$1,100,000
$1,200,000
8.3%For more information regarding the value of a property, please contact us for a free consultation.
1.38 Acres Lot
SOLD DATE : 09/19/2022
Key Details
Sold Price $1,100,000
Property Type Vacant Land
Sub Type Residential
Listing Status Sold
Purchase Type For Sale
Subdivision No Named Subdivision
MLS Listing ID 707595
Sold Date 09/19/22
HOA Y/N No
Annual Tax Amount $5,736
Tax Year 2020
Lot Size 1.380 Acres
Acres 1.38
Property Description
Investor/Developer Alert! Acreage on Grand Lagoon with Gulf Access and 2 Blocks to Beach Access. Zoned SR-1 Seasonal/Resort Residential in Unincorporated Panama City Beach. This zoning allows numerous residential and some commercial uses including hotel, motel, bed & breakfast and can be combined with hospitality businesses such as shops, restaurant, bars, etc. Residential use allows up to 15 Units per Acre. Prior development plan allowed for 8 detached 3 story homes, averaging only $150K per lot, great for Vacation Rentals, Multi-Family, or Luxury Private Residences. Near entertainment, restaurants, shopping, boating, beach access, golf, and more! Call or e-mail for more information on zoning, plans, etc. Buyer to confirm all aspects of lot size, feasibility, improvements, etc.
Location
State FL
County Bay
Area 03 - Bay County - Beach
Interior
Fireplace No
Exterior
Utilities Available Sewer Available
Waterfront Yes
Waterfront Description Gulf Access,Lagoon,Shoreline - Natural,Waterfront
View Y/N Yes
Water Access Desc Gulf Access,Lagoon,Shoreline - Natural,Waterfront
View Lagoon
Building
Lot Description Irregular Lot, Waterfront
Schools
Elementary Schools Breakfast Point
Middle Schools Breakfast Point
High Schools Arnold
Others
Tax ID 30190-010-000
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Cash
Special Listing Condition Listed As-Is
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