3400m2 development-ready lot with tower permits in Coco del Mar Panama City near the ocean

Land parcel: Large flat development site in prestigious Coco del Mar with municipal tower approval.

Corner lot along Avenida Cincuentenario Coco del Mar ready for tower development Panama

Street/Facade: Street front exposure along main avenue perfect for retail component.

Panoramic shot of 3400m2 lot in Coco del Mar Panama City approved for high-rise tower

Land parcel: Wide lot space ideal for high-density vertical project.

Commercial land frontage on Avenida Cincuentenario Coco del Mar Panama development site

Street/Facade: Main avenue road frontage for ideal mixed commercial use.

Skyline views near development land Avenida Cincuentenario Coco del Mar Panama

View: Development site near luxury towers offering city and ocean views.

Aerial of Coco del Mar site with 37-story tower permits for sale Panama City

Aerial: Ideal high-rise development location close to the bay.

View of flat 3400m2 development parcel Coco del Mar Panama City tower approved

Land parcel: Level urban lot ready for residential and commercial mixed-use project.

Prestigious Coco del Mar ocean area 3400m2 land Panama City tower project approved

Neighborhood: Luxury development opportunity near oceanfront with all permits.

Land for Sale

3,400m2 Developer Ready Land Coco del Mar Panama

Coco del Mar, San Francisco, Panama City

USD5,991,000

3400.0 m² Area

About this Land

Prime investment opportunity with this 3,400 square meter lot located on Avenida Cincuentenario in upscale Coco del Mar, Panama City. The site enjoys mixed high density zoning (RM3 residential and C2 commercial), ideal for a residential high-rise with commercial retail. Already approved with permits from the municipality and fire department for a 37-level tower comprising apartments and penthouses. Includes environmental impact study. Exceptional location near luxury condominiums, oceanfront, shopping malls, hospitals, and new infrastructure. Listed at $5,991,000 ($1,762/m2), ready for your flagship tower project in one of Panama City’s most prestigious coastal districts. Contact Casa Nova Realty Panama today for details on this rare development-ready site.

Contact Maria Lopez at Casa Nova Realty Panama today to schedule a viewing! Reference Listing ID: 2MJQ5wX.

Key Features

Prime corner land parcel along Avenida Cincuentenario
3400m2 site with rectangular shape
Mixed-use zoning RM3/C2 for high-rise and commercial
Approved environmental impact study
Municipal approved 37-story residential tower with penthouses
Ideal for luxury condominium project or commercial mixed-use tower
Close proximity to key Panama City destinations

Detailed Features

Property Details

TypeLand

CategoryDevelopment

Size3400 m²

Lot Size3400 m²

FurnishedNo

Pets AllowedNo

Price/m²USD1,762.06 / m²

Listing ID2MJQ5wX

Community Amenities

Approved Multi-Tower Project

Municipal and Fire Department permits for 37-story residential building with penthouses.

High Density Zoning RM3

Permitted for residential high rise development.

Commercial High Intensity C2 Zone

Approved retail/commercial mix use.

Environmental Impact Study

EIA study completed and approved, ready for development.

Location & Nearby

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Neighborhood Highlights

Rapid access to downtown Panama City
Located along busy Avenida Cincuentenario avenue
Highly sought after upscale coastal neighborhood
Close to oceanfront luxury condos
Near shopping malls, restaurants and banking
Easy connection to Corredor Sur highway

Nearby Landmarks

Multiplaza Pacific Mall (1.5 km)
Corredor Sur Expressway (500m)
Hospital Punta Pacifica (1.8 km)
Coastal Beltway (Cinta Costera) (2 km)
Atlapa Convention Center (1 km)

*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: 2MJQ5wX. Last updated: 2025-11-07T23:59:00Z*