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.