$1,500,000
Panama City, FL 32404
MLS# 698457
Status: Sold
1 / 1
Property Description
Proposed residential subdivision near the vicinity of 231 just North of Panama City. Engineered to accommodate 183 detached single family homes. This is a prime opportunity to capitalize on the expanding residential needs of Bay County. Much homework has been done and includes engineered drawings that include wetland delineation.
Details
Maps
Contract Info
List Price/Acre: 16530.07
List Type: Exclusive Right of Sale
List Date: 2020-06-02
List Price: $1,795,000
Current Price: $1,500,000
Sub-Type: Unimproved Commercial
Location, Tax & Legal
Sub Area: 0515 - Bay East - Bayou George
Community/Resort: None
Waterfront: No
Elementary School: Tommy Smith
Middle School: Merritt Brown
High School: Rutherford
Directions: US 231 North to John Pitts Road then to Old Majette Tower Road. Entrance to property of SW corner at end of road.
HOA Fee: No
Street Name: n/a
State: FL
Zip Code: 32404
County: Bay
Area: 05 - Bay County - East
Subdivision: [No Recorded Subdiv]
Parcel ID: 05894-000-001
Legal Description: 10 3S 13W -1A- 143D S1/2 OF N1/2 LESS W 13 CHAINS & LESS E 13.35 CHAINS ORB 3597 P 256
General Property Info
Acreage: 108.59
Lot Size (SqFt): 4730180
Is Subject Leased: No
Remarks & Misc
Remarks: Proposed residential subdivision near the vicinity of 231 just North of Panama City. Engineered to accommodate 183 detached single family homes. This is a prime opportunity to capitalize on the expanding residential needs of Bay County. Much homework has been done and includes engineered drawings that include wetland delineation.
Status Change Info
Sold Price/Acre: 13813.43
Status: Sold
Under Contract Date: 2020-11-20
Sold Date: 2021-11-15
Sold Price: $1,500,000
Lot/Parcel Access
County Road: 1
Utilities
None: 1
TransportationAccess
County Road: 1
Paved: 1
Property Features
TransportationAccess: County Road; Paved
Utilities: None
Listing Office: Panama City Beach Properties
Last Updated: February - 27 - 2025
Information deemed reliable but not guaranteed.