23008 FRONT BEACH Road, Panama City Beach, FL 32413 (MLS# 663895)

23008 FRONT BEACH Road, Panama City Beach, FL 32413

$5,730,000

Virtual Tour

https://www.youtube.com/watch?v=D_LSGcxk7uo

Property Type: Residential Land Lot Size (sq. ft.): 392,040 Status: Sold

Current Price: $5,730,000 List Date: 8/23/2023 Last Modified: 10/01/2024

Overview

Description

SELLER FINANCING WITH 15%-20% DOWN, 6% INTEREST RATE, 30 YEAR AMORTIZATION, 3-5 YEAR BALLOON** TAX RECORDS ARE WRONG. IT’S APPROXIMATELY 5.5 ACRES OF CONTIGUOUS LAND ON THE WEST END OF PCB. PART OF THE ACREAGE IS 3/4 OF JAMAICAN LAKE*** Currently zoned 15 units per acre but city has stated they will allow for more units per acre. Gulf views from Front Beach Road and lake views from the back. Just around the corner from two major grocery stores(Publix and Winn Dixie), Carillon Beach, and a few minutes from Rosemary Beach and scenic 30A. Zoned commercial and residential. New home/townhome subdivision, retail center. Build a mixed use residential/commercial subdivision…the possibilities are endless.

Listing Details MLS# 663895

Contract Info

List Price/Acre: 777666.67

Location

Street #: 23008
Street Name: FRONT BEACH
Street Suffix: Road
Area: 03 – Bay County – Beach
State: FL
Zip Code: 32413
County: Bay
Sub Area: 0324 – Beach – West Central
Subdivision: Jamaican Lake
Community/Resort: None
Waterfront: Yes
Parcel ID: 36076-020-000
Elementary School: West Bay
Middle School: Surfside
High School: Arnold
Directions: Front Beach Road to the far west end. Between Jamaican Lakes and Bayou Bills across from the gulf
Legal Description: 5 3S 17W -6.20- 6A2 COM AT NW COR OF SEC E 1333.65 S 863.52' TO INTERSECT OF SLY R/W SR 30A & ELY R/W SR 30 SELY 20.21' SELY 933.03' S 250' FOR POB TH W 237.59' S 216.30' SWLY 220' SLY 240.67' NWLY 305.71' SWLY 307.60' SELY 149.87' ELY 745.59' NLY 272.97 TO LAKE CONT NLY ALG LAKE 819.60' TO POB ORB 2272 P 1991-1995

General Property Info

Sub-Type: Vacant Land
Lot Dimensions: Irregular
Acreage: 9
Lot Size (SqFt): 392040

Status Change Info

Under Contract Date: 2023-07-16
Sold Date: 2023-08-31
Sold Price/Acre: 636666.67

Listing Info, Tax & Legal

HOA Fee: No
Last Taxes: 5780
Last Tax Year: 2016
As Is: Yes

Remarks & Misc

Remarks: SELLER FINANCING WITH 15%-20% DOWN, 6% INTEREST RATE, 30 YEAR AMORTIZATION, 3-5 YEAR BALLOON** TAX RECORDS ARE WRONG. IT'S APPROXIMATELY 5.5 ACRES OF CONTIGUOUS LAND ON THE WEST END OF PCB. PART OF THE ACREAGE IS 3/4 OF JAMAICAN LAKE*** Currently zoned 15 units per acre but city has stated they will allow for more units per acre. Gulf views from Front Beach Road and lake views from the back. Just around the corner from two major grocery stores(Publix and Winn Dixie), Carillon Beach, and a few minutes from Rosemary Beach and scenic 30A. Zoned commercial and residential. New home/townhome subdivision, retail center. Build a mixed use residential/commercial subdivision…the possibilities are endless.

More Information

Financing

Cash: Yes
Construction Perm: Yes
Conventional: Yes
Seller Financing: Yes

Lot Access

City Street: Yes

Present Zoning

General Commercial: Yes
Resid Multi-Family: Yes
Resid Single Family: Yes

Utilities

All Utilities: Yes

Waterview

Gulf: Yes
Lake: Yes

Sale Type

As Is: Yes

Waterfront Type

Lakefront: Yes

Property Features

Financing: Cash; Construction Perm; Conventional; Seller Financing Lot Access: City Street Sale Type: As Is Utilities: All Utilities Waterfront Type: Lakefront Waterview: Gulf; Lake Present Zoning: General Commercial; Resid Multi-Family; Resid Single Family

Listing Office: RE/MAX SELECT Partners

Last Updated: October – 01 – 2024

Information deemed reliable but not guaranteed.