$950,000
Panama City, FL 32404
MLS# 652386
Status: Sold
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Property Description
Morningside, a prime acquisition opportunity that was tied up in a difficult foreclosure until recently. This is a fully Entitled Subdivision. +/- 60 acre with 146 homesites, multi family and single family. Approximately 30% devoted to green space. Centrally located to Tyndall Air Force Base, Airport, Panama City, and the Worlds Greatest Beaches This presents an opportunity for national builders to enter into the market very quickly, just as many major economic development successes are being announced.
Details
Maps
Contract Info
List Price/Acre: 24983.33
Named Exception: Yes
List Date: 2017-01-02
List Price: $1,499,000
Current Price: $950,000
Sub-Type: Unimproved Commercial
Location, Tax & Legal
Sub Area: 0414 - Bay North - East Deerpoint/Bear Creek
Business Name: Other
Community/Resort: None
Waterfront: Yes
Section: 26
Township: 2S
Range: 13W
Elementary School: Tommy Smith
Middle School: Merritt Brown
High School: Mosley
Directions: Hwy 231 N. accross from the Intermodel Distribution Center entrance, accross Hwy 231 from Commerce Blvd, look for the Morningside Arch on your left.
HOA Fee: No
Street #: 7305
Street Name: MORNINGSIDE SUBDIV HWY 231
State: FL
Zip Code: 32404
County: Bay
Area: 04 - Bay County - North
Subdivision: No Named Subdivision
Parcel ID: 05469-019-000
Legal Description: Each lot has a tax ID
General Property Info
Acreage: 60
Lot Size (SqFt): 2613600
Is Subject Leased: No
Remarks & Misc
Remarks: Morningside, a prime acquisition opportunity that was tied up in a difficult foreclosure until recently. This is a fully Entitled Subdivision. +/- 60 acre with 146 homesites, multi family and single family. Approximately 30% devoted to green space. Centrally located to Tyndall Air Force Base, Airport, Panama City, and the Worlds Greatest Beaches This presents an opportunity for national builders to enter into the market very quickly, just as many major economic development successes are being announced.
Status Change Info
Sold Price/Acre: 15833.33
Status: Sold
Under Contract Date: 2020-06-09
Sold Date: 2020-07-20
Sold Price: $950,000
Financing
Cash: 1
Conventional: 1
Lot Features
Cleared: 1
Retention Pond: 1
Site Plan: 1
Survey Available: 1
Lot/Parcel Access
County Road: 1
Paved Road: 1
Present Zoning
Resid Multi-Family: 1
Resid Single Family: 1
Utilities
All Utilities: 1
Electricity - Connected: 1
Public Sewer - Connected: 1
Water Connected: 1
Sale Type
As Is: 1
REO/Foreclosed: 1
Waterfront Type
Pond w/o Gulf Access: 1
TransportationAccess
4 - Lane: 1
County Road: 1
Divided Highway: 1
Paved: 1
Property Features
TransportationAccess: 4 - Lane; County Road; Divided Highway; Paved
Financing: Cash; Conventional
Lot Features: Cleared; Retention Pond; Site Plan; Survey Available
Sale Type: As Is; REO/Foreclosed
Utilities: All Utilities; Electricity - Connected; Public Sewer - Connected; Water Connected
Waterfront Type: Pond w/o Gulf Access
Present Zoning: Resid Multi-Family; Resid Single Family
Listing Office: ERA Neubauer Real Estate Inc
Last Updated: October - 08 - 2024
Information deemed reliable but not guaranteed.