3595 Frankford Ave Avenue, Panama City, FL 32405 (MLS# 720953)

3595 Frankford Ave Avenue, Panama City, FL 32405

$2,500,000

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

Current Price: $2,500,000 List Date: 1/12/2022 Last Modified: 10/08/2024

Overview

Description

Location Location!!! This Prime piece of commercial real estate boasts of 9.0 +/- acres and the parcel includes 365′ +/- of water frontage on the Robinson Bayou. This commercial development site is in the heart of Panama City, and ready to be developed. The site is zoned Mixed Use-3 (MU-3 | City of Panama City). The Lot has been partially cleared. There is a path to drive down to reach the water.

Listing Details MLS# 720953

Location, Tax & Legal

Street #: 3595
Street Name: Frankford Ave
Street Suffix: Avenue
State: FL
Zip Code: 32405
County: Bay
Area: 02 – Bay County – Central
Subdivision: [No Recorded Subdiv]
Parcel ID: 26658-040-000
Legal Description: 24 3S 15W -1.6- 78D BEG AT PT ON W R/W FRANKFORD AV WHICH IS 1966.42' N OF SE COR OF SEC TH N 463.94' TH W 774.23' NWLY 97' TH RUN SOUTH 166.10' TO MEAN HIGH WATER LINE OF ROBINSON BAYOU TH RUN SLY ALONG SAID WATER LINE FOR 340' M/L TO A POINT THAT BEARS N89(DEGREES)W FROM POB TH RUN S89(DEGREES)E 805.046' M/L TO POB ORB 4432 P 355
Sub Area: 0204 – Bay – Central NW
Community/Resort: None
Waterfront: Yes
Elementary School: Northside
Middle School: Jinks
High School: Bay
Directions: The subject property is located at the SW Corner of Frankford Ave & Pacificia Lane The 9.0 +/- acre waterfront commercial development site is located near the northern terminus of Frankford Avenue in Panama City, FL. The waterfront sit is adjacent to the former Panama City Airport which in being redeveloped into Sweet Bay, a 700+/- acre mixed use master planned development
HOA Fee: No

Contract Info

List Price/Acre: 300000
Sub-Type: Unimproved Commercial
List Type: Exclusive Right of Sale

General Property Info

Acreage: 9
Lot Size (SqFt): 392040
Is Subject Leased: No

Status Change Info

Under Contract Date: 2022-01-20
Sold Date: 2022-06-20
Sold Price/Acre: 277777.78

Waterfront Feature

Waterfront Feet: 365

Remarks & Misc

Remarks: Location Location!!! This Prime piece of commercial real estate boasts of 9.0 +/- acres and the parcel includes 365' +/- of water frontage on the Robinson Bayou. This commercial development site is in the heart of Panama City, and ready to be developed. The site is zoned Mixed Use-3 (MU-3 | City of Panama City). The Lot has been partially cleared. There is a path to drive down to reach the water.

More Information

Financing

Cash: Yes
Conventional: Yes

Lot Features

Survey Available: Yes

Lot/Parcel Access

City Road: Yes

Present Zoning

City: Yes

Utilities

All Utilities: Yes

Waterfront Type

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

TransportationAccess

2 – Lane: Yes
County Road: Yes

Property Features

TransportationAccess: 2 – Lane; County Road Financing: Cash; Conventional Lot Features: Survey Available Utilities: All Utilities Waterfront Type: Bay/Harbor; Bayou w/ Gulf Access

Listing Office: Beachy Beach Real Estate

Last Updated: October – 08 – 2024

Information deemed reliable but not guaranteed.