$2,450,000
Panama City Beach, FL 32408
MLS# 667207
Status: Sold
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Property Description
One of the last large Gulf-front lots available. The property includes 133 feet of Gulf-front land by 250 feet deep. The sellers will consider subdividing the property into two 66.7' wide lots or even three 44.4' wide lots (#3 lots would require a property owner's association). Zoned SR-2, Seasonal Resort-2 in unincorporated Bay County. Maximum density is #11 units. Gulf Drive is a quiet Gulf-front street on the east-end of Panama City Beach. The property is down the street from Schooner's-the last local beach club, and it is within walking distance to St. Andrew's State Park. The marinas are within 1-mile along with other popular restaurants-Captain Anderson's, The Grand Marlin, Sister's of the Sea, etc. Additional pictures and the survey are attached. Call for additional information.
Details
Maps
Contract Info
Status: Sold
List Date: 2018-01-22
List Price: $2,600,000
Current Price: $2,450,000
List Price/Acre: 3376623.38
Location
Street #: 5501
Street Name: GULF
Street Suffix: Drive
Area: 03 - Bay County - Beach
State: FL
Zip Code: 32408
County: Bay
Sub Area: 0323 - Beach - South of Grand Lagoon
Subdivision: Gulf Lagoon Beach
Community/Resort: None
Waterfront: Yes
Parcel ID: 32308-000-000
Elementary School: Patronis
Middle School: Surfside
High School: Arnold
Directions: South on Thomas Drive, west of Schooner's Local Beach Club. Turn south on Hurt Street to Gulf Drive. Look for large Gulf-front vacant lot at 5501 Gulf Drive.
Legal Description: GULF LAGOON BEACH LOTS 4, 5 & W 33 1/3' OF LOT 3 BLK 8 (5.01) ORB 3139 P 1323 ORB 3140 P 1
General Property Info
Sub-Type: Vacant Land
Lot Dimensions: 133.33 x 250
Acreage: 0.77
Lot Size (SqFt): 33333
Beach Frontage: 133.33
Status Change Info
Under Contract Date: 2018-05-16
Sold Date: 2018-06-15
Sold Price: $2,450,000
Sold Price/Acre: 3181818.18
Waterfront Feature
Waterfront Feet: 133.33
Property Features
Financing: Cash; Conventional
Lot Access: County Road; Paved Road
Lot Features: Cleared; Coastal Construction Control Line; Near Beach Access; Survey Available; Waterfront; Will Divide; Within 1/2 Mile to Water
Sale Type: As Is
Utilities: Public Sewer Available; Water Connected
Waterfront Type: Gulf
Waterfront Feature: Shore - Beach; Shore - Natural
Waterview: Gulf
Present Zoning: County; Resid Multi-Family; Resid Single Family; Other - See Remarks
Listing Office: Counts Real Estate Group Inc
Last Updated: October - 01 - 2024
Information deemed reliable but not guaranteed.