pharmacy and vacant land.  The subject property is in northeastern Panama City Beach, just west of Panama City, in Bay County, Florida.  This area has experienced rapid and continuing growth over the past 5 years.
#633449

Panama City Beach

300 COVE VILLA Road

None Beds

None Baths

25.64 acres

$2,200,000

MLS#: 633449

UNDER CONTRACT ~ TAKING BACK UPS! Great beachfront home with an established rental history. Heated pool, elevator, and terrific peaceful location on the Gulf with amazing views. With 6br's and 6.5ba this home has room for all of your friends and family and accommodates 16 guests which also makes this a great rental that grossed approximately $170k in both 2021 and 2022 . Awesome Gulf front decks, high end finishes, large open living concept living area overlooking the beach. Sold furnished and equipped.  Over $131k in reservations is already scheduled for 2023 and $188k is projected.
#738854

Port St Joe

6306 County Road 30a

6 Beds

6 Baths

3,060 Sq.Ft.

$2,200,000

MLS#: 738854

Discover luxury living on nearly a full acre lot at the end of a quiet cul-de-sac in the gated Kelly Plantation. This 5,410 sq ft custom estate offers 4 bedrooms and 4.5 bathrooms with soaring high ceilings, elegant Venetian plaster walls in the foyer, dining room, and living areas, plus custom crown molding throughout. A grand Cantera front door and a sparkling Schonbek chandelier add timeless sophistication. Enjoy a large screened-in back patio with a private swimming pool overlooking the expansive, private lot. Perfect for relaxing and entertaining in a resort-style setting. This exceptional home blends luxury finishes with coastal elegance in one of Destin's most prestigious communities.
#1002380

Destin

301 Sweet Water Cove

4 Beds

4 Baths

5,410 Sq.Ft.

$2,200,000

MLS#: 1002380

Prime Multi-Parcel Investment with Operating Restaurant on Front Beach Road

Exceptional opportunity to acquire five parcels being sold together (Parcel IDs: 36556-010-000 | 36554-010-000 | 36554-072-000 | 36556-000-000 | 36557-000-000), including a fully operational restaurant, Pho Pier 77, with an existing lease in place through 2029. The land and building convey with the sale, along with select equipment currently located within the restaurant building (to be confirmed), offering immediate income with long-term stability.

Located at 19932 Front Beach Rd, Panama City Beach, FL 32413, the property benefits from a high-visibility position along one of Panama City Beach's primary commercial corridors. Front Beach Road is a major artery serving both residents and the area's strong tourism base, providing consistent traffic exposure and accessibility.

Location Highlights & Area Amenities:

Proximity to the Gulf of Mexico: Just moments from Panama City Beach's renowned white-sand beaches and public beach access points.

Strong Tourism Market: Situated in a well-established coastal destination known for year-round visitors, seasonal events, and recreational attractions.

Surrounding Development: The area features a mix of commercial, hospitality, and residential properties, supporting steady demand and visibility.

Accessibility: Convenient access to major roadways and within a reasonable drive of Northwest Florida Beaches International Airport.

Future Potential: Additional parcels included in the sale may offer future development, expansion, or land-banking opportunities, subject to zoning and local approvals.

This offering presents a rare combination of income-producing property and additional land holdings in a highly desirable beach market, making it well-suited for investors, developers, or owner-users seeking long-term upside.

Do not disturb tenants. Additional details regarding lease terms, financials, and equipment list available upon request with executed confidentiality agreement.
#782722

Panama City Beach

19932 Front Beach Road

None Beds

None Baths

3,380 Sq.Ft.

$2,200,000

MLS#: 782722

The structure is a Class A, Retail/Office, 6,901 square feet building with tremendous upside. It is constructed of concrete poured block and steel beam supported ceilings. The roof is tile and one-piece member of rubber. It is equipped with a complete fire sprinkler system and is monitored on a 24/7 basis. The complex also has ample parking and excellent signage on Thomas Drive. The building consists of 2 units with one at 4985 square feet and the other at 1916 square feet. Taylor's Restaurant (previously Egg & I Restaurant) currently occupies the 4985 square feet unit.  They are currently in their 3rd 5-year lease term.  Realty One Group of the Emerald Coast occupies the remaining 1916 square feet of the building.  They have a 2-year lease which ends Sept 2025.
#783178

Panama City Beach

1114-1120 Thomas Drive

None Beds

None Baths

7,487 Sq.Ft.

$2,200,000

MLS#: 783178

+/- 9 Acres with over 1,000' frontage on U.S. Hwy 98 Zoned General Commercial with Permitted mobile office. The entire 9 acres will be fenced and lighted with hard lay down area. These improvements will be completed 8/1/21. Site only 5 miles from Tyndall Rebuild project. Owner flexible on terms and will break up or lease the land short or long term
#713931

Panama City

5308 E Highway 98

None Beds

None Baths

9.0 acres

$2,200,000

MLS#: 713931

GULF FRONT GEM! TOP FLOOR unit available at the upscaled resort, Villa Coyaba. This 4 bed/3 ba has never been rented and is very tastefully decorated. Indulge yourself in luxury as you enter this spacious condo overlooking the Gulf of Mexico.  The living room and the primary bedroom lead out to a fabulous, oversized balcony offering breathtaking views while hearing the soothing waves. The living room has a fireplace that comes in handy during the holiday season.  The primary bedroom suite has a large bathroom with soaking tub and walk-in shower and the kitchen is well equipped with plenty of room for chefs creating fabulous meals. The additional two bedrooms can be used as junior suites, and the fourth bedroom is great for the kids to play and sleep in. Other features are laundry room with full size washer and dryer, ice machine, owners closet for storage, two designated parking spots in the garage. Villa Coyaba is a prestigious resort in Crystal Beach close to shops and dining. The resort offers a large gulf front pool, gym, grilling area and a theater. This unit is sold totally furnished and would make a great investment property, second home or primary residence. Projected income is $195K! Hurry before you miss out on this one!
#746998

Destin

3016 Scenic Highway 98 407

4 Beds

3 Baths

2,200 Sq.Ft.

$2,200,000

MLS#: 746998

Rarely do site and structure so perfectly align to evoke a lasting sense of wonder. At 106-ft of DEEP-WATER frontage sits an achievement in American modern design that blends exquisite finishes and awe-inspiring panoramas to pique curiosity at every turn. Upon crossing the home's threshold, the Grand Lagoon appears within arm's reach, as its waters gracefully extend to the backyard dock and pool. Thoughtful design elements are evident throughout the home including a driveway fit for low-suspension vehicles leading to a 3 car garage, modern chef's kitchen with waterfall absolute black honed granite center island, butler's pantry and incredible features that include indoor-outdoor living, panoramic views from virtually every space. A cocktail pool measuring ~36x14 feet. Marble of various depths and color adorn the estate's main floors, with stunning contrasting black wood floors in the master and second level. Upstairs, a second master with balcony, game area, additional bedroom and two more guest suites boasting sitting areas, balcony, and custom closets. 262 Marlin Circle is poised within Bay Point as one of the shortest boat rides to St Andrews Bay and the Gulf of Mexico. With every amenity imaginable and a location at the center of fine dining, yachting and golf, all within the guarded community of Bay Point, there is no better place to escape the mundane.

All measurements are approximate, please verify if important.
#697014

Panama City Beach

262 Marlin Circle

5 Beds

4 Baths

5,874 Sq.Ft.

$2,200,000

MLS#: 697014

574 ACRE FARM, 475 acres irrigated with 3 pivots, 3 wells and 99 acres dry land farming. Irrigation pumps are electric powered with 100 hp motors. Bases included. See documents for detailed package of farm.
#661032

Greenwood

0 SYLVANIA PLANTATION Road

None Beds

None Baths

574.29 acres

$2,200,000

MLS#: 661032

Carillon Beach is a wonderful gated community located at the far West end of Panama City Beach. Amenities include a Beach Club, 3 pools, tennis courts, shops and dining and a mile of pristine beach. This well designed Beach home offers endless Gulf views from the main living area and Master Suite. Relax on the expansive balconies, slip away onto the sugar white sand via the private walkover or take a swim in the nearby community pool. Inside is a host of dramatic architectural features, including walls of windows and glass doors bringing in the breathtaking Gulf views. The living room is a perfect blend of casual elegance and style with, tall glass windows and doors for natural lighting and access to a large covered, balcony. The large open, eat-in kitchen features a wall of cabinetry  and long breakfast bar with granite countertops, The main level also features a powder room and guest bedroom with private bath. The double doors in this guest bedroom open to a large covered balcony. A stairway off the foyer leads downstairs to a guest room with hall bath, a full size laundry room and a one car garage with extra storage area. The third level features soaring tongue and groove wood ceilings. The impressive master suite with private bath offers the sound of the gentle waves from a large covered private balcony. Additionally, there are two generous guest bedrooms with a shared full bath on this level. (An elevator could easily be added). This fully furnished home is a family beach retreat for the ages. It is ''Rental Ready'' and convenient to all the wonderful amenities of Pier Park as well as the dining, entertainment along Hwy 30A.
#630910

Panama City Beach

312 Beachside Drive

5 Beds

4 Baths

3,132 Sq.Ft.

$2,200,000

MLS#: 630910

Kick out clause in place. Welcome to your dream waterfront retreat situated on .54 acres with 100 feet of Bayou frontage (Boat included). We are delighted to present this captivating 1-story, 3 car garage home nestled along the water, offering unparalleled views and convenient deep water boat access with power and water on dock with lift for boat and jet ski. New Trex added to dock 2023! The home offers 4 ( the 4th is used as a office currently) bedrooms with 3.5 bath. The outdoor entertaining area is completely screened with gas fire place to enjoy all year long. Stepping out from the lani into tranquility with a backyard that extends to the water's edge. Enjoy peaceful evenings and breathtaking sunsets from your own slice of paradise.Nestled in the heart of Destin this home offers both privacy and convenience
#938183

Destin

4121 N Indian Bayou

4 Beds

3 Baths

3,731 Sq.Ft.

$2,200,000

MLS#: 938183

Panoramic Gulf front views from every room of this beautiful fifth floor, 3 bedroom, 3 bathroom home. Every bedroom has a gulf front balcony with the master bedroom having it's own private gulf front balcony. This home is resort living at its finest yet has a private feel from the moment you walk in the door.  Custom pale aqua glass counters in the bathroom's which was meticulously designed and created by a Canadian artist who's vision was to bring the beauty of the Gulf inside. Floor and bath tiles are porcelain with glass finish making them glisten in the sunlight.  The kitchen appliances are high end, with a new Sub-Zero Viking refrigerator, the kitchen and  living room have spectacular views of the gulf.  The two guest on-suite bedrooms are spacious and private. Notable features include, Southwinds ll is a private non-rental building, private deeded beach access, gorgeous pool with tropical landscaping, covered parking with two assigned parking spaces, private storage closet for all of your beach accessories. Pets are allowed so bring your fur babies.
#900831

Miramar Beach

4515 Southwinds Drive 4515

3 Beds

3 Baths

2,056 Sq.Ft.

$2,200,000

MLS#: 900831

Located in the heart of Seagrove, this beautiful 2nd floor unit is located in the gated, Gulf front Legacy Condominiums.  It features 4 bedrooms, 3 baths and almost 2,300 square feet of beach front living.  The open floorplan with travertine tile throughout the living areas, vinyl plank flooring in the spacious bedrooms, 10' ceilings, crown molding, wet bar and a large kitchen that includes granite counter tops and stainless appliances blend the kitchen, living and dining areas together as a great space to enjoy family and friends.  Unit will accommodate 12 guests.  A large balcony extends the entire width of the unit with access from the living room and the master bedroom and is great for morning coffee or to enjoy the evening sunset.  Hang out at the private beachside pool or enjoy the almost 200' of sugar white beaches.  Out the gate and you are just minutes to dining, shopping, State parks, trails and the bike path that allows exploring the entire length of 30A. A true second home or investment property with great rental income projections. Unit #203 at The Legacy is beach life at its best.
#924498

Santa Rosa Beach

3880 E County Highway 30A UNIT 203

4 Beds

3 Baths

2,290 Sq.Ft.

$2,200,000

MLS#: 924498

UNDER CONTRACT ~ TAKING BACK UPS! Great beachfront home with an established rental history. Heated pool, elevator, and terrific peaceful location on the Gulf with amazing views. With 6br's and 6.5ba this home has room for all of your friends and family and accommodates 16 guests which also makes this a great rental that grossed approximately $170k in both 2021 and 2022 . Awesome Gulf front decks, high end finishes, large open living concept living area overlooking the beach. Sold furnished and equipped.
#919061

Port St. Joe

6306 CR30A

6 Beds

6 Baths

3,060 Sq.Ft.

$2,200,000

MLS#: 919061

None
#965461

Santa Rosa Beach

215 Pheasant Way Road

5 Beds

4 Baths

4,118 Sq.Ft.

$2,200,000

MLS#: 965461

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