$5,500,000
1025 Hwy 2297
Panama City, FL 32404
MLS# 699160



1025 Hwy 2297, Panama City, FL 32404
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1025 Hwy 2297, Panama City, FL 32404 1025 Hwy 2297, Panama City, FL 32404 1025 Hwy 2297, Panama City, FL 32404 1025 Hwy 2297, Panama City, FL 32404 1025 Hwy 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 upland acres 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 has been raised to 9'6''. 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 which is being rebuilt post hurricane with an expanded mission resulting

Details
Maps
Contract Info
Status: Active
List Date: 2020-06-01
List Price: $5,500,000
Current Price: $5,500,000
List Price/Acre: 21400.78
Location
Street #: 1025
Street Name: Hwy 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 2297 and Hwy 22 go South on Hwy 2297 until you cross Cook's Bayou Bridge. Entrance to property is +/- 1/2 mile South of the bridge on the left.
Legal Description: Multiple Parcel ID #'s and legals.
General Property Info
Sub-Type: Vacant Land
Lot Dimensions: Irregular
Acreage: 257
Lot Size (SqFt): 11194920
Listing Info, Tax & Legal
HOA Fee: No
As Is: No
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; Internet - Broadband Available; Public Sewer Available; Sewer Available
Waterfront Type: Bay w/ Gulf Access; Bayou w/ Gulf Access
Waterfront Feature: Shore - Natural
Waterview: Bayou
Present Zoning: Other - See Remarks
Supplements
in an additional 4,000 jobs. The property is located just 1.5 miles from the Gulf Coast Pkwy in the FDOT's 5 year plan to connect Hwy 231 to Gulf County, FL. Owners are environmental engineers and can assist with wetlands and marina permitting.

Listing Office: NAI TALCOR

Last Updated: February - 06 - 2021

Information deemed reliable but not guaranteed.

Wednesday 24th of February 2021 06:09 PM