$900,000
Panama City, FL 32408
MLS# 711059
Status: Sold
|
1 / 25
Property Description
BACK ON MARKET!! Imagine what you can build on this 2.87 acre waterfront parcel. Perhaps an estate home facing St. Andrews Bay with a private road, multiple guest cottages, maybe tennis courts or equestrian stables. Already permitted for a dock, this coastal lot is ready for your dream home and maybe a multi car garage, large swimming pool and exercise workout facility as part of the vision. The possibilities are endless, and it starts here tucked away in a quiet area of ''Magnolia Beach'' in unincorporated Bay County. This huge vacant lot boasts 100 feet on the water with 1253' in depth allowing for many ideas for this parcel. Zoned for up to 8 single family homes, (Zoned R-1) one could easily accommodate several generation's homes, in one location. Residential lots of this size are
Details
Maps
Contract Info
List Price/Acre: 339721.25
Status: Sold
List Date: 2021-04-21
List Price: $975,000
Current Price: $900,000
Location
Sub Area: 0319 - Beach - East
Community/Resort: None
Waterfront: Yes
Elementary School: Patronis
Middle School: Surfside
High School: Arnold
Directions: From US Highway 98, turn South on Thomas Drive. Travel 1.8 miles to Magnolia Beach Road. Head East on Magnolia Beach Road (stay left at V in road) 1.6 miles. Property is on the North side of Magnolia Beach Road. This property is the West 1/4 (approximately) of the larger vacant and cleared property.
Street #: 4700
Street Name: Magnolia Beach
Street Suffix: Road
Area: 03 - Bay County - Beach
State: FL
Zip Code: 32408
County: Bay
Subdivision: [No Recorded Subdiv]
Parcel ID: 31232-010-000
Legal Description: WITH LINE RUNNING N00.35'13'' FROM POB TH RUN S 1253.20' M/L TO POB 10 4S 15W -5.1- 69D1 BEG 1381.6' E OF THE NLY R/W LINE OF MAGNOLIA BCH RD & THE W LINE OF US GOV LOT 8 FOR POB TH RUN E ALONG SAID R/W 99' TH N 1269.39' M/L TO WATERS EDGE OF ST ANDRE WS BAY TH WLY ALONG WATERS EDGE 100.1' M/L TO INT
General Property Info
Acreage: 2.87
Lot Size (SqFt): 125017
Lot Dimensions: 100 x 1253
Beach Frontage: 100
Sub-Type: Vacant Land
Listing Info, Tax & Legal
HOA Fee: No
Last Taxes: 7782
Last Tax Year: 2020
Brokerage Interest: No Interest
As Is: Yes
Remarks & Misc
Remarks: BACK ON MARKET!! Imagine what you can build on this 2.87 acre waterfront parcel. Perhaps an estate home facing St. Andrews Bay with a private road, multiple guest cottages, maybe tennis courts or equestrian stables. Already permitted for a dock, this coastal lot is ready for your dream home and maybe a multi car garage, large swimming pool and exercise workout facility as part of the vision. The possibilities are endless, and it starts here tucked away in a quiet area of ''Magnolia Beach'' in unincorporated Bay County. This huge vacant lot boasts 100 feet on the water with 1253' in depth allowing for many ideas for this parcel. Zoned for up to 8 single family homes, (Zoned R-1) one could easily accommodate several generation's homes, in one location. Residential lots of this size are
Status Change Info
Sold Price/Acre: 313588.85
Under Contract Date: 2021-06-18
Sold Date: 2021-07-30
Sold Price: $900,000
Assumable Mtg Typ
Conventional: 1
Financing
Cash: 1
Conventional: 1
Lot Features
Aerials/Topo Availbl: 1
Waterfront: 1
Within 1/2 Mile to Water: 1
Waterfront Feature
Shore - Natural: 1
Waterfront Feet: 100
Lot Access
County Road: 1
Paved Road: 1
Present Zoning
County: 1
Resid Single Family: 1
Utilities
Electricity - Connected: 1
Public Sewer - Connected: 1
Water Connected: 1
Other - See Remarks: 1
Waterview
Bay: 1
Sale Type
As Is: 1
Waterfront Type
Bay/Harbor: 1
See Remarks: 1
Property Features
Assumable Mtg Typ: Conventional
Financing: Cash; Conventional
Lot Access: County Road; Paved Road
Lot Features: Aerials/Topo Availbl; Waterfront; Within 1/2 Mile to Water
Sale Type: As Is
Utilities: Electricity - Connected; Public Sewer - Connected; Water Connected; Other - See Remarks
Waterfront Type: Bay/Harbor; See Remarks
Waterfront Feature: Shore - Natural
Waterview: Bay
Present Zoning: County; Resid Single Family
Supplements
very rare, and coupled with boating capabilities, and a great location just minutes away from the Emerald waters and white sand beaches, the peaceful country feeling of open spaces on the coast, is a unique offering. Surrounded by the desirable gated and upscale residential communities of Bay Point, The Preserve by the Bay and the Magnolia Bay Club, a Private estate would fit in with the near-by world class golf, tennis and boating facilities. Coastal build out would be 30' from the high water mark with Magnolia Beach at sea level to well above sea level for much of the remaining site-- And those views! St. Andrews Bay, the up-lit Hathaway Bridge at night and the Port of Panama City Beach with deep water and quick access to the Gulf of Mexico. A dream come true. Please feel free to drive by 4700 Magnolia Beach Road to see this unique parcel.'
Listing Office: Counts Real Estate Group Inc
Last Updated: November - 25 - 2024
Information deemed reliable but not guaranteed.