Under contract taking back up offers. New Investment Alert! Close to the Gulf and new Margaritaville luxury properties!This unique property presents a rare opportunity for buyers/developers looking to invest in a prime location on the Gulf Coast. Located just minutes from the world-renowned beaches of Panama City Beach, this spacious lot has ample room for development. The property owner will sub-divide from 408 Azalea to meet the specific needs of the buyer, providing flexibility for those looking to create their dream space. One important aspect to note is that there are currently buildings on the property that will need to be removed before sub division/construction can begin.