
Callaway Development Site
918 North Tyndall Parkway, Panama City, FL, 32404, US
13.68 公頃
Jones Lang LaSalle (“JLL”) is pleased to exclusively offer the opportunity to acquire the fee simple interest in 717 S Collier (the “Property” or “Site”), a rare 1.17-acre entitled development site in Marco Island, FL. Strategically positioned across the street from Marco Island’s pristine beach, the Site offers immediate access to key demand drivers including world-class resorts, retail destinations, and natural wonders such as the Gulf of Mexico and the Ten Thousand Islands.
717 S Collier is fully-approved for an upscale mixed-use project with sweeping ocean views featuring 14 ultra-luxury residential units averaging over 2,000 SF, two rooftop restaurants, and 252 covered parking spaces across a 5-story structure. The Site is nearly shovel-ready and permits are in-place (95% completed) with only a few remaining comments from the municipality requiring approval. All related documents are available through JLL’s online document center. Flexible zoning provides a diverse set of alternative development opportunities including commercial uses, mixed-use, or other creative concepts.
The Site also benefits from significant in-place parking cash flows, which grossed $23.6k in revenue in December 2025, and functions as one of the Island’s only publicly-accessible lots offering 80 parking spaces with the ability to expand to a maximum of 110 spaces.
As one of the last remaining vacant parcels available for development on Marco Island, 717 S Collier represents a truly irreplaceable investment opportunity.
