$3,400,000

Back on the market. The buyer's tenant backed out of the lease two days prior to closing, as the tenant prefers to purchase. The best corner location available in Panama City Beach and Bay County. Located at the northwest corner of Panama City Beach Parkway and Alf Coleman Road. Signalized intersection. New access road to new retailers to the west that include Panera Bread, McDonald's, Take 5, and All-In Credit Union. The +/-2.116 Acre site measures approximately 369 feet of frontage by 270 feet deep. The site measurements will be confirmed upon receipt of the survey. The average daily traffic count is 52,000. Zoned Commercial High Intensity (CH) within the City limits of Panama City Beach. There is a tremendous amount of interest in the property already. Woodlawn Church will retain a sign easement on the property for the existing Woodlawn Church sign. New ALTA survey attached.