Equal Opportunity Housing
19975 FRONT BEACH RD, PANAMA CITY BEACH, Florida
- $5,475,000.00
- MLS # 538259
- 0 bedroom(s)
- 0 bath(s)
- Lot Size: 1.69
Incredible development opportunity for the future! This beautiful Gulf front development site is located on the popular west side of Panama City Beach, and is priced to sell. During the market's peak, similar development sites were selling in the $30 to $40 million dollar range. This unbelievable parcel is only minutes from the new Northwest Florida Beaches International Airport. The Emerald Rivera Beach Resort development site offers ~340 ft. of gulf front property, is turn key with only one owner, and is deeded to the water's edge. The ever increasing population of the Bay County area coupled with the new airport, gives this property tons of potential. ****There is an approved development order for Emerald Riviera Beach Resort, consisting of a 21-story condominium with 215 Gulf front units and 357,000 Square Feet. The Emerald Riviera development would contain 3-levels of Gulf front underground parking which will provide 230 parking spaces, 1, 2, 3, & 4 BR floor plans, upscale amenities such as a game room, large meeting room, restaurant, 6 high speed elevators and a beautifully landscaped pool area with its own Tiki Bar. The Emerald Riviera Beach Resort was designed by well known architects, Bain and Collins, and is unique to anything on the coast. Take advantage of this buyer's market in one of the fastest growing counties in the U.S. and watch your development grow with Panama City Beach. ****Full architectural renderings and survey available upon request. ****Owner also owns 1000 ft. of road frontage across the street which is available for sale.