Development Land with Zoning Approved

Development Land with Zoning Approved

Development Land with Zoning Approved

For Sale

$2,395,000

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Year Built

na

Lot Size

0.283 acres 1145 m2
  • lot 00

Description

With High density zoning approved, this property is located near downtown Panama City, near the bay of Panama and famous Balboa Avenue, making it perfect for residential or commercial development.  

Based on the size and zoning, you can do a 114++ (depending on bonification) high rise, medical facility, or any other commercial project you can think of.  Area is surrounded by high end apartments, universities, and is on the mass transit line. One of the Metro station is just a block and half away.

There is an existing structure which was rented to a restaurant, now vacant which can generate income while planning your high rise or commercial development.

 

 

23-10b-2018

 

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