618 Evergreen Street, Panama City Beach, FL, 32407 - 618 Evergreen St, Panama City Beach, FL 32407

Great development or investment property with ability to go vertical on .72 acres. (571 feet of total road frontage with two corners). The value is in the land and development options. Land is zoned CH which allows you to build hotel, condos, townhomes, restaurant, single family homes and more. Located 15 minutes from the NW FL. International Airport and Jimmy Buffet retirement community. There is an existing building, operated as a motel with 16 rooms, manager quarters, a shop, storage area, & metal building. In 2014: new roof, electrical, plumbing, tankless hot water heaters, sheetrock, foam insulation and more. Also includes a swimming pool, recently renovated in Oct, 2019.