3,821 m² commercial land for sale Costa del Este

A 3,821.06 m² parcel offered at $7,260,014 presents a substantial development opportunity in Panama City. Its stated Commercial Urban C-2E zoning accommodates a broad mix of commercial and residential possibilities, making the site relevant to developers considering a larger-scale project. The zoning described for the property allows general commerce, offices, professional services, storage and merchandise distribution. It also permits multifamily residential development, either independently or alongside commercial space, as well as compatible light industry. The description cites a 2,000 m² minimum lot area, 35 m minimum frontage and 57 m minimum depth under the applicable zoning criteria; these are regulatory thresholds, not confirmed parcel dimensions. Height is determined according to RM3E density standards, with flexibility for adjoining at the first levels and setbacks. Water, electricity and paved access are listed. The surrounding area is described as including corporate centers, high-end residences, commercial centers, schools and universities, sports areas, green areas and major roads. At $1,900.00 per m², this land offers a clear starting point for evaluating a commercial, multifamily or mixed-use concept. Contact Casanova Realty to discuss the property and arrange further due diligence.