3120 Minnesota Avenue, Panama City, FL 32405
$2,000,000
Property Type:
Commercial for Sale
Square Footage:
7,630
Lot Size (sq. ft.):
675,180
Status:
Sold
Current Price:
$1,800,000
List Date:
4/24/2023
Last Modified:
10/04/2024
Description
Mobile Home Park for sale. This sale consists of 4 parcels. The front 10 acre parcel has 86 lots, and is in the Lynn Haven city limits. All lots are on separate water meters (80+ tap fees paid?) and city sewer, and there’s a city-maintained lift station already in place. No wells or septic tanks. The back 7.5 acres (3 parcels) are in the county, were never developed, and have some wetlands that may be mitigated. All occupied homes still on site are on month-to-month rentals with no leases. For you developers, the city will also allow a HIGH DENSITY zoning of 15 units/acre for a MULTI-FAMILY development (possible 125 townhomes mol). OWNER FINANCING AVAILABLE WITH ACCEPTABLE DOWN AND TERMS. All meas. approx.
More Information MLS# 727063
Contract Info
List Price/SqFt: 235.91
List Date: 2022-05-24
List Price: $1,800,000
Current Price: $2,000,000
Sub-Type: Mobile Home Park
Location
Sub Area: 0201 – Bay – Central NE
Community/Resort: None
Waterfront: No
Elementary School: Hiland Park
Middle School: Mowat
High School: Mosley
Directions: North on Hwy 77 to a right on Baldwin Rd. Take first left onto Minnesota Ave. Property just up on the right.
Area: 02 – Bay County – Central
Street #: 3120
Street Name: Minnesota
Street Suffix: Avenue
State: FL
Zip Code: 32405
County: Bay
Subdivision: St Andrews Bay Dev Cmp
Parcel ID: 11802-030-000
Legal Description: 21 3S 14W -11.3- 103C ST AND BAY DEV CO PLAT LOTS 114 & 127 LESS W 20′ RD R/W ORB 3910 P 708
General Property Info
List Class: RV/Mobile Park
Acreage: 15.5
Construction Status: Construction Complete
SqFt Tot Bldg: 7630
Year Built: 1983
Listing Info, Tax and Legal
HOA Fee: No
Remarks & Misc
Remarks: Mobile Home Park for sale. This sale consists of 4 parcels. The front 10 acre parcel has 86 lots, and is in the Lynn Haven city limits. All lots are on separate water meters (80+ tap fees paid?) and city sewer, and there’s a city-maintained lift station already in place. No wells or septic tanks. The back 7.5 acres (3 parcels) are in the county, were never developed, and have some wetlands that may be mitigated. All occupied homes still on site are on month-to-month rentals with no leases. For you developers, the city will also allow a HIGH DENSITY zoning of 15 units/acre for a MULTI-FAMILY development (possible 125 townhomes mol). OWNER FINANCING AVAILABLE WITH ACCEPTABLE DOWN AND TERMS. All meas. approx.
Status Change Info
Sold Price/SqFt: 262.12
Sold Price/Acre: 129032.26
Status: Sold
Under Contract Date: 2023-01-24
Sold Date: 2023-04-25
Sold Price: $2,000,000
Financing
Cash: 1
Conventional: 1
Seller Financing: 1
Present Zoning
Resid Multi-Family: 1
Other – See Remarks: 1
Utilities
Electricity – Connected: 1
Public Sewer – Connected: 1
Water Connected: 1
Sale Type
As Is: 1
Business/Property
Other – See Remarks: 1
Floors in Unit/Home
One: 1
Offering Type
Real Estate: 1
Sale Only: 1
Other – See Remarks: 1
Pricing Type
Sale Price: 1
Site Description
Aerials Available: 1
Survey: 1
Transport. Access
2-Lane: 1
Property Features
Financing: Cash; Conventional; Seller Financing
Offering Type: Real Estate; Sale Only; Other – See Remarks
Pricing Type: Sale Price
Present Zoning: Resid Multi-Family; Other – See Remarks
Sale Type: As Is
Site Description: Aerials Available; Survey
Utilities: Electricity – Connected; Public Sewer – Connected; Water Connected
Listing Office:
AMERICAN REALTY of Bay Co, Inc
Last Updated: October – 04 – 2024
Information deemed reliable but not guaranteed.