21806 Front Beach Road, Panama City Beach, FL 32413

Property Description

Two adjoining lots on Front Beach Road, offered at the same time by the same owner. This is 21806. The adjoining lot at 21802 Front Beach Road is listed separately. Take one or take both. Together the two parcels form one contiguous site of 0.384 acre with 111.3 feet of frontage on Front Beach Road and roughly 135 feet of depth. The two lots share a 135 foot common boundary. About 230 feet to the sand. WHAT YOU CAN BUILD HERE Zoning is SR-1 Seasonal Resort in unincorporated Bay County. This is the part to read twice. Under the Bay County Land Development Regulations, SR-1 permits single family, duplex, triplex and quadraplex, multifamily, condominium, bed and breakfast, hotel and motel, and rental beach houses and cottages. Those are permitted uses, not conditional ones. Height is allowed to 60 feet and density to 15 units per acre. A buyer can underwrite a lodging or multifamily project here without a rezoning, a comprehensive plan amendment, or a conditional use hearing. On this corridor that is the difference between a deal you can close on and a deal that waits on a public vote. Short term rental is a permitted use in SR-1. Not a variance, not a grandfathered exception. FLOOD ZONE X FEMA carries this parcel in flood zone X, an area of minimal flood hazard, with no base flood elevation. The Gulf side parcels across Front Beach Road sit in the mapped high hazard zones. Verify it early with your insurance agent, because on this corridor that gap goes straight to carrying cost. BUY ONE OR BUY BOTH Each lot independently exceeds the SR-1 minimum lot area of 5,000 square feet and the minimum lot width of 50 feet. Both are developable standing alone. So every option is open: take this one by itself, take both and develop as a single site, or take both and develop one while you hold the other. Combined, the setbacks yield a buildable envelope of roughly 96 feet by 99 feet. That is wide enough for one building with one shared parking field and one curb cut. Two separate 40 foot wide envelopes will not do that. It is where combining earns its premium. An existing single family home sits on the lot. Hold it, rent it nightly under SR-1, or clear it and build. LOCATION North side of Front Beach Road at the west end of Panama City Beach, in the Hollywood Beach subdivision. Gulf views across the road. This is not a Gulf front parcel. The block is not finished. Several nearby parcels on this stretch of Front Beach Road are carried on the tax roll as vacant, and the corner properties include commercial uses. This is a redevelopment block, and assembled frontage on Front Beach Road under a single owner does not reach the market often. An overhead site exhibit showing both lots, the combined dimensions and the road frontage is available on request. Buyer to independently verify zoning, density, permitted use, setbacks, flood zone and all development standards with Bay County Planning and Zoning, with the Florida Department of Environmental Protection as to any coastal permitting. Dimensions are approximate and scaled from Bay County GIS. Not a survey. No unit count is represented.