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Panama City Beach, FL 32413

$6,450,000
Property Type: Commercial Land Lot Size (sq. ft.): 158,994 Status: Sold
Current Price: $6,994,000 List Date: 3/14/2015 Last Modified: 10/08/2024

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.

More Information MLS# 629725

Contract Info

List Price/Acre: 1916164.38 List Date: 2015-03-14 List Price: $6,994,000 Current Price: $6,450,000 Sub-Type: Land/Acres

Location, Tax & Legal

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 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

General Property Info

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

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

Status Change Info

Sold Price/Acre: 1767123.29 Status: Sold Under Contract Date: 2015-07-14 Sold Date: 2016-02-08 Sold Price: $6,450,000

Financing

Cash: 1 Conventional: 1

Lot Features

Aerials/Topo Available: 1 Topographical Survey: 1

Waterfront Feature

Waterfront Feet: 450

Lot/Parcel Access

County Road: 1

Present Zoning

Commercial: 1 Multi-Family: 1

Utilities

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

Waterview

Gulf: 1

Waterfront Type

Gulf: 1

TransportationAccess

County Road: 1

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.