5417 Lake Drive, Panama City, FL 32404 (MLS# 726527)

5417 Lake Drive, Panama City, FL 32404

$600,000

Property Type: Commercial Land Lot Size (sq. ft.): 209,088 Status: Sold

Current Price: $600,000 List Date: 5/13/2022 Last Modified: 10/08/2024

Overview

Description

This 4.8 +/- acre parcel is level and is located just 300′ off of Tyndall Parkway, where there is a north bound turn lane already in place. This property appears to be in Flood Zone X, per the Bay Co. Prop App site. It has been re-zoned to GENERAL COMMERCIAL and would work well for warehousing or office space. A utility easement is located at the eastern edge of the property, so water and sewer lines are on site. Current survey and environment checklist available. Lots of possibilities here. Measurements are approximate.

Listing Details MLS# 726527

Location, Tax & Legal

Street #: 5417
Street Name: Lake
Street Suffix: Drive
State: FL
Zip Code: 32404
County: Bay
Area: 02 – Bay County – Central
Subdivision: Wh Parker
Parcel ID: 25194-000-000
Legal Description: W H PARKER PLAT – 119A4- LOT 15 ORB 3172 P 1945
Sub Area: 0202 – Bay – Central SE
Community/Resort: None
Waterfront: No
Section: 13
Range: 14W
Elementary School: Parker
Middle School: Everitt
High School: Rutherford
Directions: South on Tyndall Pkwy. Go 3/4 mile past Cherry St. to a right on Lake Drive. Property on right
HOA Fee: No

Contract Info

List Price/Acre: 166666.67
Sub-Type: Unimproved Commercial
List Type: Exclusive Right of Sale

General Property Info

Site Dimensions: 330×630
Acreage: 4.8
Lot Size (SqFt): 209088
Is Subject Leased: No

Status Change Info

Under Contract Date: 2022-05-14
Sold Date: 2022-07-13
Sold Price/Acre: 125000

Remarks & Misc

Remarks: This 4.8 +/- acre parcel is level and is located just 300' off of Tyndall Parkway, where there is a north bound turn lane already in place. This property appears to be in Flood Zone X, per the Bay Co. Prop App site. It has been re-zoned to GENERAL COMMERCIAL and would work well for warehousing or office space. A utility easement is located at the eastern edge of the property, so water and sewer lines are on site. Current survey and environment checklist available. Lots of possibilities here. Measurements are approximate.

Financing

Cash: Yes
Conventional: Yes
Other – See Remarks: Yes

More Information

Lot Features

Front Footage: Yes
Interior Lot: Yes
Level: Yes
Raw Acreage: Yes
Survey Available: Yes
Topographical Survey: Yes
Wooded: Yes

Lot/Parcel Access

City Road: Yes
Paved Road: Yes

Present Zoning

General Commercial: Yes

Utilities

All Utilities: Yes
Electricity – Connected: Yes
Phone – Connected: Yes
Public Sewer – Connected: Yes
Water Connected: Yes

Sale Type

As Is: Yes

TransportationAccess

2 – Lane: Yes
City Road: Yes
Paved: Yes

Property Features

TransportationAccess: 2 – Lane; City Road; Paved Financing: Cash; Conventional; Other – See Remarks Lot Features: Front Footage; Interior Lot; Level; Raw Acreage; Survey Available; Topographical Survey; Wooded Sale Type: As Is Utilities: All Utilities; Electricity – Connected; Phone – Connected; Public Sewer – Connected; Water Connected Present Zoning: General Commercial

Listing Office: AMERICAN REALTY of Bay Co, Inc

Last Updated: October – 08 – 2024

Information deemed reliable but not guaranteed.