$2,000,000

Estimated payment $12,656/month

0.46 Acre
$4,347,826 Price per Acre
20,038 Sq Ft Lot

About This Lot

Exceptional opportunity to own a high-visibility corner lots at Hwy 98 and Malaga Place on the highly desirable west end of Panama City Beach. Zoned Plaza Commercial, this property is ideal for retail, office, restaurant, or mixed-use development. Located in the #2 fastest-growing metro in the United States, the site offers strong traffic exposure on busy Panama City Beach Parkway and is surrounded by rapid residential and commercial growth. With rare corner frontage providing maximum visibility and access, this parcel is perfectly positioned for investors or businesses seeking a premier PCB location.

Listing Agent

Kelly Killick

EXP Realty LLC License #3555354 Listed on: 09/04/2025

EXP Realty LLC

Property Details

Property Type

  • Land

Lot Details

  • 0.46 Acre Lot
  • Lot Dimensions are 200x90x200x90
  • Property fronts a highway
  • Corner Lot
  • Cleared Lot
  • Property is zoned Commercial

Schools

  • West Bay Elementary School
  • Surfside Middle School
  • Arnold High School

Community Details

  • Laguna Beach 3Rd Addn Subdivision

Listing and Financial Details

  • Assessor Parcel Number 37892-020-000

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Property Sub Type: Vacant Land
  • Prop. Type: Land
  • Lot Size Acres: 0.46
  • Lot Size: 200x90x200x90
  • Road Frontage Type: County Road, US Highway
  • Subdivision Name: LAGUNA BEACH 3RD ADDN
  • Directions: HEADING WEST ON HWY 98 THE PROPERTY IS ON THE RIGHT. ON THE CORNER OF MALAGA PL AND HWY 98.
  • Utilities Electric: Yes
  • Utilities:Sewer Available: Yes
  • Utilities:Public Water: Yes
  • Special Features: RealEstateOwned

Exterior Features

  • Lot Features: Cleared, Corner
  • Lot Features:Cleared: Yes
  • Lot Features:Corner: Yes

Utilities

  • Utilities: Electric, Public Water, Sewer Available

Schools

  • Elementary School: West Bay
  • High School: Arnold
  • Middle Or Junior School: Surfside

Lot Info

  • Lot Size Sq Ft: 20037.6
  • Parcel #: 37892-020-000
  • Zoning: Commercial

Map

Range of Values:

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ICE

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Average Value
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List Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/04/2025 09/04/25 For Sale $2,000,000 -- --
Source: Emerald Coast Association of REALTORS®

Source: Emerald Coast Association of REALTORS®

MLS Number: 984687

Emerald Coast Association of REALTORS®