17001 HERNANDO Avenue Panama City Beach, FL 32413

Incredible Opportunity to own almost three (3) acres near Hwy 79, zoned for up to 40 units per acre. Currently has 6 (six) structures on site. Each structure was built in the 1950's and Range in size from 1,000 sf - 3,500 sf. Made of block with asphalt shingle roof. No intrinsic value given for the structures. Property is ideally located just south of PCB Pkwy on the Eastside of Hwy 79. Less than 1/2 mile from City Hall, Fire Department, Police Department, Winn Dixie Shopping Center, Gas stations and many motels & restaurants. Plus only five minutes to Pier Park, Frank Brown Park and the City Pier This property is zoned for up to 40 units per acre for multi-family development and would make an ideal location for retirement center, motel, and townhome development.