$5,500,000
1025 HIGHWAY 2297
Panama City, FL 32404
MLS# 663215



1025 HIGHWAY 2297, Panama City, FL 32404
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1025 HIGHWAY 2297, Panama City, FL 32404 1025 HIGHWAY 2297, Panama City, FL 32404 1025 HIGHWAY 2297, Panama City, FL 32404 1025 HIGHWAY 2297, Panama City, FL 32404 1025 HIGHWAY 2297, Panama City, FL 32404 1025 HIGHWAY 2297, Panama City, FL 32404

Property Description
Waterfront Development opportunity with access to East Bay and the Gulf of Mexico. With over 5,600 FF on Cook's Bayou the property has a mixture of Oaks, Magnolia and Pines. +/- 150 acres is uplands located on a bluff along the waterfront. The majority of the uplands is Zone X or outside of the 500 year flood zone. The property is zoned Conservation Habitation at 2 units per acre or 514 units. Cook's Bayou Bridge is slated to be raised to 9'6'' clearance beginning Fall of 2017. An upland cut marina with slips, docks and dredging could be entitled as part of the development. Located near Eastern Shipbuilding recently awarded a $10.5B US Coast Guard contract, 20 minutes from Tyndall AFB and 1.5 miles from the Gulf Coast Pkwy in the FDOT's 5 year plan to connect Hwy 231 to Gulf County.

Details
Maps
Contract Info
List Price: 5500000
Current Price: 5500000
List Price/Acre: 21400.78
Location
Street #: 1025
Street Name: HIGHWAY 2297
Area: 05 - Bay County - East
State: FL
Zip Code: 32404
County: Bay
Sub Area: 0516 - Bay East - Sandy Creek/East Callaway Heights
Subdivision: No Named Subdivision
Community/Resort: None
Waterfront: Yes
Parcel ID: 07398-812-000
Elementary School: Callaway
Middle School: Everitt
High School: Rutherford
Directions: From Hwy 22 and Hwy 2297 go South on Hwy 2297 to just past the Cook's Bayou bridge. Subject property is on the East side of Hwy 2297.
Legal Description: Long Legal. Bay County Parcel #'s 07397-100-000, 07398-812-000, 07397-005-000, 06668-000-000 and a portion of 06656-010-000.
General Property Info
Sub-Type: Vacant Land
Lot Dimensions: Irregular
Acreage: 257
Listing Info, Tax & Legal
HOA Fee: No
Last Tax Year: 2016
As Is: No
Status Change Info
Status: Active
Property Features
Financing: Cash; Conventional
Lot Access: Paved Road; State Highway
Lot Features: Waterfront; Within 1/2 Mile to Water
Project Facilities: Fishing; Waterfront
Utilities: Electric; Public Sewer Available; Public Water
Waterfront Type: Bay w/ Gulf Access; Bayou w/ Gulf Access
Waterview: Bayou
Present Zoning: Other - See Remarks

Listing Office: NAI TALCOR

Last Updated: August - 29 - 2018

Information deemed reliable but not guaranteed.

Monday 17th of December 2018 06:15 AM