Attention all investors and entrepreneurs - this property is a real game-changer! Boasting a coveted High Intensity Commercial zoning designation in the heart of Panama City Beach. Perfect location for retail space or multifamily. Imagine the potential to build a commercial business or residential or multi-family property of your dreams. And with short term rentals permitted, you can maximize your investment by generating income year-round. What's more, this property is located in a highly desirable area with lots of visibility and new development happening all around, ensuring a bright future for your investment. And with no HOA to worry about, you'll have the freedom to make your vision a reality. And let's not forget the unbeatable location - just a 9-minute walk to the beautiful beaches.