$1,100,000
Panama City Beach, FL 32408
MLS# 707595
Status: Sold
1 / 12
Property Description
Investor/Developer Alert! Acreage on Grand Lagoon with Gulf Access and 2 Blocks to Beach Access. Zoned SR-1 Seasonal/Resort Residential in Unincorporated Panama City Beach. This zoning allows numerous residential and some commercial uses including hotel, motel, bed & breakfast and can be combined with hospitality businesses such as shops, restaurant, bars, etc. Residential use allows up to 15 Units per Acre. Prior development plan allowed for 8 detached 3 story homes, averaging only $150K per lot, great for Vacation Rentals, Multi-Family, or Luxury Private Residences. Near entertainment, restaurants, shopping, boating, beach access, golf, and more! Call or e-mail for more information on zoning, plans, etc. Buyer to confirm all aspects of lot size, feasibility, improvements, etc.
Details
Maps
Contract Info
List Price/Acre: 869565.22
Status: Sold
List Date: 2020-06-02
List Price: $1,200,000
Current Price: $1,100,000
Location
Sub Area: 0323 - Beach - South of Grand Lagoon
Community/Resort: None
Waterfront: Yes
Elementary School: Breakfast Point
Middle School: Breakfast Point
High School: Arnold
Directions: From HWY 98- South on Allison Ave, Right/West on North Lagoon, South/Left on Joan Ave, property is on left/East side of the road.
Street #: 3010
Street Name: Joan
Street Suffix: Avenue
Area: 03 - Bay County - Beach
State: FL
Zip Code: 32408
County: Bay
Subdivision: No Named Subdivision
Parcel ID: 30190-010-000
Legal Description: 6 4S 15 -4.3-58B3 BEG INTER W BNDRY LI BEL AIR & N R/W THOMA S DR TH NWLY ALG R/W 928.81' & N ALG E R/W JOAN AV 578' FOR POB. TH N 341.27, MEANDER SELY ALG WTR 392.65', SWLY 116.27', W 185.5' TO POB LESS PART OF DRIVE ON S SIDE BACK ASSESS 1987 ORB 3 892 P 202
General Property Info
Acreage: 1.38
Lot Size (SqFt): 60113
Lot Dimensions: IRREGULAR
Sub-Type: Vacant Land
Listing Info, Tax & Legal
HOA Fee: No
Last Taxes: 5736
Last Tax Year: 2020
As Is: Yes
Remarks & Misc
Remarks: Investor/Developer Alert! Acreage on Grand Lagoon with Gulf Access and 2 Blocks to Beach Access. Zoned SR-1 Seasonal/Resort Residential in Unincorporated Panama City Beach. This zoning allows numerous residential and some commercial uses including hotel, motel, bed & breakfast and can be combined with hospitality businesses such as shops, restaurant, bars, etc. Residential use allows up to 15 Units per Acre. Prior development plan allowed for 8 detached 3 story homes, averaging only $150K per lot, great for Vacation Rentals, Multi-Family, or Luxury Private Residences. Near entertainment, restaurants, shopping, boating, beach access, golf, and more! Call or e-mail for more information on zoning, plans, etc. Buyer to confirm all aspects of lot size, feasibility, improvements, etc.
Status Change Info
Sold Price/Acre: 797101.45
Under Contract Date: 2022-08-29
Sold Date: 2022-09-19
Sold Price: $1,100,000
Financing
Cash: 1
Conventional: 1
Lot Features
Irregular: 1
Near Beach Access: 1
Near Public Boat Ramp: 1
Waterfront: 1
Within 1/2 Mile to Water: 1
Waterfront Feature
Shore - Natural: 1
Lot Access
City Street: 1
Present Zoning
Resid Multi-Family: 1
Utilities
Public Sewer Available: 1
Waterview
Lagoon: 1
Sale Type
As Is: 1
Waterfront Type
Lagoon/Estuary: 1
Property Features
Financing: Cash; Conventional
Lot Access: City Street
Lot Features: Irregular; Near Beach Access; Near Public Boat Ramp; Waterfront; Within 1/2 Mile to Water
Sale Type: As Is
Utilities: Public Sewer Available
Waterfront Type: Lagoon/Estuary
Waterfront Feature: Shore - Natural
Waterview: Lagoon
Present Zoning: Resid Multi-Family
Listing Office: Keller Williams Success Realty
Last Updated: October - 02 - 2024
Information deemed reliable but not guaranteed.