000 PC BEACH Parkway, Panama City Beach, FL 32413

$5,100,000
Property Type: Commercial for Sale Lot Size (sq. ft.): 603,306 Status: Sold
Current Price: $5,600,000 List Date: 5/18/2020 Last Modified: 10/04/2024

Description

Prime development opportunity on west end of Panama City Beach zoned PUD. This 13.85 parcel has much of the road and utility infrastructure in place for 165 multifamily units including 45 townhomes. Parcel also contains approximately 3 acres designated for retail development in PUD plan.

More Information MLS# 679819

Location

Sub Area: 0324 – Beach – West Central Community/Resort: None Waterfront: No Elementary School: West Bay Middle School: Surfside High School: Arnold Directions: From US 98 and SR 79, Head west 4.7 miles to Kelly St. Parcel bordered by US 98 to the North and Kelly St to the West. Area: 03 – Bay County – Beach Street #: 000 Street Name: PC BEACH Street Suffix: Parkway State: FL Zip Code: 32413 County: Bay Subdivision: La Borgata Parcel ID: 35351-090-030 Legal Description: 4 3S 17W -1.10C- 13B2 COM AT NW COR OF LOT 234 RIVIERA BEACH 1ST ADD E 23.03′ FOR POB TH N 765.46′ SELY 49.45′ SELY 1778.34′ SELY 362.37′ WLY 768.08′ WLY 1271.04′ TO POB ORB 2253 P 6 LESS PRCLS #35351-090-010 & #35351-090-000 TOG/W & SUBJ TO ESMT ORB 2743 P 46

General Property Info

List Class: Lots/Land Site Dimensions: Irregular Acreage: 13.85 Construction Status: To Be Built Frontage Ft: 1150 SqFt Tot Bldg: 0 Lot Depth: 630 Year Built: 2007

Listing Info, Tax and Legal

HOA Fee: No

Remarks & Misc

Remarks: Prime development opportunity on west end of Panama City Beach zoned PUD. This 13.85 parcel has much of the road and utility infrastructure in place for 165 multifamily units including 45 townhomes. Parcel also contains approximately 3 acres designated for retail development in PUD plan.

Status Change Info

Sold Price/Acre: 368231.05 Status: Sold Under Contract Date: 2020-11-21 Sold Date: 2021-03-12 Sold Price: $5,100,000

Financing

Cash: 1 Conventional: 1

Utilities

All Utilities: 1

Land

Property Type: Multi-Family

Site Description

Improved Lots: 1

Transport. Access

Divided Highway: 1 Median Cut: 1

Contract Info

List Date: 2018-01-16 List Price: $5,600,000 Current Price: $5,100,000 Sub-Type: Land

Property Features

Financing: Cash; Conventional Site Description: Improved Lots Utilities: All Utilities
Listing Office: ERA Neubauer Real Estate Inc
Last Updated: October – 04 – 2024
Information deemed reliable but not guaranteed.