Multifamily allowed! Build your dream coastal retreat or investment property at 2526 Shady Oak Court, a prime vacant lot tucked away in the desirable North Lagoon area of Panama City Beach. Situated on a quiet cul-de-sac, this versatile homesite presents an exceptional opportunity for a custom single-family residence or multifamily development, making it ideal for both homeowners and investors alike. Perfectly positioned just minutes from the white-sand beaches of the Gulf, this property offers the ideal balance of privacy and convenience. Enjoy easy access to St. Andrews State Park, nearby marinas, public boat launches, waterfront dining, shopping, and all the attractions that make beachside living so desirable. With the potential for multifamily construction, this lot offers an excellent opportunity for long-term rental income, multi-generational living, or maximizing your investment in one of Panama City Beach's most sought-after locations. Nestled in an established neighborhood surrounded by beautiful homes, this is a rare chance to secure land with flexibility and strong future potential. Whether you're looking to build your primary residence, vacation getaway, or income-producing property, this lot offers endless possibilities in the heart of Panama City Beach. Don't miss your opportunity to create something special in a location where lifestyle and investment potential come together.