Urban Development Land in Santa Elena Panama City – 1,706 m²
$1,500,000
Description
Urban Development Land in Santa Elena Panama City – 1,706 m²
Urban Development Opportunity • Mixed-Use Zoning • Strategic Location
Investment Property • High Connectivity • Growth Potential
This land parcel is located on Avenida Santa Elena, Panama City, within a well-connected urban area offering convenient access to key routes such as Vía España, Vía Porras, Chanis, and Costa del Este. Its location provides excellent connectivity to both residential and commercial districts, as well as quick access to the Corredor Sur.
The property offers a total land area of 1,706 m² (approximately 18,363 sqft), with a frontage of 32.50 linear meters and a depth of 52.50 linear meters, providing a well-proportioned lot suitable for development.
The land is zoned ZM5 (Mixed-Use Medium Intensity Zone), allowing for a variety of development options including residential, commercial, or mixed-use projects, depending on planning and design strategies.
Its scale and zoning provide flexibility for developers seeking to capitalize on urban growth, making it suitable for mid-density residential buildings, commercial spaces, or integrated mixed-use concepts.
The property’s strategic location and accessibility position it as a strong opportunity for investors looking for development land with solid long-term value in Panama City.