000 HIGHWAY 20 Highway, Chipley, FL 32428 (MLS# 390787)

000 HIGHWAY 20 Highway, Chipley, FL 32428

$2,500,000

Property Type: Commercial Land Lot Size (sq. ft.): 27,399,240 Status: Sold

Current Price: $2,500,000 List Date: 5/04/2015 Last Modified: 10/08/2024

Overview

Description

629 acres of high and dry land with a +/- 90 acre spring-fed lake (a/k/a Cogburn Pond, Compass Lake, or Lake Helen). The 90 acre lake has an old plat that includes 146 single family lots with 10 acre tracts making up the rest of the property. The spring fed, limestone lake is over 60 feet deep and ringed with large oak trees. The current zoning allows for one unit per ten acres. Rezoning and additional infrastructure could achieve a much higher density. 100′ ROW easement from Hwy 20. The location, access and features of this large tract allow for many potential recreational and development opportunities. Call today to setup a tour of this North Florida paradise.

Listing Details MLS# 390787

Location, Tax & Legal

Street #: 000
Street Name: HIGHWAY 20
Street Suffix: Highway
State: FL
Zip Code: 32428
County: Washington
Area: 10 – Washington County
Subdivision: Crystal Lake
Parcel ID: 00000000-00-4156-0000
Legal Description: Long Legal Washington County Parcel ID#'s 00000000-00-4156-0000 629 Acres
Sub Area: 1003 – Washington SW
Business Name: Name
Community/Resort: None
Waterfront: Yes
Section: 26
Township: Yes
Directions: North on Highway 77 from Panama City to Highway 20. West (Left) on Highway 20 approximately one mile. Property located on the North side of Hwy 20.
HOA Fee: No

Contract Info

List Price/Acre: 5564.39
Sub-Type: Land/Acres

General Property Info

Acreage: 629
Frontage Feet: 100
Is Subject Leased: No

Status Change Info

Under Contract Date: 2015-11-19
Sold Date: 2016-07-13
Sold Price/Acre: 3974.56

Waterfront Feature

Waterfront Feet: 1000

Remarks & Misc

Remarks: 629 acres of high and dry land with a +/- 90 acre spring-fed lake (a/k/a Cogburn Pond, Compass Lake, or Lake Helen). The 90 acre lake has an old plat that includes 146 single family lots with 10 acre tracts making up the rest of the property. The spring fed, limestone lake is over 60 feet deep and ringed with large oak trees. The current zoning allows for one unit per ten acres. Rezoning and additional infrastructure could achieve a much higher density. 100' ROW easement from Hwy 20. The location, access and features of this large tract allow for many potential recreational and development opportunities. Call today to setup a tour of this North Florida paradise.

More Information

Farm Info

Utility Building: Yes

Financing

Cash: Yes
Conventional: Yes
Seller Financing: Yes

Lot/Parcel Access

Paved Road: Yes

Present Zoning

Agriculture: Yes
County: Yes

Utilities

Electricity – Connected: Yes

Waterview

Lake: Yes

Waterfront Type

Lakefront: Yes

TransportationAccess

Paved: Yes
Unpaved: Yes

Property Features

TransportationAccess: Paved; Unpaved Farm Info: Utility Building Financing: Cash; Conventional; Seller Financing Utilities: Electricity – Connected Waterfront Type: Lakefront Present Zoning: Agriculture; County Waterview: Lake

Listing Office: NAI TALCOR

Last Updated: October – 08 – 2024

Information deemed reliable but not guaranteed.