Sand Dollar Estates Land for Sale

Sand Dollar Estates Land for Sale

Welcome to Sand Dollar Estates, a hidden gem nestled in the sun-kissed shores of Panama City Beach, Florida. This charming subdivision is a haven for those seeking a serene coastal lifestyle, where the gentle sound of waves meets the warm embrace of the Florida sun. With its prime location in Bay County, Sand Dollar Estates offers residents easy access to the stunning white sandy beaches that have made Panama City Beach a beloved destination.

Imagine waking up each day to the smell of salt in the air and the sound of seagulls overhead. This vibrant community is not just about picturesque views; it’s about creating a lifestyle that embodies relaxation and adventure. Sand Dollar Estates is perfect for families, retirees, and anyone in between who desires a peaceful retreat while still being close to the action. With nearby attractions like local shops, restaurants, and outdoor activities, you’ll never run out of things to do.

Currently, there are fantastic land parcels available for sale in Sand Dollar Estates, offering you the opportunity to build your dream home in this idyllic setting. These lots come with ample space to design a residence that reflects your personal style, whether it’s a cozy beach cottage or a modern architectural masterpiece. The community also boasts well-maintained roads and utilities, making it a breeze to develop your perfect sanctuary.

Don’t miss your chance to invest in a slice of paradise at Sand Dollar Estates. Embrace the coastal lifestyle you’ve always dreamed of and make Panama City Beach your forever home!

Newest Sand Dollar Estates Land for Sale

$549,000
795231 MLS
ATTENTION FLORIDA INVESTORS & DEVELOPERS -- 3.69± ACRES NEAR THE BEACH, PIER PARK & PIRATES VOYAGE ATTENTION FLORIDA INVESTORS AND DEVELOPERS! Here is an opportunity to secure approximately 3.69 contiguous acres in one of Panama City Beach's quickly growing corridors--less than one mile from the beach and near Pier Park, Panama City Beach Parkway and Dolly Parton's Pirates Voyage Dinner & Show. Three adjoining parcels are being offered together for $549,000. The property has a Residential future land-use designation and current Bay County R-2 zoning, creating potential for a residential subdivision, townhome community or other residential development concept, subject to governmental approval and development requirements. Here are the numbers: recent nearby 0.07-acre residential lots sold for approximately $52,500 to $55,000, averaging about $53,333 per lot. At a conservative future retail value of $50,000 per finished lot, a conceptual 26-lot development would represent approximately $1.3 million in gross lot sales. A conceptual 31-lot development would represent approximately $1.55 million, while 36 lots could represent approximately $1.8 million in gross sales. These figures are illustrations only and are not representations of an approved lot count or guaranteed return. Actual yield and profitability will depend on zoning requirements, density, lot dimensions, access, roads, utilities, drainage, stormwater, wetlands, floodplain conditions, permitting and development expenses. Develop now or hold while continued residential, commercial and tourism investment expands throughout the Panama City Beach corridor. Large contiguous tracts this close to the Gulf and major attractions are increasingly difficult to find. Portions of the property appear to be within FEMA Flood Zone A. Buyers should complete independent due diligence and verify zoning, allowable density, flood designation, wetlands, utilities and suitability for their intended use.

641 Malaga Place, Panama City Beach

Listing courtesy of Performance Realty.

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