Panama City Beach - Beach Property For Sale #6845848

Rare development opportunity in the heart of Panama City Beach! This vacant parcel at 98 Treasure Circle spans 140x627 feet (2.015 acres / 87,000+ sq ft), This property is currently in R1 Single Family Residential Zone with the potential of updating the zone to reflect opportunities to offer townhome or multifamily infill development, a strategic land investment, or a custom luxury estate. Just minutes from the world-famous white sandy beaches, the property is surrounded by grocery stores, boutiques, restaurants, recreation, schools, and established neighborhoods-making it an ideal location for both builders and end-users. With strong market demand and limited land availability, this site is a standout opportunity for developers, investors, and luxury buyers alike.