$2,560,000
Callaway, FL 32404
MLS# 707423
Status: Sold
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Property Description
Subject offering consists of 139 developed lots with all infrastructure in place. On public water an sewer, the impact fees of $5,502 per lot are paid bringing the asking price to just $17,500/lot. A part of the East Bay plat with 321 total lots, it is located on Cook's Bayou with deepwater access to St. Andrew's Bay, the Intracoastal Waterway and the Gulf of Mexico and just 10 minutes from Super Walmart, 20 minutes from Tyndall Air Force Base. The existing roads in Phase I have been turned over to the City of Callaway for maintenance. This should allow for lower HOA fees. The roads have brick paver accents through out the project. Available separately, the +/- 6 acre marina site has over 650 FF on Cook's Bayou with dredgable deepwater near the shoreline. It has been cleared and comes wi
Details
Maps
Contract Info
Status: Sold
List Date: 2021-02-02
List Price: $3,125,000
Current Price: $2,560,000
List Price/Acre: 172271.22
Location
Street #: 000
Street Name: Poston
Street Suffix: Road
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: 07384-100-100
Elementary School: Callaway
Middle School: Everitt
High School: Rutherford
Directions: From the intersection of Hwy 98 or Tyndall Pkwy and Hwy 22 go East on Hwy 22 to right on CR 2297. Just past Cook's Bayou Bridge turn right onto Poston Drive. The Marina site and clubhouse are on the right with the bulk of the lots to the left or South of Poston Drive.
Legal Description: Long Legal
General Property Info
Sub-Type: Residential Lots
Lot Dimensions: Irregular
Acreage: 18.14
Lot Size (SqFt): 790178
Status Change Info
Under Contract Date: 2021-04-30
Sold Date: 2022-01-03
Sold Price: $2,560,000
Sold Price/Acre: 141124.59
Property Features
Financing: Cash; Conventional
Lot Access: City Street; Paved Road
Lot Features: Waterfront; Within 1/2 Mile to Water
Other Structures: RV/Boat Storage
Utilities: Electricity - Connected; Public Sewer - Connected; Water Connected
Waterfront Type: Bayou w/o Gulf Access; See Remarks
Waterview: Bayou
Present Zoning: Resid Single Family
Supplements
over 650 FF on Cook's Bayou with dredgable deepwater near the shoreline. It has been cleared and comes with a 3,300 Sq. Ft. Club House and dock built in 2020. Near the marina site is a 2.72 acre site for RV/Boat storage. The 189 unfinished lots also have had their impact fees paid, again at $5,502 per lot. The City of Callaway is primed for growth over the next few years with Eastern Shipbuilding getting the largest Coast Guard Cutter building contract in Coast Guard history and an expanded missions for Tyndall AFB. The Gulf Coast Parkway will run just East of the subject property. This will be a Hwy 98 re-route to bypass Tyndall AFB.
Listing Office: NAI TALCOR
Last Updated: October - 02 - 2024
Information deemed reliable but not guaranteed.