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000 Poston Road, Callaway, FL 32404

$2,560,000
Property Type: Residential Land Lot Size (sq. ft.): 790,178 Status: Sold
Current Price: $3,125,000 List Date: 2/05/2021 Last Modified: 10/02/2024

Description

Subject offering consists of 139 developed lots with all infrastructure in place. On public water an sewer, the impact fees of $5,502 per lot are paid bringing the asking price to just $17,500/lot. A part of the East Bay plat with 321 total lots, it is located on Cook's Bayou with deepwater access to St. Andrew's Bay, the Intracoastal Waterway and the Gulf of Mexico and just 10 minutes from Super Walmart, 20 minutes from Tyndall Air Force Base. The existing roads in Phase I have been turned over to the City of Callaway for maintenance. This should allow for lower HOA fees. The roads have brick paver accents through out the project. Available separately, the +/- 6 acre marina site has over 650 FF on Cook's Bayou with dredgable deepwater near the shoreline. It has been cleared and comes wi

Supplements: over 650 FF on Cook's Bayou with dredgable deepwater near the shoreline. It has been cleared and comes with a 3,300 Sq. Ft. Club House and dock built in 2020. Near the marina site is a 2.72 acre site for RV/Boat storage. The 189 unfinished lots also have had their impact fees paid, again at $5,502 per lot. The City of Callaway is primed for growth over the next few years with Eastern Shipbuilding getting the largest Coast Guard Cutter building contract in Coast Guard history and an expanded missions for Tyndall AFB. The Gulf Coast Parkway will run just East of the subject property. This will be a Hwy 98 re-route to bypass Tyndall AFB.

More Information MLS# 707423

Contract Info

List Price/Acre: 172271.22 Status: Sold List Date: 2021-02-02 List Price: $3,125,000 Current Price: $2,560,000

Location

Sub Area: 0516 - Bay East - Sandy Creek/East Callaway Heights Community/Resort: None Waterfront: Yes Elementary School: Callaway Middle School: Everitt High School: Rutherford Directions: From the intersection of Hwy 98 or Tyndall Pkwy and Hwy 22 go East on Hwy 22 to right on CR 2297. Just past Cook's Bayou Bridge turn right onto Poston Drive. The Marina site and clubhouse are on the right with the bulk of the lots to the left or South of Poston Drive. Street #: 000 Street Name: Poston Street Suffix: Road Area: 05 - Bay County - East State: FL Zip Code: 32404 County: Bay Subdivision: No Named Subdivision Parcel ID: 07384-100-100 Legal Description: Long Legal

General Property Info

Acreage: 18.14 Lot Size (SqFt): 790178 Lot Dimensions: Irregular Sub-Type: Residential Lots

Listing Info, Tax & Legal

HOA Fee: No As Is: No

Remarks & Misc

Remarks: Subject offering consists of 139 developed lots with all infrastructure in place. On public water an sewer, the impact fees of $5,502 per lot are paid bringing the asking price to just $17,500/lot. A part of the East Bay plat with 321 total lots, it is located on Cook's Bayou with deepwater access to St. Andrew's Bay, the Intracoastal Waterway and the Gulf of Mexico and just 10 minutes from Super Walmart, 20 minutes from Tyndall Air Force Base. The existing roads in Phase I have been turned over to the City of Callaway for maintenance. This should allow for lower HOA fees. The roads have brick paver accents through out the project. Available separately, the +/- 6 acre marina site has over 650 FF on Cook's Bayou with dredgable deepwater near the shoreline. It has been cleared and comes wi

Status Change Info

Sold Price/Acre: 141124.59 Under Contract Date: 2021-04-30 Sold Date: 2022-01-03 Sold Price: $2,560,000

Other Structures

RV/Boat Storage: 1

Financing

Cash: 1 Conventional: 1

Lot Features

Waterfront: 1 Within 1/2 Mile to Water: 1

Lot Access

City Street: 1 Paved Road: 1

Present Zoning

Resid Single Family: 1

Association Amenities

Waterfront: 1

Utilities

Electricity - Connected: 1 Public Sewer - Connected: 1 Water Connected: 1

Waterview

Bayou: 1

Waterfront Type

Bayou w/o Gulf Access: 1 See Remarks: 1

Property Features

Financing: Cash; Conventional Lot Access: City Street; Paved Road Lot Features: Waterfront; Within 1/2 Mile to Water Other Structures: RV/Boat Storage Utilities: Electricity - Connected; Public Sewer - Connected; Water Connected Waterfront Type: Bayou w/o Gulf Access; See Remarks Waterview: Bayou Present Zoning: Resid Single Family
Listing Office: NAI TALCOR
Last Updated: October - 02 - 2024
Information deemed reliable but not guaranteed.