MARBELLA DEVELOPMENT SITE, FL

Description

Prime income-producing development opportunity located in Marbella, Panama City’s financial district. This 774.38 m² site with 1ZM6 zoning permits up to a 15-story residential tower ideal for short-term rental operations. Existing 2,027 m² structure currently generates approximately $267,600 annual gross income from 10 rental units including luxury residence, independent triplex, and modern apartments. Strategic hold-and-develop opportunity offering immediate cash flow with substantial long-term redevelopment upside. Walkable location near Casco Viejo, Multiplaza Mall, hospitals, financial institutions, and Tocumen International Airport. One of the few remaining high-density development opportunities in Marbella with Airbnb-friendly positioning.

This home located at MARBELLA DEVELOPMENT SITE, FL is currently for sale and has been available on Brickellsold for 1 day. This property is listed at $6M. It has N/A beds, N/A bathrooms, and is N/A square feet. MARBELLA DEVELOPMENT SITE, FL county OUTSIDE of Florida.