$6,475,000
5201 N LAGOON Drive
Panama City Beach, FL 32408
MLS# 642780



5201 N LAGOON Drive, Panama City Beach, FL 32408
  1 / 17  
5201 N LAGOON Drive, Panama City Beach, FL 32408 5201 N LAGOON Drive, Panama City Beach, FL 32408 5201 N LAGOON Drive, Panama City Beach, FL 32408 5201 N LAGOON Drive, Panama City Beach, FL 32408 5201 N LAGOON Drive, Panama City Beach, FL 32408 5201 N LAGOON Drive, Panama City Beach, FL 32408 5201 N LAGOON Drive, Panama City Beach, FL 32408 5201 N LAGOON Drive, Panama City Beach, FL 32408 5201 N LAGOON Drive, Panama City Beach, FL 32408 5201 N LAGOON Drive, Panama City Beach, FL 32408 5201 N LAGOON Drive, Panama City Beach, FL 32408 5201 N LAGOON Drive, Panama City Beach, FL 32408 5201 N LAGOON Drive, Panama City Beach, FL 32408 5201 N LAGOON Drive, Panama City Beach, FL 32408 5201 N LAGOON Drive, Panama City Beach, FL 32408 5201 N LAGOON Drive, Panama City Beach, FL 32408 5201 N LAGOON Drive, Panama City Beach, FL 32408

Property Description
The last large waterfront property on Grand Lagoon with immediate access to the Gulf of Mexico. 4.95 Acres adjacent to the Lighthouse Marina. Submerged land lease in-place with 27 large existing boat slips (currently leased), and boardwalks. The developer planned to build the ''Grand Lagoon Yacht Club'', which was a 75 unit luxury waterfront condominium providing large units, expansive views over Grand Lagoon, the State Park and the Gulf of Mexico, boat slips and dry-dock storage facilities for their owners. Please review the attached conceptual renderings and plans. Call for further details or to setup a tour of the property.

Details
Maps
Contract Info
List Price: 6475000
List Price/Acre: 1308080.81
Current Price: 6475000
Sub-Type: Vacant Land
List Type: Exclusive Right of S
Named Exception: N
Location, Tax & Legal
Street #: 5201
Street Direction: N
Street Name: LAGOON
Street Suffix: Drive
State: FL
Zip Code: 32408
County: Bay
Area: 03 - Bay County - Beach
Sub Area: 0319 - East
Business Name: Grand Lagoon Yacht Club
Subdivision: No Named Subdivision
Community/Resort: None
Waterfront: Yes
Gulf Access: Yes
Parcel ID: 31243-000-000
Elementary School: Patronis
Middle School: Surfside
High School: Arnold
Legal Description: Long Legal with 3 parcels (see attached)
Directions: Located on Grand Lagoon on the east-side of the Anderson Bridge. Travel south on Thomas Drive to the signalized intersection of North Lagoon Drive. Turn left (east) on North Lagoon at Captain Anderson's Restaurant. The 5 acre site is located on the right adjacent to Lighthouse Marina and The Grand Marlin Restaurant.
HOA Fee: No
General Property Info
Site Dimensions: 477 x 360 x 599
Acres: 4.95
Frontage Feet: 599
Is Subject Leased: Yes
Status Change Info
Status: Active
Waterfront Feature
Waterfront Feet: 477
Property Features
TransportationAccess: 2 - Lane; County Road
Existing Leases: 0 - 6 Months; 7 - 12 Months
Financing: Cash; Conventional; Owner
Lot/Parcel Access: County Road
Lot Features: Aerials/Topo Available; Waterfront
Project Facilities: Boat Launch; Waterfront
Sale Type: As Is
Utilities: All Utilities; Electric-3-Phase; Gas - Available; Phone; Public Sewer; Public Water; TV Cable
Present Zoning: Commercial; County

Listing Office: Counts Real Estate Group Inc

Last Updated: July - 07 - 2017

Information deemed reliable but not guaranteed.

Sunday 22nd of October 2017 06:29 AM