Build your coastal retreat just steps from the Gulf! This vacant lot is located on Crescent Drive in Panama City Beach and offers an excellent opportunity to build in an established beachside neighborhood only a short walk to the white-sand beaches and emerald waters of the Gulf of Mexico. Situated in an X flood zone and with no HOA fees, this property provides flexibility and cost savings for future construction. Surrounded by existing homes and newer builds, the lot is well-suited for a primary residence, second home, or investment opportunity. Builders and investors will appreciate the desirable location and development potential (buyer to verify zoning, setbacks, and intended use). Enjoy easy access to the beach, dining, shopping, and entertainment, all while being positioned on a quieter residential street. Vacant land this close to the beach—especially without HOA restrictions—is increasingly limited. Note: This lot adjoins another separately listed parcel, creating a potential opportunity for a larger homesite or dual build (buyer to verify feasibility). All information is deemed reliable but should be verified by the buyer.