1800 HWY 98, Panama City, FL 32401 (MLS# 637134)

1800 HWY 98, Panama City, FL 32401

$475,000

Property Type: Commercial Land Lot Size (sq. ft.): 212,573 Status: Sold

Current Price: $475,000 List Date: 5/26/2016 Last Modified: 10/08/2024

Overview

Description

Back on the Market. Seller says, ”Bring an Offer!” Reduced from $1,250,000 to $795,000! PRICED TO SELL!!! +/-4.88 acres for sale on Watson Bayou at the southwest corner of E. Business Highway 98 (a/k/a U.S. Hwy. 98) and Maple Avenue. The subject property includes three parcels 22308-000-000 (the corner), 22306-000-000 (adjacent parcel to the south and submerged land lease), and 22387-000-000 (single family home at 309 Maple Ave. – no value). In addition, there is a submerged land lease with 0.91 acres). The existing marina includes 36 slips, bulk-head, seawall and boat ramp. The docks and pilings need to be repaired and/or replaced. The water depth ranges from 4′ to 15′ providing deep water access to Watson Bayou, St. Andrew Bay and the Gulf of Mexico. The survey, with topo, is attached

Supplements: The large parcels are zoned General Commercial; GC-2, and the residence at 309 Maple Ave. is zoned Urban Residential-2. Ideal location for a new marina with a new boat barn and/or maintenance facility.

Listing Details MLS# 637134

Location, Tax & Legal

Street #: 1800
Street Name: HWY 98
State: FL
Zip Code: 32401
County: Bay
Area: 02 – Bay County – Central
Subdivision: No Named Subdivision
Parcel ID: 22308-000-000
Legal Description: 10 4S 14W -77- BEG ON S LINE RD #10 210'E OF W LINE OF SE1/4 OF NW1/4 TH S 475' E 100' N 150' E 350' N 325' W 450' TO POB LESS SUBMERGED LANDS ORB 3376 P 2129
Sub Area: 0202 – Bay – Central SE
Business Name: 1800 E. Hwy 98
Community/Resort: None
Waterfront: Yes
Section: 10
Elementary School: Cherry Street
Middle School: Jinks
High School: Bay
Directions: From Downtown Panama City, travel east on East Business Highway 98. Cross Watson Bayou. Property located at the southwest corner of E. Business Highway 98 and Maple Ave.
HOA Fee: No

Contract Info

List Price/Acre: 162909.84
Sub-Type: Vacant Land

General Property Info

Acreage: 4.88
Frontage Feet: 423
Is Subject Leased: No

Status Change Info

Under Contract Date: 2016-07-22
Sold Date: 2016-09-20
Sold Price/Acre: 97336.07

Waterfront Feature

Waterfront Feet: 936
Shore – Seawall: Yes

Remarks & Misc

Remarks: Back on the Market. Seller says, ''Bring an Offer!'' Reduced from $1,250,000 to $795,000! PRICED TO SELL!!! +/-4.88 acres for sale on Watson Bayou at the southwest corner of E. Business Highway 98 (a/k/a U.S. Hwy. 98) and Maple Avenue. The subject property includes three parcels 22308-000-000 (the corner), 22306-000-000 (adjacent parcel to the south and submerged land lease), and 22387-000-000 (single family home at 309 Maple Ave. – no value). In addition, there is a submerged land lease with 0.91 acres). The existing marina includes 36 slips, bulk-head, seawall and boat ramp. The docks and pilings need to be repaired and/or replaced. The water depth ranges from 4' to 15' providing deep water access to Watson Bayou, St. Andrew Bay and the Gulf of Mexico. The survey, with topo, is attached

More Information

Financing

Cash: Yes
Conventional: Yes

Lot Features

Aerials/Topo Available: Yes
Corner Lot: Yes
Easements: Yes
Sloping: Yes
Survey Available: Yes
Topographical Survey: Yes
Water Rights: Yes

Lot/Parcel Access

City Road: Yes
Paved Road: Yes

Present Zoning

General Commercial: Yes

Association Amenities

Boat Launch: Yes
Dock: Yes
Marina: Yes

Utilities

TV Cable: Yes
Community Water: Yes
Electricity – Connected: Yes
Natural Gas – Available: Yes
Phone – Connected: Yes
Sewer Available: Yes
Water Connected: Yes

Sale Type

As Is: Yes

Waterfront Type

Bayou w/ Gulf Access: Yes
Harbor w/ Gulf Access: Yes

TransportationAccess

2 – Lane: Yes
4 – Lane: Yes
Access-Intercoastal: Yes
City Road: Yes
Paved: Yes

Property Features

TransportationAccess: 2 – Lane; 4 – Lane; Access-Intercoastal; City Road; Paved Financing: Cash; Conventional Lot Features: Aerials/Topo Available; Corner Lot; Easements; Sloping; Survey Available; Topographical Survey; Water Rights Sale Type: As Is Utilities: Community Water; Electricity – Connected; Natural Gas – Available; Phone – Connected; Water Connected; Sewer Available; TV Cable Waterfront Type: Bayou w/ Gulf Access; Harbor w/ Gulf Access Waterfront Feature: Shore – Seawall Present Zoning: General Commercial

Listing Office: Counts Real Estate Group Inc

Last Updated: October – 08 – 2024

Information deemed reliable but not guaranteed.