Waterfront
Address
1025 Hwy 2297 Panama City, FL
Price
$ 5,500,000
Property Attributes
  • MLS#699160
  • TypeLand
  • CountyBAY
  • CityPanama City
  • Area05 - Bay County - East
  • NeighborhoodNo Named Subdivision
  • Zip32404
  • StyleVacant Land
  • Price$ 5,500,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size257 Acres
Listing Provided Courtesy Of:
NAI TALCOR
Property Description

Waterfront Development opportunity with access to East Bay and the Gulf of Mexico. With over 5,600 FF on Cook's Bayou, the property has a mixture of Oaks, Magnolia and Pines. +/- 150 upland acres located on a bluff along the waterfront. The majority of the uplands is Zone X or outside of the 500 year flood zone. The property is zoned Conservation Habitation at 2 units per acre or 514 units. Cook's Bayou Bridge has been raised to 9'6''. An upland cut marina with slips, docks and dredging could be entitled as part of the development. Located near Eastern Shipbuilding recently awarded a $10.5B US Coast Guard contract, 20 minutes from Tyndall AFB which is being rebuilt post hurricane with an expanded mission resulting

Elementary School Middle School High School
Callaway Elementary School Everitt Middle School Rutherford High School
Price History
7/2/2020 Listed $5,500,000

General Features

Community/resort None
Financing Cash, Conventional
HOA Fee No
Present Zoning Other - See Remarks
Project Facilities Fishing, Waterfront
Property Type C
Sub Area 0516 - Bay East - Sandy Creek/East Callaway Heights
Sub-Type Vacant Land
Utilities Electric, Internet - Broadband Available, Public Sewer Available, Sewer Available

Exterior Features

Acreage 257.00
Lot Access Paved Road, State Highway
Lot Description Waterfront, Within 1/2 Mile to Water
Lot Dimensions Irregular
Waterfront Yes
Waterfront Feature Shore - Natural
Waterview Bayou

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
$5.5M
Visits
AVG 27
61

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