Two-story yellow mid-century structure with louvered windows on 900 sqm development land in El Cangrejo Panama City

Exterior: Existing building facade suitable for renovation or redevelopment

Urban street frontage of 900 sqm development site with mid-century facade El Cangrejo Panama

Exterior: Street view showing potential for commercial storefront

High intensity mixed zoning map highlighting El Cangrejo development land Panama City

Aerial Map: Zoning map for development planning showing flexible mixed uses

Lush garden space with mature trees on 900 sqm El Cangrejo land Panama City

Exterior Garden: Mature shade trees and green space ready for development

Facade with parking area and fence surrounds 900 sqm development land El Cangrejo Panama

Street View: Good street access and boundary fence visible

Land for Sale

900m² Development Land in El Cangrejo ZM7 Mixed Use Panama

El Cangrejo, Bella Vista, Panama City

USD1,500,000

About this Land

Prime 900 m² development-ready land in vibrant El Cangrejo with coveted high-density ZM7 zoning, ideal for vertical residential, commercial or mixed-use mid-rise/high-rise project. Flat lot featuring street frontage along Calle La Casa de La Carne, currently with a small mid-century 2-story building ready for renovation or demolition. Surrounded by cafes, supermarkets, universities, Parque Andrés Bello and near Obarrio district. Great investment in Panama City’s most sought-after cosmopolitan neighborhood with strong rental demand. Potential for tower up to 20 floors, mixed commercial base with apartments or offices above. Contact Casa Nova Realty Panama to explore Panama’s best urban infill opportunity.

Contact Maria Lopez at Casa Nova Realty Panama today to schedule a viewing! Reference Listing ID: 4ovLBRv.

Key Features

Flat buildable terrain
Existing small building can be reused or cleared
ZM7 mixed high-intensity zoning for residential-commercial
Ideal for apartment-condo tower, hotel, offices, or retail plaza
Lush greenery with mature trees
Prime El Cangrejo location near metro, parks, universities
Excellent street visibility, access and central location

Detailed Features

Property Details

TypeLand

CategoryDevelopment Land

Lot Size900 m²

FurnishedNo

Pets AllowedNo

Listing ID4ovLBRv

El Cangrejo Mixed-Use Development Site Amenities

Zoning ZM7

Permits residential, commercial, cultural, institutional, and mixed developments up to high intensity.

Existing 2-story structure

Mid-century style building can be renovated or cleared.

Fenced boundaries

Secured with perimeter fencing.

Mature trees & landscaping

Green areas offering shade and urban appeal.

Street frontage

Good visibility and vehicle access.

Potential for underground or multi-story parking

Meets zoning flexibility requirements.

Location & Nearby

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Neighborhood Highlights

High-density mixed-use zoning (ZM7)
Lots of international restaurants along Via Argentina
Walking distance to Parque Andrés Bello
Close to coffee shops, pharmacies, supermarkets, and entertainment
Popular cosmopolitan neighborhood with vibrant nightlife
Adjacent to Obarrio business district
Easy Metro & bus transit access

Nearby Landmarks

Parque Andrés Bello (200m)
Via Argentina Metro Station (400m)
Universidad de Panamá (1 km)
Supermercado Rey (300m)
Obarrio Business District (750m)

*Disclaimer: Property information is deemed reliable but not guaranteed and should be independently verified. Availability, price, and details are subject to change. Measurements are approximate. Listing ID: 4ovLBRv. Last updated: 2025-11-07T23:59:00Z*