000 Jenks Avenue, Panama City, FL 32405

$773,000
Property Type: Commercial Land Lot Size (sq. ft.): 1,202,256 Status: Sold
Current Price: $1,300,000 List Date: 8/30/2016 Last Modified: 10/08/2024

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.

More Information MLS# 650016

Contract Info

List Price/Acre: 47101.45 List Date: 2016-08-26 List Price: $1,300,000 Current Price: $773,000 Sub-Type: Land/Acres

Location, Tax & Legal

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 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

General Property Info

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

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.

Status Change Info

Sold Price/Acre: 28007.25 Status: Sold Under Contract Date: 2017-09-12 Sold Date: 2017-10-20 Sold Price: $773,000

Existing Leases

Other – See Remarks: 1

Financing

Other – See Remarks: 1

Lot Features

Aerials/Topo Available: 1 Front Footage: 1 Interior Lot: 1 Need Fill: 1 Raw Acreage: 1 Survey Available: 1 Other – See Remarks: 1

Lot/Parcel Access

County Road: 1 Paved Road: 1 Other – See Remarks: 1

Present Zoning

City: 1 Multi-Family: 1 Other – See Remarks: 1

Project Facilities

Other – See Remarks: 1

Utilities

All Utilities: 1 Electricity – Connected: 1 Public Sewer – Connected: 1 Sewer Available: 1 Water Connected: 1 Water Available: 1 Other – See Remarks: 1

Sale Type

As Is: 1 Other – See Remarks: 1

TransportationAccess

2 – Lane: 1 County Road: 1 Paved: 1 Other – See Remarks: 1

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.