, Panama City Beach, FL 32413 (MLS# 629725)

Panama City Beach, FL 32413

$6,450,000

Property Type: Commercial Land Lot Size (sq. ft.): 158,994 Status: Sold

Current Price: $6,450,000 List Date: 3/14/2015 Last Modified: 10/08/2024

Overview

Description

Incredible development opportunity! This ~3.65 Acre Gulf front commercial parcel on Front Beach Road offers ~450 feet of Gulf frontage and has a approved development order extended through 2016 for approx. 340 units. This is one of the largest developments on the market in Northwest Florida and is priced competitively. This property is conveniently located next to the County Pier and several restaurants within walking distance. The popular Pier Park Mall is just 3.5 miles west offering 900,000 sq. ft. entertainment, restaurants, and shopping. There is current commercial expansion within Bay and Walton counties, giving this parcel a lot of potential. The location is just 14 miles south of Northwest Florida Beaches International Airport, making this a convenient destination. The parcel

Supplements: is also just 13.3 miles from the infamous, upscale community of Rosemary Beach and 14.3 miles from Alys Beach. Take advantage of this market in one of the fastest growing counties in the U.S. and watch your development grow with Panama City Beach. A full marketing packet available upon request.

Listing Details MLS# 629725

Location, Tax & Legal

State: FL
Zip Code: 32413
County: Bay
Area: 03 – Bay County – Beach
Subdivision: Tradewinds
Legal Description: 27 3S 16W -55- 38A4 FROM SW COR LOT 1 ORIG GO 169.1' W & NELY 220.5' WLY 66'ON 98 R/W FOR POB TH CONT WLY 450.5' SWLY 271.1' ELY ON GULF370' M/L E ON S LINE LOT 2 NELY 230' TO POB ORB 3286 P 2288
Sub Area: 0318 – Beach – Central South
Business Name: Nathan Abbott Team
Community/Resort: None
Waterfront: Yes
Elementary School: Other
Middle School: Other
High School: Other
Directions: On Front Beach Road just west of Grand Panama and the County Pier.
HOA Fee: No

Contract Info

List Price/Acre: 1916164.38
Sub-Type: Land/Acres

General Property Info

Acreage: 3.65
Frontage Feet: 450
Is Subject Leased: No

Status Change Info

Under Contract Date: 2015-07-14
Sold Date: 2016-02-08
Sold Price/Acre: 1767123.29

Waterfront Feature

Waterfront Feet: 450

Remarks & Misc

Remarks: Incredible development opportunity! This ~3.65 Acre Gulf front commercial parcel on Front Beach Road offers ~450 feet of Gulf frontage and has a approved development order extended through 2016 for approx. 340 units. This is one of the largest developments on the market in Northwest Florida and is priced competitively. This property is conveniently located next to the County Pier and several restaurants within walking distance. The popular Pier Park Mall is just 3.5 miles west offering 900,000 sq. ft. entertainment, restaurants, and shopping. There is current commercial expansion within Bay and Walton counties, giving this parcel a lot of potential. The location is just 14 miles south of Northwest Florida Beaches International Airport, making this a convenient destination. The parcel

More Information

Financing

Cash: Yes
Conventional: Yes

Lot Features

Aerials/Topo Available: Yes
Topographical Survey: Yes

Lot/Parcel Access

County Road: Yes

Present Zoning

Commercial: Yes
Multi-Family: Yes

Utilities

Electricity – Connected: Yes
Public Sewer – Connected: Yes
Water Connected: Yes

Waterview

Gulf: Yes

Waterfront Type

Gulf: Yes

TransportationAccess

County Road: Yes

Property Features

TransportationAccess: County Road Financing: Cash; Conventional Lot Features: Aerials/Topo Available; Topographical Survey Utilities: Electricity – Connected; Public Sewer – Connected; Water Connected Waterfront Type: Gulf Present Zoning: Commercial; Multi-Family Waterview: Gulf

Listing Office: ResortQuest Real Estate

Last Updated: October – 08 – 2024

Information deemed reliable but not guaranteed.