000 Jenks Avenue, Panama City, FL 32405 (MLS# 650016)

000 Jenks Avenue, Panama City, FL 32405

$773,000

Property Type: Commercial Land Lot Size (sq. ft.): 1,202,256 Status: Sold

Current Price: $773,000 List Date: 8/30/2016 Last Modified: 10/08/2024

Overview

Description

GREAT DEVELOPMENT OPPORTUNITY – Great for Apartment Homes – Office – Medical – Senior Related Development. 27.6± Acres – 990± Ft. on Jenks Ave. (Eastside) by 1,220± Ft. Deep. Zoned High Density Residential (City of Lynn Haven). The site may be permitted to accommodate a 220± Unit Apartment Development. It is believed the Zoning (Land Use) can be changed to Mixed Use which would allow for a wide range of uses, as well as, Multi-Family. There is an 8 in. water line and a 4 in. Sewer Force Main on the rear of the property. The Traffic Count is 11,700 (FDOT 2014). Near and Centrally Located to Grocery, Retail, Restaurants, Medical Offices and Hospitals.

Listing Details MLS# 650016

Location, Tax & Legal

Street #: 000
Street Name: Jenks
Street Suffix: Avenue
State: FL
Zip Code: 32405
County: Bay
Area: 02 – Bay County – Central
Subdivision: [No Recorded Subdiv]
Parcel ID: 11740-200-000
Legal Description: Long Legal – 27.6± Acres; 990± SF Fronting Jenks Avenue (Eastside) by 1,220± Deep; Bay County Real Estate Parcel Number 11740-200-000
Sub Area: 0204 – Bay – Central NW
Business Name: NA
Community/Resort: None
Elementary School: Hiland Park
Middle School: Mowat
High School: Mosley
Directions: The property is located on Jenks Avenue (Eastside), One – Quarter Mile± South of 26th Street and One Half± Mile North of Baldwin Road
HOA Fee: No

Contract Info

List Price/Acre: 47101.45
Sub-Type: Land/Acres

General Property Info

Site Dimensions: 990 x 1,220
Acreage: 27.6
Frontage Feet: 990
Is Subject Leased: No

Status Change Info

Under Contract Date: 2017-09-12
Sold Date: 2017-10-20
Sold Price/Acre: 28007.25

Remarks & Misc

Remarks: GREAT DEVELOPMENT OPPORTUNITY – Great for Apartment Homes – Office – Medical – Senior Related Development. 27.6± Acres – 990± Ft. on Jenks Ave. (Eastside) by 1,220± Ft. Deep. Zoned High Density Residential (City of Lynn Haven). The site may be permitted to accommodate a 220± Unit Apartment Development. It is believed the Zoning (Land Use) can be changed to Mixed Use which would allow for a wide range of uses, as well as, Multi-Family. There is an 8 in. water line and a 4 in. Sewer Force Main on the rear of the property. The Traffic Count is 11,700 (FDOT 2014). Near and Centrally Located to Grocery, Retail, Restaurants, Medical Offices and Hospitals.

Existing Leases

Other – See Remarks: Yes

More Information

Financing

Other – See Remarks: Yes

Lot Features

Aerials/Topo Available: Yes
Front Footage: Yes
Interior Lot: Yes
Need Fill: Yes
Raw Acreage: Yes
Survey Available: Yes
Other – See Remarks: Yes

Lot/Parcel Access

County Road: Yes
Paved Road: Yes
Other – See Remarks: Yes

Present Zoning

City: Yes
Multi-Family: Yes
Other – See Remarks: Yes

Project Facilities

Other – See Remarks: Yes

Utilities

All Utilities: Yes
Electricity – Connected: Yes
Public Sewer – Connected: Yes
Sewer Available: Yes
Water Connected: Yes
Water Available: Yes
Other – See Remarks: Yes

Sale Type

As Is: Yes
Other – See Remarks: Yes

TransportationAccess

2 – Lane: Yes
County Road: Yes
Paved: Yes
Other – See Remarks: Yes

Property Features

TransportationAccess: 2 – Lane; County Road; Paved; Other – See Remarks Existing Leases: Other – See Remarks Financing: Other – See Remarks Lot Features: Aerials/Topo Available; Front Footage; Interior Lot; Need Fill; Raw Acreage; Survey Available; Other – See Remarks Project Facilities: Other – See Remarks Sale Type: As Is; Other – See Remarks Utilities: All Utilities; Electricity – Connected; Public Sewer – Connected; Water Connected; Sewer Available; Water Available; Other – See Remarks Present Zoning: Multi-Family; Other – See Remarks

Listing Office: Counts Real Estate Group

Last Updated: October – 08 – 2024

Information deemed reliable but not guaranteed.