7928 W Highway 388, Panama City Beach, FL 32413

$675,000
Property Type: Commercial Land Lot Size (sq. ft.): 348,480 Status: Sold
Current Price: $770,000 List Date: 12/06/2022 Last Modified: 10/08/2024

Description

Great Opportunity to own 8 acres in one of the hottest ‘growth zones’ in Florida! This property is currently zoned R-2 which allows duplex homes. Property has a BEAUTIFUL pond on the back side of property that would make an excellent amenity. Potential exists for commercial development, but it would require re-zoning. Water/Sewer is available, but not currently connected to property. Property is in the CENTER of the 150k acre DSAP that pre-determines FLU of the largest development site in our region! Geographically, this land is about 2 miles to entrance to Beaches International Airport, which is BOOMING with growth, and 1 mile from the newest edition to the Latitudes Margaritaville 55+ community, now building 3500 homes in the first phase! Property also borders River Camps

More Information MLS# 706930

Contract Info

List Price/Acre: 96250 List Type: Exclusive Right of Sale List Date: 2021-01-22 List Price: $770,000 Current Price: $675,000 Sub-Type: Vacant Land

Location, Tax & Legal

Sub Area: 0411 – Bay North – West Bay Community/Resort: None Waterfront: No Elementary School: West Bay Middle School: Surfside High School: Arnold Directions: From PCB PKWY, North on Hwy 79, right on Hwy 388, property about 1/4 mile on right. HOA Fee: No Street #: 7928 Street Direction: W Street Name: Highway 388 State: FL Zip Code: 32413 County: Bay Area: 04 – Bay County – North Subdivision: Barrett Sub Parcel ID: 32598-000-000 Legal Description: BARRETT SUBDIV. LOT 1 ORB 3141 P 498 (1.10) 34C

General Property Info

Site Dimensions: 330 x 1056 Acreage: 8 Lot Size (SqFt): 348480 Is Subject Leased: No

Remarks & Misc

Remarks: Great Opportunity to own 8 acres in one of the hottest ‘growth zones’ in Florida! This property is currently zoned R-2 which allows duplex homes. Property has a BEAUTIFUL pond on the back side of property that would make an excellent amenity. Potential exists for commercial development, but it would require re-zoning. Water/Sewer is available, but not currently connected to property. Property is in the CENTER of the 150k acre DSAP that pre-determines FLU of the largest development site in our region! Geographically, this land is about 2 miles to entrance to Beaches International Airport, which is BOOMING with growth, and 1 mile from the newest edition to the Latitudes Margaritaville 55+ community, now building 3500 homes in the first phase! Property also borders River Camps

Status Change Info

Sold Price/Acre: 84375 Status: Sold Under Contract Date: 2023-05-17 Sold Date: 2023-09-29 Sold Price: $675,000

Farm Info

Pond: 1

Financing

Cash: 1 Conventional: 1

Lot Features

Interior Lot: 1 Level: 1

Lot/Parcel Access

County Road: 1 Paved Road: 1

Present Zoning

Resid Single Family: 1

Utilities

Electricity – Availabile: 1 Private Well: 1 Septic Tank: 1 Water Available: 1

TransportationAccess

2 – Lane: 1 Near Airport: 1 State Road: 1

Property Features

TransportationAccess: 2 – Lane; Near Airport; State Road Farm Info: Pond Financing: Cash; Conventional Lot Features: Interior Lot; Level Utilities: Electricity – Availabile; Private Well; Septic Tank; Water Available Present Zoning: Resid Single Family
Listing Office: Full Sail Realty of NWFL
Last Updated: October – 08 – 2024
Information deemed reliable but not guaranteed.