1201 N East Avenue, Panama City, FL 32401

$985,000
Property Type: Residential Land Lot Size (sq. ft.): 181,210 Status: Active
Current Price: $985,000 List Date: 4/03/2025 Last Modified: 4/03/2025

Description

Investor’s Dream – R-2 Zoned Land w/ Income Producers and new 52 mobile home lot infrastructure. Land includes over 4 acres with built-in infrastructure. Additionally, the electric is currently being upgraded to underground electric. Five income-producing dwellings located on SE corner of the property. A rare chance to invest, earn, and build in a great location.

More Information MLS# 771434

Contract Info

List Price/Acre: 236778.85 Status: Active List Date: 2025-03-29 List Price: $985,000 Current Price: $985,000

Location

Sub Area: 0202 – Bay – Central SE Community/Resort: None Waterfront: No Elementary School: Cedar Grove Middle School: Mowat High School: Bay Directions: From Highway 98E turn right onto East Avenue where property is located on the right. Street #: 1201 Street Direction: N Street Name: East Avenue Area: 02 – Bay County – Central State: FL Zip Code: 32401 County: Bay Subdivision: [No Recorded Subdiv] Parcel ID: 15834-010-000 Legal Description: 3 4S 14W -27.1- BEG AT PT 534′ N OF SE COR OF NE1/4 FOR POB TH N 324′ W 330′ S 324′ E 330′ LESS R/W ORB 3809 P 2145

General Property Info

Acreage: 4.16 Lot Size (SqFt): 181210 Lot Dimensions: 648×280 Sub-Type: Vacant Land

Listing Info, Tax & Legal

HOA Fee: No Is Subject Leased: No Last Taxes: 1384 Last Tax Year: 2024 Brokerage Interest: Familial Interest – Listing Broker/Licensee related to owner. As Is: Yes

Remarks & Misc

Remarks: Investor’s Dream – R-2 Zoned Land w/ Income Producers and new 52 mobile home lot infrastructure. Land includes over 4 acres with built-in infrastructure. Additionally, the electric is currently being upgraded to underground electric. Five income-producing dwellings located on SE corner of the property. A rare chance to invest, earn, and build in a great location.

Existing Leases

Month To Month: 1

Financing

Cash: 1 Conventional: 1

Present Zoning

Other – See Remarks: 1

Utilities

All Utilities: 1 Electricity – Connected: 1 Public Sewer – Connected: 1 Water Connected: 1

Property Features

Existing Leases: Month To Month Financing: Cash; Conventional Utilities: All Utilities; Electricity – Connected; Public Sewer – Connected; Water Connected Present Zoning: Other – See Remarks
Listing Office: Dalton Wade Inc
Last Updated: April – 03 – 2025
Information deemed reliable but not guaranteed.