4311 CATO Road, Panama City, FL 32404 (MLS# 621718)

4311 CATO Road, Panama City, FL 32404

$1,350,000

Property Type: Residential Land Lot Size (sq. ft.): 1,459,260 Status: Sold

Current Price: $1,350,000 List Date: 7/01/2014 Last Modified: 9/30/2024

Overview

Description

FORGET THE OFFERED PRICE – THE SELLER IS READY TO SELL – MAKE AN OFFER! EXCELLENT DEV. OPPORTUNITY! 33.5 AC on the NW cor. of Cato Rd. and 43rd St. having approximately 1,025 ft. on Cato Rd, 1,260 ft on 43rd St and 1,070 ft. on Mill Bayou Rd. Presently zoned Agriculture. Re-zoning would be required to R1 (8 Units per AC), or possibly R2 (15 Units per AC) for a Residential development. Water & Sewer Avail. The property is located ¼ mile N of Hwy 231 & ½ mile S of Hwy 390. A New North Bay Haven Charter School is located at Hwy 390 & Cato Rd. This is a major employment area with several newer public schools, 2 golf courses and 2 major Recreational Parks. There is an older Residential home on the property which uses a well and septic tank.

Supplements: Haven Recreation Center and Harders Recreation Center) . The property is conveniently located to Bay Industrial Park, Tyndall Air Force Base and many other major employment areas, as well as, retail, hospitals and medical offices. There is presently an older residential home on the property which uses a well and septic tank. The property is availab … (Read more)

Listing Details MLS# 621718

Contract Info

List Price/Acre: 59701.49

Location

Street #: 4311
Street Name: CATO
Street Suffix: Road
Area: 02 – Bay County – Central
State: FL
Zip Code: 32404
County: Bay
Sub Area: 0201 – Bay – Central NE
Subdivision: No Named Subdivision
Community/Resort: None
Parcel ID: 11426-000-000
Elementary School: Tommy Smith
Middle School: Merritt Brown
High School: Mosley
Directions: Go north on Highway 231, turn left on Cato Road. Property is on the Northwest corner of Cato Road and 43rd Street. From East Highway 390, turn south on Cato Road and go one half mile.
Legal Description: 33.5 Acres. – Northwest corner of Cato Road and 43rd Street. Long Legal; ONLY INCLUDES PART OF BAY COUNTY REAL ESTATE PARCEL NUMBER 11426-000-000

General Property Info

Sub-Type: Vacant Land
Lot Dimensions: IRREGULAR
Acreage: 33.5

Status Change Info

Under Contract Date: 2017-10-30
Sold Date: 2019-01-18
Sold Price/Acre: 40298.51

Listing Info, Tax & Legal

HOA Fee: No
As Is: Yes

Remarks & Misc

Remarks: FORGET THE OFFERED PRICE – THE SELLER IS READY TO SELL – MAKE AN OFFER! EXCELLENT DEV. OPPORTUNITY! 33.5 AC on the NW cor. of Cato Rd. and 43rd St. having approximately 1,025 ft. on Cato Rd, 1,260 ft on 43rd St and 1,070 ft. on Mill Bayou Rd. Presently zoned Agriculture. Re-zoning would be required to R1 (8 Units per AC), or possibly R2 (15 Units per AC) for a Residential development. Water & Sewer Avail. The property is located ¼ mile N of Hwy 231 & ½ mile S of Hwy 390. A New North Bay Haven Charter School is located at Hwy 390 & Cato Rd. This is a major employment area with several newer public schools, 2 golf courses and 2 major Recreational Parks. There is an older Residential home on the property which uses a well and septic tank.

More Information

Financing

Conventional: Yes

Lot Features

Level: Yes
Wooded: Yes
Other – See Remarks: Yes

Lot Access

County Road: Yes
Paved Road: Yes
Other – See Remarks: Yes

Present Zoning

Agriculture: Yes
County: Yes

Utilities

Electricity – Connected: Yes
Private Well-On-Site: Yes
Public Sewer Available: Yes
Water Connected: Yes
Septic Tank-On-Site: Yes

Property Features

Financing: Conventional Lot Access: County Road; Paved Road; Other – See Remarks Lot Features: Level; Wooded; Other – See Remarks Utilities: Electricity – Connected; Private Well-On-Site; Public Sewer Available; Water Connected; Septic Tank-On-Site Present Zoning: Agriculture; County

Listing Office: Counts Real Estate Group

Last Updated: September – 30 – 2024

Information deemed reliable but not guaranteed.