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- MLS#680778
- TypeLand
- CountyBAY
- CityPanama City
- Area05 - Bay County - East
- Neighborhood[No Recorded Subdiv]
- Zip32404
- StyleLand/Acres
- Taxes553
- Price$ 5,250,000
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Lot Size167 Acres
Listing Provided Courtesy Of:
Full Sail Realty, LLC
Property Description
Zoning is 2 units per acre. This serene piece of pristine coastline covers 167 acres in Panama City, Florida, with its approx. 7200 ft (1.3 miles) of shoreline on the Intercoastal Waterway. Located a leisurely boat ride away from the Gulf of Mexico, in the East Bay area, this tract of land is ideal for a waterfront community. This amazing parcel of land is one of the best and most stunning pieces of land with deep water accessibility left in Panama City, Florida with huge potential for development. There are engineering and feasibility studies completed in the past and this property could have 173 up to 232 lots per these studies. There is a complete packet of information on file, along with survey, wetland delineations, and lots of photos. Property currently zoned two units per acre.
Elementary School | Middle School | High School |
---|---|---|
Callaway Elementary School | Everitt Middle School | Rutherford High School |
Price History | |
---|---|
2/27/2019 | Listed $9,500,000 |
6/21/2019 | 34% - $6,325,000 |
3/16/2020 | 6% - $5,950,000 |
10/20/2020 | 12% - $5,250,000 |
General Features
Community/resort | None |
---|---|
Farm Info | Wooded |
Financing | Cash, Conventional |
HOA Fee | No |
HOA Frequency | None |
Present Zoning | County |
Project Facilities | Waterfront |
Property Type | C |
Section | 16 |
Sub Area | 0516 - Bay East - Sandy Creek/East Callaway Heights |
Sub-Type | Land/Acres |
Utilities | Electric, Private Well - Needed, Septic - Needed |
Interior Features
Range | 12W |
---|
Exterior Features
Acreage | 167.00 |
---|---|
Beach Frontage | 7188.00 |
Lot Access | County Road, Dirt/Clay Road, Graded/Maintained |
Lot Description | Flood Plain, Raw Acreage, Survey Available, Waterfront, Wetlands, Wooded |
Lot Dimensions | irregular |
Waterfront | Yes |
Waterfront Feature | Shore - Beach, Shore - Natural |
Waterview | Bay, Intercoastal Waterwy |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Master On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool