Aerial view of a property outlined in red with a red pin, located on Santa Elena street, near Jardin de Paz cemetery.

Mixed-Use Development Lot for Sale in Parque Lefevre

$396,000

Description

Mixed-Use Development Lot for Sale in Parque Lefevre, Panama City This is a rare opportunity to acquire a 600 m² (approx. 6,458 sq. ft.) lot in the well-established neighborhood of Parque Lefevre, one of Panama City’s most centrally located and accessible areas. With mixed-use zoning that allows for both commercial and residential development, this property offers exceptional flexibility for investors and developers seeking a versatile project in a growing urban market. Strategically positioned near major thoroughfares such as Vía España, Avenida Cincuentenario, and Corredor Sur, the site ensures easy connectivity to key districts including San Francisco, Costa del Este, Obarrio, and downtown Panama City. The area is surrounded by supermarkets, banks, pharmacies, schools, restaurants, and essential services, making it highly attractive for future residents and businesses alike. The land is ideal for a range of development concepts—whether it’s a mid-rise apartment building with commercial storefronts on the ground floor, a medical center, retail plaza, or even a combination of office and residential space. Demand for centrally located, functional developments in Parque Lefevre has been rising steadily, driven by its affordability, accessibility, and growing appeal among urban dwellers and professionals. Parque Lefevre offers the best of both worlds: it’s a quiet, traditional neighborhood that still maintains a strong community identity, while also evolving into one of the city’s most promising redevelopment corridors. Its central location and flexible land use make it a smart choice for real estate development, whether for income-generating properties or long-term capital appreciation. This is a chance to be part of the next wave of urban transformation in Panama City. With its mixed-use zoning and strategic positioning, this 600 m² lot offers the ideal footprint for a high-impact, profitable project in a neighborhood where demand is only set to grow.
engel & völkers shop image

Engel & Völkers

Your advisor: Fanny Valdes

Property ID: AM-5085497

Property details
  • Object type

    Land

    Contact the provider

    Get more information about this property

    I agree with the processing of my data for the purpose of searching for properties and being contacted by Green North Castle, S.A.. If I provide my telephone number, I also consent to being contacted by telephone. My above data may be passed on to a suitable local license partner from the Engel & Völkers Group for the purpose of establishing contact.

    You can find out in detail which data Green North Castle, S.A. stores, what rights you have in this context, and how to revoke your consent for the future at any time in the privacy policy.

    Nearby properties

    These homes might interest you

    Your shop

    Engel & Völkers

    engel & völkers shop image

    Provider:

    Green North Castle, S.A.

    Privacy policy of content provider

    License partner of Engel & Völkers Americas, Inc.

    wavy pattern