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: $1,795,000 List Date: 6/12/2020 Last Modified: 2/27/2025

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.

More Information MLS# 698457

Contract Info

List Price/Acre: 16530.07 List Type: Exclusive Right of Sale List Date: 2020-06-02 List Price: $1,795,000 Current Price: $1,500,000 Sub-Type: Unimproved Commercial

Location, Tax & Legal

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 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

General Property Info

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

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.

Status Change Info

Sold Price/Acre: 13813.43 Status: Sold Under Contract Date: 2020-11-20 Sold Date: 2021-11-15 Sold Price: $1,500,000

Lot/Parcel Access

County Road: 1

Utilities

None: 1

TransportationAccess

County Road: 1 Paved: 1

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.