This property is located in one of the most prestigious areas of Panama City. Located just one block off of Beach Drive in the St. Andrews Garden Club area, it's an excellent location for investment. You can jog along the beach in the mornings or stroll along St. Andrews Bay at sunset. Two miles west is the quickly redeveloping community of St. Andrews, several blocks west, downtown Panama City. The value of this property is priced as residential homesite only, however the existing home is solid and can be easily improved for your residence or for rental, a great way to hold the lot while waiting to or build your dream home when the time is right. The lot size is 105 x 170 feet and includes a 1840 SF home which has been vacant and in need of work. Home could be easily restored to livable condition.