$773,000
Panama City, FL 32405
MLS# 650016
Status: Sold
1 / 1
Property Description
GREAT DEVELOPMENT OPPORTUNITY – Great for Apartment Homes – Office – Medical – Senior Related Development. 27.6± Acres – 990± Ft. on Jenks Ave. (Eastside) by 1,220± Ft. Deep. Zoned High Density Residential (City of Lynn Haven). The site may be permitted to accommodate a 220± Unit Apartment Development. It is believed the Zoning (Land Use) can be changed to Mixed Use which would allow for a wide range of uses, as well as, Multi-Family. There is an 8 in. water line and a 4 in. Sewer Force Main on the rear of the property. The Traffic Count is 11,700 (FDOT 2014). Near and Centrally Located to Grocery, Retail, Restaurants, Medical Offices and Hospitals.
Details
Maps
Contract Info
List Price/Acre: 47101.45
Named Exception: No
List Date: 2016-08-26
List Price: $1,300,000
Current Price: $773,000
Sub-Type: Land/Acres
Location, Tax & Legal
Sub Area: 0204 - Bay - Central NW
Business Name: NA
Community/Resort: None
Elementary School: Hiland Park
Middle School: Mowat
High School: Mosley
Directions: The property is located on Jenks Avenue (Eastside), One – Quarter Mile± South of 26th Street and One Half± Mile North of Baldwin Road
HOA Fee: No
Street #: 000
Street Name: Jenks
Street Suffix: Avenue
State: FL
Zip Code: 32405
County: Bay
Area: 02 - Bay County - Central
Subdivision: [No Recorded Subdiv]
Parcel ID: 11740-200-000
Legal Description: Long Legal – 27.6± Acres; 990± SF Fronting Jenks Avenue (Eastside) by 1,220± Deep; Bay County Real Estate Parcel Number 11740-200-000
General Property Info
Site Dimensions: 990 x 1,220
Acreage: 27.6
Frontage Feet: 990
Is Subject Leased: No
Remarks & Misc
Remarks: GREAT DEVELOPMENT OPPORTUNITY – Great for Apartment Homes – Office – Medical – Senior Related Development. 27.6± Acres – 990± Ft. on Jenks Ave. (Eastside) by 1,220± Ft. Deep. Zoned High Density Residential (City of Lynn Haven). The site may be permitted to accommodate a 220± Unit Apartment Development. It is believed the Zoning (Land Use) can be changed to Mixed Use which would allow for a wide range of uses, as well as, Multi-Family. There is an 8 in. water line and a 4 in. Sewer Force Main on the rear of the property. The Traffic Count is 11,700 (FDOT 2014). Near and Centrally Located to Grocery, Retail, Restaurants, Medical Offices and Hospitals.
Status Change Info
Sold Price/Acre: 28007.25
Status: Sold
Under Contract Date: 2017-09-12
Sold Date: 2017-10-20
Sold Price: $773,000
Existing Leases
Other - See Remarks: 1
Financing
Other - See Remarks: 1
Lot Features
Aerials/Topo Available: 1
Front Footage: 1
Interior Lot: 1
Need Fill: 1
Raw Acreage: 1
Survey Available: 1
Other - See Remarks: 1
Lot/Parcel Access
County Road: 1
Paved Road: 1
Other - See Remarks: 1
Present Zoning
City: 1
Multi-Family: 1
Other - See Remarks: 1
Project Facilities
Other - See Remarks: 1
Utilities
All Utilities: 1
Electricity - Connected: 1
Public Sewer - Connected: 1
Sewer Available: 1
Water Connected: 1
Water Available: 1
Other - See Remarks: 1
Sale Type
As Is: 1
Other - See Remarks: 1
TransportationAccess
2 - Lane: 1
County Road: 1
Paved: 1
Other - See Remarks: 1
Property Features
TransportationAccess: 2 - Lane; County Road; Paved; Other - See Remarks
Existing Leases: Other - See Remarks
Financing: Other - See Remarks
Lot Features: Aerials/Topo Available; Front Footage; Interior Lot; Need Fill; Raw Acreage; Survey Available; Other - See Remarks
Project Facilities: Other - See Remarks
Sale Type: As Is; Other - See Remarks
Utilities: All Utilities; Electricity - Connected; Public Sewer - Connected; Water Connected; Sewer Available; Water Available; Other - See Remarks
Present Zoning: Multi-Family; Other - See Remarks
Listing Office: Counts Real Estate Group
Last Updated: October - 08 - 2024
Information deemed reliable but not guaranteed.