7 Acres in the Heart of Panama City Beach located across from Signal Hill Golf Course. Prime location for a hotel, multifamily development or resort. Almost 900 feet along North Lagoon, you are less than 1500 feet to the beach. This property is located in the Tourist District and is zoned Commercial High Intensity. The property can be developed for up to 200 hotel rooms or 74 townhome units. Conceptual Renderings are available. Topo and Boundary Survey on File.