0 n/a, Panama City, FL 32404

$1,500,000
Property Type: Commercial Land Lot Size (sq. ft.): 4,730,180 Status: Sold
Current Price: $1,500,000 List Date: 6/12/2020 Last Modified: 2/27/2025

Overview

Description

Proposed residential subdivision near the vicinity of 231 just North of Panama City. Engineered to accommodate 183 detached single family homes. This is a prime opportunity to capitalize on the expanding residential needs of Bay County. Much homework has been done and includes engineered drawings that include wetland delineation.

Listing Details MLS# 698457

Location, Tax & Legal

Street Name
n/a
State
FL
Zip Code
32404
County
Bay
Area
05 – Bay County – East
Subdivision
[No Recorded Subdiv]
Parcel ID
05894-000-001
Legal Description
10 3S 13W -1A- 143D S1/2 OF N1/2 LESS W 13 CHAINS & LESS E 13.35 CHAINS ORB 3597 P 256
Sub Area
0515 – Bay East – Bayou George
Community/Resort
None
Waterfront
No
Elementary School
Tommy Smith
Middle School
Merritt Brown
High School
Rutherford
Directions
US 231 North to John Pitts Road then to Old Majette Tower Road. Entrance to property of SW corner at end of road.
HOA Fee
No

Contract Info

List Price/Acre
16530.07
Sub-Type
Unimproved Commercial
List Type
Exclusive Right of Sale

General Property Info

Acreage
108.59
Lot Size (SqFt)
4730180
Is Subject Leased
No

Status Change Info

Under Contract Date
2020-11-20
Sold Date
2021-11-15
Sold Price/Acre
13813.43

Remarks & Misc

Remarks
Proposed residential subdivision near the vicinity of 231 just North of Panama City. Engineered to accommodate 183 detached single family homes. This is a prime opportunity to capitalize on the expanding residential needs of Bay County. Much homework has been done and includes engineered drawings that include wetland delineation.

Lot/Parcel Access

County Road
Yes

More Information

Utilities

None
Yes

TransportationAccess

County Road
Yes
Paved
Yes

Property Features

TransportationAccess: County Road; Paved Utilities: None
Listing Office: Panama City Beach Properties
Last Updated: February – 27 – 2025
Information deemed reliable but not guaranteed.