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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.

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.

Port St Joe

6306 County Road 30a

6 Beds

6 Baths

3,060 Sq.Ft.

$2,200,000

MLS#: 738854

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.

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.

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

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!

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.

Panama City Beach

262 Marlin Circle

5 Beds

4 Baths

5,874 Sq.Ft.

$2,200,000

MLS#: 697014

#1000860

Santa Rosa Beach

721 Woodland Bayou Drive

4 Beds

4 Baths

3,174 Sq.Ft.

$2,200,000

MLS#: 1000860

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.

Greenwood

0 SYLVANIA PLANTATION Road

None Beds

None Baths

574.29 acres

$2,200,000

MLS#: 661032

Panama City Beach

312 Beachside Drive

5 Beds

4 Baths

3,132 Sq.Ft.

$2,200,000

MLS#: 630910

LUXURY GULF FRONT HOME ON INDIAN PASS W/PRIVATE OASIS STYLE POOL & GULF FRONT HOT TUB! This 5BR/5BA custom beach house is immaculately kept & rental ready. An updated kitchen features new SS appliances & granite countertops w/breakfast bar & ample cabinetry for storage. The dining area opens to a large living space w/panoramic Gulf views & stunning sunsets. Pamper yourself in 1of 4 spacious masters w/spa-like en-suites & private balcony access. A bunkroom w/en-suite is perfect for children! Relax poolside on the sun deck or take a stroll down the boardwalk to sugar white sand beaches for shoreline fishing & kayaking. Enjoy an easy to maintain landscape w/native plants, lush palms & plenty of covered parking. This home will take your breath away! Watch our 3D tour, call for a showing & pres

Port St Joe

192 Sandy Lane

5 Beds

5 Baths

2,648 Sq.Ft.

$2,200,000

MLS#: 726129

#1003304

Niceville

104 Bayou Drive

4 Beds

4 Baths

3,973 Sq.Ft.

$2,200,000

MLS#: 1003304

Gulf-View Living in Guard-Gated Caribe. Set just steps from Caribe's quiet, sugar-white shoreline, this thoughtfully designed coastal home delivers an easy, modern approach to Gulf living—bright, open, and built to last. Constructed by Boswell Builders, the residence reflects a minimalist philosophy where durability, comfort, and fun take center stage. Offered fully furnished, the home is ready to be enjoyed from day one.

Spanning 4,332 square feet, the interior unfolds with clean lines, light-filled spaces, and unfussy finishes that feel both current and timeless. The main living areas are open and inviting, designed for gathering without excess—perfect for full-time living, long weekends, extended stays, and effortless entertaining. The kitchen anchors the home with generous workspace, streamlined cabinetry, designer appliances, and an intuitive flow to dining and living areas.

With five bedrooms and four baths, the layout offers flexibility for family and guests alike. Upstairs, a dedicated playroom was intentionally designed for movement and imaginationtumbling, games, and laughter encouraged. Even the pool table conveys, reinforcing the home's playful spirit. A separate viewing lounge on the upper level opens to its own breezy balcony, where endless Gulf views and unforgettable sunsets become part of the daily rhythm.

Outdoors, the property truly distinguishes itself. One of Caribe's most spacious backyards provides a rare sense of room to roam, featuring an in-ground hot tub, outdoor kitchen, and ample space for gathering, relaxing, and celebrating coastal life. It's a backyard built for long afternoons, barefoot evenings, and easy entertaining.

Additional features include a single-car garageideal for beach gear and daily essentialsalong with thoughtful storage and a layout that prioritizes living over maintenance.

Located within guard-gated Caribe, residents enjoy private beach access, community pools, tennis courts, and a setting that feels both protected and peaceful. Short-term rentals are permitted with restrictions, offering flexibility for personal use or investment.

This is modern coastal living without pretensebuilt for longevity, designed for play, and framed by Gulf views you'll never tire of. Come experience Caribe at its most effortless.

Miramar Beach

265 Rue Martine

5 Beds

5 Baths

4,332 Sq.Ft.

$2,200,000

MLS#: 994112

Experience modern coastal elegance in this architecturally stunning Brian Spencer home, ideally located in the prestigious Santa Rosa Shores community of Gulf Breeze. Built in 2021 with ICF construction, this residence was designed for strength, efficiency, and enduring beauty ,blending timeless craftsmanship with contemporary design.

This 5bedroom, 5bath home offers expansive, light-filled spaces with soaring ceilings, designer lighting, and exquisite millwork throughout. The chef's kitchen is a showpiece featuring Wolf appliances, a built-in coffee system, quartz countertops, custom cabinetry, and a generous walk-in pantry, seamlessly connected to the open-concept living and dining areas, perfect for both entertaining and everyday living. A private elevator provides access to all levels, while the primary suite offers a priceless views and a serene retreat with a spa-inspired bath. The oversized walk incloset will bring so much joy to the Lady of the house with its ambiance and luxe feel. Additional highlights include a dedicated 8.1 surround-sound theater, smart home automation, and an oversized tandem garage with built-in storage.

The outdoor living space rivals any resort, showcasing a newly constructed gourmet kitchen with premium appliances, bar seating, and stone detailing, all overlooking a sparkling pool and spacious patio surrounded by tropical landscaping.

Located minutes from Tiger Point Golf Club, the public boat launch, boutique dining, playground, pickle ball courts, top-rated schools and just a short drive to the sugar-white sands of Pensacola Beach, this property captures the best of coastal living. Listed below appraised value, this Brian Spencer masterpiece offers unmatched quality, innovation, and lifestyle along the Gulf Coast.

Gulf Breeze

3348 Edgewater Drive

5 Beds

5 Baths

6,735 Sq.Ft.

$2,200,000

MLS#: 989128

Price REDUCED! Investors and Beach lovers this Gulf front home features 6 bedrooms, 6 baths, private fenced pool, 2-covered porches, and has direct beach access with a private boardwalk. Each floor has its private covered balcony offering stunning views of the beach, making it the perfect place to sit and watch the tide roll in. The first floor features your main living area, spacious kitchen, dining area, laundry room, and two oversize bedrooms. The second floor features a small sitting area and 4 bedrooms. They are 2 Gulf-facing Master bedrooms that each have an en-suite bathroom both rooms open up to an ocean-view balcony. This sought-after beach area is within walking distance to the famous Pineapple Willy's This comes furnished and sleeps 16 guests,

Panama City Beach

9740 Beach Boulevard

6 Beds

6 Baths

2,716 Sq.Ft.

$2,200,000

MLS#: 724821

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