4512 HIGHWAY 231, Panama City, FL 32409 (MLS# 614955)

4512 HIGHWAY 231, Panama City, FL 32409

$2,950,000

Property Type: Commercial Land Lot Size (sq. ft.): 1,024,966 Status: Sold

Current Price: $2,950,000 List Date: 6/10/2020 Last Modified: 10/08/2024

Overview

Description

EXCELLENT DEVELOPMENT OPPORTUNITY IN THE HIGH GROWTH AREA OF HWY 231 AND HWY 390, THESE THREE PARCELS CONTAIN A TOTAL OF 23.53 ACRES AND ARE LOCATED NORTH EAST OF THE NEW BAY HAVEN ACADEMY. 2 PARCELS ARE ZONED C-3 AND 1 OF THE PARCELS IS ZONED R-1. EXCELLENT FRONTAGE ON BOTH HWY 231 AND HWY 390. THIS LOCATION WOULD BE IDEAL FOR SHOPPING CENTER OR MIXED USE CENTER. THE PROPERTY HAS BEEN DRASTICALLY REDUCED, BRING ALL OFFERS.

Listing Details MLS# 614955

Location, Tax & Legal

Street #: 4512
Street Name: HIGHWAY 231
State: FL
Zip Code: 32409
County: Bay
Area: 02 – Bay County – Central
Subdivision: No Named Subdivision
Parcel ID: 05915-000-000
Legal Description: 18 3S 13W -6- 129B ST AND BAY DEV CO PLAT BEG 1320' N & 1194.25' E OF SWCOR OF NW 1/4 & FRONTING 800.4' ON HWY 231 ALSO LOTS 6, 11 LESS PCLS -6.1,-6.2-,-6.3-&-6.4- ORB 2603 P 1375
Sub Area: 0201 – Bay – Central NE
Business Name: LINDSEY
Community/Resort: None
Waterfront: No
Section: 18
Township: 3S
Range: 13W
Elementary School: Other
Middle School: Other
High School: Other
Directions: FROM THE MALL IN PANAMA CITY TRAVEL NORTH ON HWY 231 APPROXIMATELY 5 MILES, THE PROPERTY IS ON THE WEST SIDE OF HWY 231 AND RUNS THROUGH TO HWY 390.
HOA Fee: No

Contract Info

List Price/Acre: 135996.6
Sub-Type: Land/Acres

General Property Info

Acreage: 23.53
Lot Size (SqFt): 1024966
Frontage Feet: 800
Is Subject Leased: No

Status Change Info

Under Contract Date: 2020-10-21
Sold Date: 2022-03-18
Sold Price/Acre: 125371.87

Remarks & Misc

Remarks: EXCELLENT DEVELOPMENT OPPORTUNITY IN THE HIGH GROWTH AREA OF HWY 231 AND HWY 390, THESE THREE PARCELS CONTAIN A TOTAL OF 23.53 ACRES AND ARE LOCATED NORTH EAST OF THE NEW BAY HAVEN ACADEMY. 2 PARCELS ARE ZONED C-3 AND 1 OF THE PARCELS IS ZONED R-1. EXCELLENT FRONTAGE ON BOTH HWY 231 AND HWY 390. THIS LOCATION WOULD BE IDEAL FOR SHOPPING CENTER OR MIXED USE CENTER. THE PROPERTY HAS BEEN DRASTICALLY REDUCED, BRING ALL OFFERS.

Financing

Cash: Yes
Conventional: Yes

More Information

Lot/Parcel Access

County Road: Yes
State Highway: Yes

Present Zoning

Commercial: Yes

Utilities

Electricity – Availabile: Yes
Private Well: Yes
Sewer Available: Yes
Water Connected: Yes

Sale Type

As Is: Yes

TransportationAccess

4 – Lane: Yes
County Road: Yes
Divided Highway: Yes
State Road: Yes

Property Features

TransportationAccess: 4 – Lane; County Road; Divided Highway; State Road Financing: Cash; Conventional Sale Type: As Is Utilities: Electricity – Availabile; Private Well; Water Connected; Sewer Available Present Zoning: Commercial

Listing Office: NAI TALCOR

Last Updated: October – 08 – 2024

Information deemed reliable but not guaranteed.