The lot is situated on one of Panama City's most important thoroughfares, Avenida Cincuentenario. The surrounding area is generally zoned for High-Density Residential (RM3) and High-Intensity Commercial (C2) use. The property comes with an approved development project—authorized by both the Municipality and the Fire Department—for a 37-story residential tower featuring standard apartment units and penthouses. An Environmental Impact Study is also available.

CP24-3420