New
PRIME DEVELOPMENT LAND
$1,450,000
- 3 Rooms
- 6 Bathrooms
Description
Price: $1,450,000 | Land: 1,000 m²
Excellent investment opportunity along Vía Cincuentenario, strategically located in a highly visible and well-connected area of Panama City, with strong potential for residential, commercial, or mixed-use development.
One of the property’s most valuable features is its approved 1ZM7 zoning – High-Density Mixed-Use Zone, significantly expanding its development possibilities and making it particularly attractive to developers and investors.
With its location, dimensions, and existing zoning, the property offers excellent potential for a high-density residential development, as well as other uses permitted under current regulations.
The property currently includes an existing residence, providing additional flexibility for investors who may prefer to reposition the property rather than undertake a new development. The existing structure could potentially be renovated or adapted for professional offices, educational facilities, commercial spaces, or other compatible uses, subject to applicable approvals.
Property Highlights
* Frontage on Vía Cincuentenario: Approx. 20 m
* Depth: Approx. 50 m
* Approved Zoning: 1ZM7 – High-Density Mixed-Use Zone
* Approx. 674 m² of existing built areas, with potential for renovation or adaptation to alternative uses.
* Excellent visibility and connectivity
* Potential for residential, commercial, or mixed-use development
A compelling investment opportunity combining strategic location, valuable high-density zoning, and development flexibility in an established area of Panama City.
Garage
Property details
- Property type
Commercial Space
- Rooms
3
- Bathrooms
6
Nearby properties
These homes might interest you
San Francisco, Panama City, Panamá Province, Panama
Prime Development Opportunity in San Francisco Panama Land
$1,700,000
Ciudad Radial, Panama City, Panamá Province, Panama
Hydroponic Powerhouse – Investment Opportunity in Panama
$1,700,000
- ~1,200 m² Living area
Panama City, Panamá Province, Panama
Development Opportunity in Historic Category 4 in the Heart
$1,590,000
- ~2,000 m² Living area
Panama City, Panamá Province, Panama
Unique Opportunity: Commercial Property in Casco Viejo
$1,500,000
- ~416 m² Living area
Panama City, Panamá Province, Panama
A Mixed-Use Building With Great Potential In Santa Ana Now
$1,500,000
- ~685 m² Living area
El Dorado, Panama City, Panamá Province, Panama
Commercial Office Building in Betania Panama City Hub
$1,500,000
Panama City, Panamá Province, Panama
Let’s Make History Together – Reach Out Now
$1,500,000
El Carmen, Panama City, Panamá Province, Panama
Commercial Building with 8,557 ft² in Prime Location
$1,500,000
- ~795 m² Living area
Obarrio, Panama City, Panamá Province, Panama
Commercial Building for Sale | Bella Vista
$1,400,000
San Francisco, Panama City, Panamá Province, Panama
Commercial Development Opportunity in San Francisco Panama
$1,350,000
Panama City, Panamá Province, Panama
Own a Historic Landmark in Casco Viejo Boutique Hotel or Luxury Residences? You Decide
$1,300,000
- ~852 m² Living area
Your shop
Engel & Völkers
Provider:
Green North Castle, S.A.
Privacy policy of content provider
License partner of Engel & Völkers Americas, Inc.