$3,000,000
338 W Highway 388
Southport, FL 32409
MLS# 711416
Status: Sold



338 W Highway 388, Southport, FL 32409
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338 W Highway 388, Southport, FL 32409 338 W Highway 388, Southport, FL 32409 338 W Highway 388, Southport, FL 32409 338 W Highway 388, Southport, FL 32409 338 W Highway 388, Southport, FL 32409 338 W Highway 388, Southport, FL 32409 338 W Highway 388, Southport, FL 32409 338 W Highway 388, Southport, FL 32409

Property Description
This is one of the few large parcels available in the W Hwy 388 Airport corridor between SR 77 and SR 79. The site is comprised of Three parcels, (Tax ID #'s 07598-000-000, 07598-001-000 and 26598-000-000) totaling approximately 104 acres. The site has over 2,640 ft. of road frontage on North Side of Hwy 388, approximately 2,000 feet of road frontage on South side. This portion of Hwy 388 is part of the West Bay Parkway Project (FDOT Project Number 424464-7) including 4-lane and road modifications to connect W Hwy 388 with E Hwy 388. Much of the property is cleared. The intent of this project is to widen and realign approximately six miles of SR 388 and east of Burnt Mill Creek to SR 77. The existing two-lane roadway will be reconstructed as a four-lane divided roadway and will in

Details
Maps
Contract Info
List Date: 2021-05-07
List Price: $3,500,000
List Price/Acre: 33653.85
Current Price: $3,000,000
Sub-Type: Vacant Land
List Type: Exclusive Right of Sale
Location Tax Legal
Street #: 338
Street Direction: W
Street Name: Highway 388
State: FL
Zip Code: 32409
County: Bay
Area: 04 - Bay County - North
Subdivision: No Named Subdivision
Parcel ID: 07598-000-000
Legal Description: 7 2S 14W -4- BEG SE COR OF SW1/4 OF SW1/4 OF SEC TH N 840' W 520' S 840 E 520' TO POB LESS SR R/W ORB 3637 P 2117
General Property Info
Acreage: 104
Lot Size (SqFt): 4530240
Frontage Feet: 2640
Is Subject Leased: No
Status Change Info
Status: Sold
Under Contract Date: 2022-09-06
Sold Date: 2023-03-08
Sold Price: $3,000,000
Sold Price/Acre: 28846.15
Property Features
TransportationAccess: 2 - Lane; County Road; Near Airport; Paved; Other - See Remarks
Financing: Cash; Conventional
Lot Features: Aerials/Topo Available; Raw Acreage; Wooded
Utilities: Electricity - Connected; Electricity - Availabile; Phone - Connected; Private Well - Needed; Septic - Needed; TV Cable
Present Zoning: Agriculture; Other - See Remarks
Supplements
and will include a 12-foot shared-use path along the south side of the roadway. The eastern 1.5 miles of the project will realign SR 388 northward to intersect with SR 77 at CR 388 and a cul-de-sac will be constructed on existing SR 388 approximately 1 mile west of the existing SR 388 intersection at SR 77 and Edwards Road. Right-of-way and construction are not funded in the current FDOT Five-Year Work Program. The property is also surrounded by the West Bay Sector Plan adopted in May 2015. The West Bay Sector Plan, which remains one of the largest and most comprehensive land use plans in the state, encompasses approximately 75,000 acres and includes the Northwest Florida Beaches International Airport, preservation areas as well as opportunities for residential, commercial and light industrial land uses. This property is primarily zoned Agricultural-Timberland under current county planning, Elevations are 46-50 ft above sea level (see attached county topo); Portions of the property include Forested Shrub Wetlands (map attached);

Listing Office: ERA Neubauer Real Estate Inc

Last Updated: October - 08 - 2024

Information deemed reliable but not guaranteed.