Prime Development Opportunity in Panama City Beach

Vacant Land for Sale
Distressed
Catylist Listing ID: 29728927
Property Subtypes: Multi-Family, Office, Retail, Retail-Pad, Self Storage, Other
Gross Land Area: 0.64 Acres
Sale Price: $450,000
Unit Price: $703,125 Per Acre
Sale Terms: Cash to Seller, Owner Financing
Cap Rate: Undisclosed
Short Sale/Bank-Owned: Yes
Last Updated: 10/23/2017

Overview / Comments

Check out this 0.64 Ac commercial parcel ready for development. Located next to Diamond title and across from Saltwater Grill, this parcel has 149' of frontage on Middle Beach Rd (Hutchison Blvd). Zoned for high intensity commercial uses. Priced to sell. Call LA for more information about possible uses allowed.

Additional Details

Nearest MSA: Panama City
County: Bay
Tax ID/APN: 34779-011-030
Zoning: COMMERCIAL
Market Type: Medium
Property Located Between: Panama City Beach
Side of Street: South
Road Type: Highway
Property Visibility: Excellent
Legal Description: 35 3S 16W -8.12D- 47C1 COM AT NW COR OF E1/2 OF SE1/4N 470.86' E 112' E ALONG C/L CINDY LANE 574.06' N 20.15' SELY 14.70' E 102.64' N 335.21SELY 380' FOR POB TH CONT SELY137.84' S 240.34' NWLY 137.84'N 240.34' TO POB AKA LOT A-4 ORB 1917 P 2105 ORB 2103 P 270 ORB 2467 P 2326
Largest Nearby Street: Hutchison Blvd and Richard Jackson Blvd
Feet of Frontage: 149
Highway Access: Less than 1 miles from Hwy 98, main thoroughfare between Panama City and Pensacola
Airports: ECP
Site Description: Level lot, Flood Zone X with no wetlands.
Area Description: Ideal location for retail, office or other commercial use. close to many apartment complexes and condominiums as well as restaurants and entertainment in the heart of Panama City Beach, FL
Lot Frontage: 149
Lot Depth: 244
Zoning Description: Commercial High Intensity.
Topography: Level
Soil Type: Sandy
Available Utilities: Electric, Water, Gas, Sewer, Cable, Broadband
Water Service: Municipal
Sewer Type: Municipal

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 4,952 18,630 24,965
Median Age: 35.87 39.12 39.61
Households: 2,279 8,199 11,002

Contact

Photograph of Listing Agent

James Springer

Keller Williams Realty Emerald Coast
Gulf Coast CMLS Member
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