3500 Frankford Avenue, Panama City, FL 32405
$2,995,000
Property Type:
Commercial Land
Lot Size (sq. ft.):
653,400
Status:
Sold
Current Price:
$2,995,000
List Date:
4/02/2021
Last Modified:
10/08/2024
Overview
Description
Listing Details MLS# 696266
Location, Tax & Legal
- Street #
- 3500
- Street Name
- Frankford
- Street Suffix
- Avenue
- State
- FL
- Zip Code
- 32405
- County
- Bay
- Area
- 02 – Bay County – Central
- Subdivision
- [No Recorded Subdiv]
- Parcel ID
- 26656-035-000
- Legal Description
- #2 parcels. Abbreviated legal descriptions: Parcel I.D. 26656-018-000: 24 3S 15W -1.18- 78D COM AT THE SE COR OF SEC TH N 2499.09' W 31.02' W 266.83' FOR POB N 499.96' NW 275.77' W 307.01' TO THE E R/W OF CALHOUN AVE TH SLY & ELY 105.38' S 560.76' ALG CURVE 223.80'N 14.90' TO POB ORB 3162 P 2093 /AND/ Parcel I.D. 26656-035-000: 24 3S 15W -1.19- 78D COM AT SE COR OF SEC TH N 2499.09' W 297.85'
- Sub Area
- 0204 – Bay – Central NW
- Business Name
- 15 Ac-North End Frankford Ave
- Community/Resort
- None
- Waterfront
- No
- Section
- 24
- Township
- 3S
- Range
- 15W
- Elementary School
- Northside
- Middle School
- Jinks
- High School
- Bay
- Directions
- From the intersection of Highway 390 and Frankford Avenue, travel north on Frankford Avenue +/- 1.25 miles. The 15 acre property is located on the West side of Frankford Avenue. The property also fronts Calhoun Avenue and Pacifica Lane. See attached photos, aerial photos and survey.
- HOA Fee
- No
Contract Info
- List Price/Acre
- 199666.67
- Sub-Type
- Land/Acres
General Property Info
- Site Dimensions
- Irregular
- Acreage
- 15
- Lot Size (SqFt)
- 653400
- Is Subject Leased
- No
Status Change Info
- Under Contract Date
- 2021-05-19
- Sold Date
- 2022-08-11
- Sold Price/Acre
- 199666.67
Remarks & Misc
- Remarks
- 15 acre site located at the North-end of Frankford Avenue in Panama City, between Sweet Bay to the east and the established neighborhoods of Kings Point and Kings Harbor across Robinson Bayou. The property was recently re-zoned to MIxed-Use 3 (MU3), which allows up to 20 units per acre (#300 units) within the City of Panama City. The conceptual site plans attached include 150 unit townhome developments. The site is located across the street from Phase 2 and 3, and future marina, of the Sweet Bay community and University Academy, a top ranking K-8 free public charter school. Recent area announcements include a new Suzuki Marine Technical Center to be built at the north-end of Frankford Avenue on St. Andrew Bay as well as within Sweet Bay an 11 acre marina and commercial town center
Financing
- Cash
- Yes
- Conventional
- Yes
- Seller Financing
- Yes
More Information
Lot Features
- Aerials/Topo Available
- Yes
- Corner Lot
- Yes
- Survey Available
- Yes
- Will Divide
- Yes
Lot/Parcel Access
- City Road
- Yes
- Paved Road
- Yes
Present Zoning
- City
- Yes
- Commercial
- Yes
- Multi-Family
- Yes
- Resid Multi-Family
- Yes
- Other – See Remarks
- Yes
Utilities
- All Utilities
- Yes
- TV Cable
- Yes
- Electricity – Connected
- Yes
- Electric-3-Phase
- Yes
- Phone – Connected
- Yes
- Public Sewer – Connected
- Yes
- Sewer Available
- Yes
- Water Connected
- Yes
- Other – See Remarks
- Yes
Waterview
- Bay
- Yes
- Bayou
- Yes
Sale Type
- As Is
- Yes
TransportationAccess
- 2 – Lane
- Yes
- Paved
- Yes
Property Features
TransportationAccess:
2 – Lane; Paved
Financing:
Cash; Conventional; Seller Financing
Lot Features:
Aerials/Topo Available; Corner Lot; Survey Available; Will Divide
Sale Type:
As Is
Utilities:
All Utilities; Electricity – Connected; Electric-3-Phase; Phone – Connected; Public Sewer – Connected; Water Connected; Sewer Available; TV Cable; Other – See Remarks
Present Zoning:
Commercial; Multi-Family; Resid Multi-Family; Other – See Remarks
Waterview:
Bay; Bayou
Listing Office:
Counts Real Estate Group Inc
Last Updated: October – 08 – 2024
Information deemed reliable but not guaranteed.