$1,700,000
Panama City Beach, FL 32407
MLS# 635143
Status: Sold
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Property Description
BANK OWNED * previously SOLD FOR $3 MILLION. Approx 6.4 acres of Prime Land right in the middle of the Beach just behind Walmart with a small lake. Approx 4.8 acres of uplands. Zoned commercial and would also make a great residential development or hotel.The building on Front Beach has no value but could be renovated for a Sales Center and then a commercial rental. There is a lake in back also. Located directly across from Long Beach Condos behind Walmart and next to Pompanos.
Details
Maps
Contract Info
List Date: 2015-08-11
List Price: $1,950,000
List Price/Acre: 304687.5
Current Price: $1,700,000
Sub-Type: Vacant Land
Location Tax Legal
Street #: 10510
Street Name: FRONT BEACH
Street Suffix: Road
State: FL
Zip Code: 32407
County: Bay
Area: 03 - Bay County - Beach
Subdivision: [No Recorded Subdiv]
Parcel ID: 34881-107-000
Legal Description: 36-3S-16W -68.27- 47D3 COM SW COR OF NW1/4 OF SE1/4 TH E 86.58' SELY 926.11' SWLY 41.49' WLY 500.99' S 12' WLY 1044.91' N 17.02' WLY 330.09' NELY 240.23' FOR POB TH W 50' SLY 80.43' WLY 737.28' NELY 85.58' NWLY 126.39' ELY ALG A CURVE 239.81' NLY 133.92' NELY 232.01' ELY 370.13' SELY 659. 82' WLY 330' TO POB AKA PRCLS 32 & 40 -AND- W1/2 OF DAVIS DR DESCR AS: COM NW COR LOT 1 FOURTH ADD TO LONG BEA
General Property Info
Acreage: 6.4
Frontage Feet: 55
Is Subject Leased: No
Status Change Info
Status: Sold
Under Contract Date: 2016-10-01
Sold Date: 2016-11-15
Sold Price: $1,700,000
Sold Price/Acre: 265625
Property Features
TransportationAccess: 2 - Lane; City Road
Financing: Cash; Conventional
Lot Features: Addl Land Available
Sale Type: REO/Foreclosed
Utilities: All Utilities
Waterfront Type: Lakefront
Waterfront Feature: Other - See Remarks
Present Zoning: Commercial
Waterview: Lake
Listing Office: CitiStar Realty
Last Updated: October - 08 - 2024
Information deemed reliable but not guaranteed.