$2,500,000
Panama City, FL 32405
MLS# 720953
Status: Sold
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Property Description
Location Location!!! This Prime piece of commercial real estate boasts of 9.0 +/- acres and the parcel includes 365' +/- of water frontage on the Robinson Bayou. This commercial development site is in the heart of Panama City, and ready to be developed. The site is zoned Mixed Use-3 (MU-3 | City of Panama City). The Lot has been partially cleared. There is a path to drive down to reach the water.
Details
Maps
Contract Info
List Date: 2022-01-07
List Price: $2,700,000
List Price/Acre: 300000
Current Price: $2,500,000
Sub-Type: Unimproved Commercial
List Type: Exclusive Right of Sale
Location Tax Legal
Street #: 3595
Street Name: Frankford Ave
Street Suffix: Avenue
State: FL
Zip Code: 32405
County: Bay
Area: 02 - Bay County - Central
Subdivision: [No Recorded Subdiv]
Parcel ID: 26658-040-000
Legal Description: 24 3S 15W -1.6- 78D BEG AT PT ON W R/W FRANKFORD AV WHICH IS 1966.42' N OF SE COR OF SEC TH N 463.94' TH W 774.23' NWLY 97' TH RUN SOUTH 166.10' TO MEAN HIGH WATER LINE OF ROBINSON BAYOU TH RUN SLY ALONG SAID WATER LINE FOR 340' M/L TO A POINT THAT BEARS N89(DEGREES)W FROM POB TH RUN S89(DEGREES)E 805.046' M/L TO POB ORB 4432 P 355
General Property Info
Acreage: 9
Lot Size (SqFt): 392040
Is Subject Leased: No
Status Change Info
Status: Sold
Under Contract Date: 2022-01-20
Sold Date: 2022-06-20
Sold Price: $2,500,000
Sold Price/Acre: 277777.78
Waterfront Feature
Waterfront Feet: 365
Property Features
TransportationAccess: 2 - Lane; County Road
Financing: Cash; Conventional
Lot Features: Survey Available
Utilities: All Utilities
Waterfront Type: Bay/Harbor; Bayou w/ Gulf Access
Listing Office: Beachy Beach Real Estate
Last Updated: October - 08 - 2024
Information deemed reliable but not guaranteed.