$4,900,000
Panama City Beach, FL 32408
MLS# 666946
Status: Sold
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Property Description
The information is provided to evaluate a purchase of the 25.76 acres located in the heart of Panama City Beach: Property is currently zoned R-5 Residential Multi-Family with 15 units per acre. Height restriction is 100'; The Property has been cleared and numerous loads of fill applied; There are NO wetlands on the property. All of the property is usable; A recent elevation survey was completed showing the property at 1 foot above the base flood level. Public water and sewer are available to the property; The parcel is basically rectangular in shape; The property is located 1/2 mile from the Thomas Drive Fly-over and Front Beach and Back Beach Road Intersection----One of the last large available parcels on Panama City Beach!!! SELLER IS OFFERING FINANCING WITH FAVORABLE TERMS!
Details
Maps
Contract Info
Status: Sold
List Date: 2018-01-12
List Price: $4,900,000
Current Price: $4,900,000
List Price/Acre: 190217.39
Location
Street #: 0000
Street Name: WILKINSON
Street Suffix: Avenue
Area: 03 - Bay County - Beach
State: FL
Zip Code: 32408
County: Bay
Sub Area: 0319 - Beach - East
Subdivision: No Named Subdivision
Community/Resort: None
Waterfront: No
Parcel ID: 27860-000-000
Elementary School: Breakfast Point
Middle School: Breakfast Point
High School: Arnold
Directions: After crossing the Hathaway Bridge, veer left on Front Beach Road approximately 1/4 mile past Chinatown to Wilkinson Ave. Turn left at Wilkinson. Property begins at the end of Wilkinson Ave. It is the cleared land.
Legal Description: 32 3S 15W 26A M/L -7- 57D LOT 5 ORIG LESS PCL & RW ORB 1008 P 1882 ORB 1629 P 846 ORB 1925 P 599 ORB 2255 P 1408
General Property Info
Sub-Type: Vacant Land
Lot Dimensions: 911 x 1272
Acreage: 25.76
Lot Size (SqFt): 1122106
Status Change Info
Under Contract Date: 2021-06-15
Sold Date: 2022-11-09
Sold Price: $4,900,000
Sold Price/Acre: 190217.39
Property Features
Financing: Cash; Conventional; Seller Financing
Utilities: Public Sewer Available; Water Connected
Present Zoning: Resid Multi-Family; Other - See Remarks
Listing Office: Varnes Realty
Last Updated: October - 01 - 2024
Information deemed reliable but not guaranteed.