0 Highway 2297Panama City, FL 32404

This exceptional investment opportunity encompasses 55.8 acres of prime real estate in Panama City, Florida, within the Sandy Creek Air Park. The property includes a fully entitled platted subdivision featuring 27 parcels, with 17 air park lots (13 directly on the runway), catering to aviation enthusiasts. A significant 29.5-acre parcel offers substantial expansion potential, conveniently located off Hwy 2297. The air park boasts a 3200-foot paved runway equipped with lights and a beacon for night operations. The community comprises 94 residential homesites and three commercial lots, each with direct taxiway access and underground utilities. The Sandy Creek Airpark Owners Association diligently maintains the runway, roads, and taxiways, while an Architectural Control Committee ensures consistent construction quality. A public boat ramp, just two miles away, provides additional recreational access. This development presents a unique blend of residential and commercial opportunities within a thriving aviation community, offering significant potential for growth and return on investment. The property is zoned residential and is owned by Sandt Creek Air Park Holdings, LLC. The asking price is $1,519,000. The property is located at Hwy 2297, Panama City, FL 32404. The airpark uses Multicom Frequency 122.9 (designator 75FL) for communication.