12400 PANAMA CITY BEACH Parkway, Panama City Beach, FL 32407

$2,700,000
Property Type: Commercial Land Lot Size (sq. ft.): 1,111,651 Status: Sold
Current Price: $2,700,000 List Date: 4/03/2018 Last Modified: 10/08/2024

Overview

Description

Great residential (single or multi-family) or commercial site, just north of Panama City Beach Parkway. The seller is willing to subdivide the 25.52 acres into smaller tracts. The +/-6.06 acres on Panama City Beach Parkway is offered at $400,000 per acre (see MLS #617799). Located within close proximity to the Simon’s Pier Park Lifestyle Center and the new St. Joe/ Casto/ SRA Pier Park North Power Center. This is a rare opportunity to acquire a large tract off Panama City Beach Parkway in the heart of Panama City Beach. The new Clara Avenue extension runs along the west-side of the parcel.

Listing Details MLS# 618169

Location, Tax & Legal

Street #
12400
Street Name
PANAMA CITY BEACH
Street Suffix
Parkway
State
FL
Zip Code
32407
County
Bay
Area
03 – Bay County – Beach
Subdivision
No Named Subdivision
Parcel ID
33989-006-001
Legal Description
22 3S 16W -1.7- 37D COM AT NE COR OF W1/2 OF SW1/4OF SW1/4 S 761.92' SELY 710' NELY 223.61' E 707.09' FOR POBNELY 395.07' NELY 695.45' E 1980.70' S 1227.85' W 660.11' N 219.80' W 1320.25' N 48.66' WLY 579.78' TO POB LESS -1.41–1.7A-,-1.7B -1.7C- & LESS RD R/W ORB 814 P 557-ORB 3025 P 2160 ORB 3386 P 1053 The legal description shown here may be condensed for assessment purposes. Exact
Sub Area
0321 – Beach – North Central
Business Name
25.52 Acres on Clara Ave. Ext
Community/Resort
None
Waterfront
No
Elementary School
Hutchison Beach
Middle School
Surfside
High School
Arnold
Directions
Located on the north side of Panama City Beach Parkway, west of Cox Grade Road and east of the Holiday Golf Course Driving Range. Specifically the acreage on the north side of the parent tract that does not have frontage on Panama City Beach Parkway. The 25.52 acre site can be accessed at its west property line via the new Clara Avenue extension or via Cox Grade Road on the east property line.
HOA Fee
No

Contract Info

List Price/Acre
111285.27
Sub-Type
Land/Acres

General Property Info

Acreage
25.52
Lot Size (SqFt)
1111651
Is Subject Leased
No
Frontage Feet
0

Status Change Info

Under Contract Date
2019-05-16
Sold Date
2020-04-09
Sold Price/Acre
105799.37

Remarks & Misc

Remarks
Great residential (single or multi-family) or commercial site, just north of Panama City Beach Parkway. The seller is willing to subdivide the 25.52 acres into smaller tracts. The +/-6.06 acres on Panama City Beach Parkway is offered at $400,000 per acre (see MLS #617799). Located within close proximity to the Simon's Pier Park Lifestyle Center and the new St. Joe/ Casto/ SRA Pier Park North Power Center. This is a rare opportunity to acquire a large tract off Panama City Beach Parkway in the heart of Panama City Beach. The new Clara Avenue extension runs along the west-side of the parcel.

Financing

Cash
Yes
Conventional
Yes

More Information

Lot Features

Aerials/Topo Available
Yes
Easements
Yes
Raw Acreage
Yes
Survey Available
Yes

Lot/Parcel Access

City Road
Yes
County Road
Yes
Paved Road
Yes

Present Zoning

Commercial
Yes
County
Yes

Utilities

TV Cable
Yes
Electricity – Connected
Yes
Natural Gas – Connected
Yes
Phone – Connected
Yes
Public Sewer – Connected
Yes
Water Connected
Yes

Sale Type

As Is
Yes

TransportationAccess

2 – Lane
Yes
City Road
Yes
County Road
Yes
Divided Highway
Yes
Median Cut
Yes

Property Features

TransportationAccess: 2 – Lane; City Road; County Road; Divided Highway; Median Cut Financing: Cash; Conventional Lot Features: Aerials/Topo Available; Easements; Raw Acreage; Survey Available Sale Type: As Is Utilities: Electricity – Connected; Natural Gas – Connected; Phone – Connected; Public Sewer – Connected; Water Connected; TV Cable Present Zoning: Commercial; County
Listing Office: Counts Real Estate Group Inc
Last Updated: October – 08 – 2024
Information deemed reliable but not guaranteed.