0000 WILKINSON Avenue, Panama City Beach, FL 32408 (MLS# 666946)

0000 WILKINSON Avenue, Panama City Beach, FL 32408

$4,900,000

Property Type: Residential Land Lot Size (sq. ft.): 1,122,106 Status: Sold

Current Price: $4,900,000 List Date: 5/12/2021 Last Modified: 10/01/2024

Overview

Description

The information is provided to evaluate a purchase of the 25.76 acres located in the heart of Panama City Beach: Property is currently zoned R-5 Residential Multi-Family with 15 units per acre. Height restriction is 100′; The Property has been cleared and numerous loads of fill applied; There are NO wetlands on the property. All of the property is usable; A recent elevation survey was completed showing the property at 1 foot above the base flood level. Public water and sewer are available to the property; The parcel is basically rectangular in shape; The property is located 1/2 mile from the Thomas Drive Fly-over and Front Beach and Back Beach Road Intersection—-One of the last large available parcels on Panama City Beach!!! SELLER IS OFFERING FINANCING WITH FAVORABLE TERMS!

Listing Details MLS# 666946

Contract Info

List Price/Acre: 190217.39

Location

Street #: 0000
Street Name: WILKINSON
Street Suffix: Avenue
Area: 03 – Bay County – Beach
State: FL
Zip Code: 32408
County: Bay
Sub Area: 0319 – Beach – East
Subdivision: No Named Subdivision
Community/Resort: None
Waterfront: No
Parcel ID: 27860-000-000
Elementary School: Breakfast Point
Middle School: Breakfast Point
High School: Arnold
Directions: After crossing the Hathaway Bridge, veer left on Front Beach Road approximately 1/4 mile past Chinatown to Wilkinson Ave. Turn left at Wilkinson. Property begins at the end of Wilkinson Ave. It is the cleared land.
Legal Description: 32 3S 15W 26A M/L -7- 57D LOT 5 ORIG LESS PCL & RW ORB 1008 P 1882 ORB 1629 P 846 ORB 1925 P 599 ORB 2255 P 1408

General Property Info

Sub-Type: Vacant Land
Lot Dimensions: 911 x 1272
Acreage: 25.76
Lot Size (SqFt): 1122106

Status Change Info

Under Contract Date: 2021-06-15
Sold Date: 2022-11-09
Sold Price/Acre: 190217.39

Listing Info, Tax & Legal

HOA Fee: No
Last Taxes: 13345
Last Tax Year: 2017
As Is: Yes

Remarks & Misc

Remarks: The information is provided to evaluate a purchase of the 25.76 acres located in the heart of Panama City Beach: Property is currently zoned R-5 Residential Multi-Family with 15 units per acre. Height restriction is 100'; The Property has been cleared and numerous loads of fill applied; There are NO wetlands on the property. All of the property is usable; A recent elevation survey was completed showing the property at 1 foot above the base flood level. Public water and sewer are available to the property; The parcel is basically rectangular in shape; The property is located 1/2 mile from the Thomas Drive Fly-over and Front Beach and Back Beach Road Intersection—-One of the last large available parcels on Panama City Beach!!! SELLER IS OFFERING FINANCING WITH FAVORABLE TERMS!

More Information

Financing

Cash: Yes
Conventional: Yes
Seller Financing: Yes

Present Zoning

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

Utilities

Public Sewer Available: Yes
Water Connected: Yes

Property Features

Financing: Cash; Conventional; Seller Financing Utilities: Public Sewer Available; Water Connected Present Zoning: Resid Multi-Family; Other – See Remarks

Listing Office: Varnes Realty

Last Updated: October – 01 – 2024

Information deemed reliable but not guaranteed.