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Prime Development Land

Coco del Mar

Panama City, Panamá Province, 0801, Panama

Property ID: #15431836 // Land
    / 2
Traditional Sale
List Price:
USD $1,450,000
Icon - ft²
Icon - acres
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Title:
Prime Development Land
Address:
Coco del Mar
City:
Panama City
State, Province or Island:
Panamá Province
Zip Code:
0801
Country:
Panama
Property Type:
Land
Additional Property Types:
Land
Data Source:
Properstar
Listing Link:
Click Here
MLS/Reference Number(s):
119908057
Source Property Type:
PlotOfLand

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Property Information

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.

Source Disclaimer

Information herein is deemed reliable but not guaranteed and is provided exclusively for consumers personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This content last updated on 2026-09-25 18:02:19. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.

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