Land in Panama - El Cangrejo, Panamá[PA]

003244012058 - PRIME DEVELOPMENT OPPORTUNITY IN EL CANGREJO – VIA ARGENTINA AREA - El Cangrejo, Bella Vista – just half a block from Via ArgentinaAsking Price: USD 990,000Exceptional corner opportunity in one of the most strategic and sought-after locations in Panama City.This property sits on a 990 m² lot (approximately 10,656 sq. ft.) with RM2 zoning, offering outstanding redevelopment potential for investors, developers, educational institutions, healthcare operators, or mixed-use concepts.Currently improved with an existing multi-level structure consisting of FOUR APARTMENTS plus commercial and operational areas, making it suitable for immediate use while planning future development.PROPERTY HIGHLIGHTS:Lot Size: 990 m² | Approx. 10,656 sq. ft.Existing enclosed construction: approx. 5,302 sq. ft.RM2 ZoningHalf a block from Via ArgentinaLocated in the heart of El CangrejoExcellent accessibility and visibilityHigh-demand residential and commercial areaOne of the best price-positioned opportunities in the zoneIDEAL FOR:• Residential tower development• Boutique apartment project• Medical center or small hospital• Educational institution or academy• Corporate offices• Senior living concept• Wellness center or clinic• Mixed-use redevelopment• Airbnb or serviced apartment conceptThe existing infrastructure already includes multiple independent areas, parking spaces, offices, apartments, and operational sections, significantly increasing the flexibility of the asset.A rare opportunity to acquire a large parcel with development zoning in one of Panama City's most established urban neighborhoods.SEO WORLDSDevelopment land for sale Panama CityEl Cangrejo investment propertyCommercial property Panama CityRM2 zoned property PanamaMixed-use development opportunityLand for residential tower developmentRedevelopment site Panama CityPrime real estate investment PanamaProperty near Via ArgentinaUrban development opportunity Panama City