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  • Price$990,000
  • Acres0.33

622 Gardenia Street, Panama City Beach

Attention all investors and entrepreneurs - this property is a real game-changer! Boasting a coveted High Intensity Commercial zoning designation or Multi-Family use in the heart of Panama City Beach. Comes as a double lot with a turnkey 2 Bedroom/ 1.5 Bath, 760 sq ft house. Perfect location for multifamily. The lot has enough space for 2 structures! Imagine the potential to build Two Duplex's with enough room for pools and potential views of the Gulf of Mexico on the top floors. And with short term rentals permitted, you can maximize your investment by generating income year-round. What's more, this property is located in a highly desirable area with lots of visibility, ensuring a bright future for your investment. And with no HOA to worry about, you'll have the freedom to make your vision a reality. And let's not forget the unbeatable location - just a 5-minute walk to the beautiful beaches. The owner has blueprints for a duplex on the vacant lot that can be included in the sale. Includes building plans!

Essential Information

  • MLS® #743677
  • Price$990,000
  • Bathrooms0.00
  • Acres0.33
  • TypeLand
  • Sub-TypeDetached
  • StatusActive

Amenities

  • UtilitiesElectricity Available, Sewer Available, Water Available
  • FeaturesCorner Lot

School Information

  • ElementaryHutchison Beach
  • MiddleSurfside
  • HighArnold

Listing Details

  • Listing OfficeCounts Real Estate Group Inc

Community Information

  • Address622 Gardenia Street
  • Area03 - Bay County - Beach
  • SubdivisionBahama Beach
  • CityPanama City Beach
  • CountyBay
  • StateFL
  • Zip Code32407

Exterior

  • Lot DescriptionCorner Lot

Additional Information

  • Date ListedJuly 7th, 2023

Price Change History for 622 Gardenia Street, Panama City Beach, FL (MLS® #743677)

Date Details Price Change
Price Reduced $990,000 $60,000 (5.71%)
Price Reduced (from $1,150,000) $1,050,000 $100,000 (8.70%)
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DISCLAIMER: IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information Source: Bay County Association Of REALTORS® Multiple Listing Service