$425,000
Panama City, FL 32404
MLS# 750975
1 / 20
Property Description
This large, vacant land parcel is a DEVELOPERS DREAM at nearly 5 acres and with a Development Order in place. Zoning is Residential Multi-Family High Density you can begin this development immediately. The development order is for a 30-unit townhome subdivision. An ideal location for new townhomes, this development is in the heart of the fast-growing Callaway community. The parcel is just .10 miles off of N Tyndall Parkway, nestled in a residential neighborhood. There are abundance of dining, shopping, and entertainment venues on and around Tyndall Parkway within 2 miles including Winn Dixie, WalMart, Taco Bell, Chick-Fil-A, Planet Fitness, Starbucks, Aldi, Bowling, a Public Boat Ramp and more. Easily accessible to Tyndall Air Force Base, this location is an easy 5.5 mile drive and only Mexico Beach is 20 miles. This is an incredible opportunity to make your mark on the growth of the East end of Bay County! Buyer to verify all information.
Details
Maps
Contract Info
Status: Active
List Date: 2024-01-05
List Price: $425,000
Current Price: $425,000
List Price/Acre: 91991.34
Location
Street #: 429
Street Direction: S
Street Name: Burkett
Street Suffix: Drive
Area: 02 - Bay County - Central
State: FL
Zip Code: 32404
County: Bay
Sub Area: 0202 - Bay - Central SE
Subdivision: Callaway
Community/Resort: None
Waterfront: No
Parcel ID: 07037-000-000
Elementary School: Parker
Middle School: Everitt
High School: Rutherford
Directions: Go south on N Tyndall Parkway. Take a left onto N Lakewood Dr and then a right onto S Burkett Dr. Dead ends into property.
Legal Description: 18 4S 13W -29.4-132B2-BEG BEG 1341.27' S 750.31' W 1156.26' S & 30' E OF THE NW COR OF THE NE1/4 OF NW1/4 TH CONT E 252.32' S 110' TO N R/W E 60' N 110' E 170' N 19.61' E 88' N 208.96' WLY 15.30' N 123' W 555.32' S 347.80' TO POB -29.4- 106A ORB 4566 P 366
General Property Info
Sub-Type: Vacant Land
Lot Dimensions: Approx. 569' x 362'
Acreage: 4.62
Lot Size (SqFt): 201421
Property Features
Financing: Cash; Conventional
Lot Access: City Street; Paved Road
Lot Features: Cleared; Dead End; Near Public Boat Ramp; Site Plan; Survey Available
Sale Type: As Is
Utilities: None
Present Zoning: Resid Multi-Family
Listing Office: Corcoran Reverie
Last Updated: October - 09 - 2025
Information deemed reliable but not guaranteed.