Waterfront
Address
000 Allanton Road Panama City, FL
Price
$ 5,250,000
Property Attributes
  • 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

Property vs Zip Code Average in 32404

Price
AVG $190K
$5.25M
Taxes
AVG $657
$553
Visits
AVG 26
139

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