$475,000
Panama City, FL 32401
MLS# 637134
Status: Sold
1 / 7
Property Description
Back on the Market. Seller says, ''Bring an Offer!'' Reduced from $1,250,000 to $795,000! PRICED TO SELL!!! +/-4.88 acres for sale on Watson Bayou at the southwest corner of E. Business Highway 98 (a/k/a U.S. Hwy. 98) and Maple Avenue. The subject property includes three parcels 22308-000-000 (the corner), 22306-000-000 (adjacent parcel to the south and submerged land lease), and 22387-000-000 (single family home at 309 Maple Ave. - no value). In addition, there is a submerged land lease with 0.91 acres). The existing marina includes 36 slips, bulk-head, seawall and boat ramp. The docks and pilings need to be repaired and/or replaced. The water depth ranges from 4' to 15' providing deep water access to Watson Bayou, St. Andrew Bay and the Gulf of Mexico. The survey, with topo, is attached
Details
Maps
Contract Info
List Price/Acre: 162909.84
Named Exception: No
List Date: 2015-10-16
List Price: $795,000
Current Price: $475,000
Sub-Type: Vacant Land
Location, Tax & Legal
Sub Area: 0202 - Bay - Central SE
Business Name: 1800 E. Hwy 98
Community/Resort: None
Waterfront: Yes
Section: 10
Elementary School: Cherry Street
Middle School: Jinks
High School: Bay
Directions: From Downtown Panama City, travel east on East Business Highway 98. Cross Watson Bayou. Property located at the southwest corner of E. Business Highway 98 and Maple Ave.
HOA Fee: No
Street #: 1800
Street Name: HWY 98
State: FL
Zip Code: 32401
County: Bay
Area: 02 - Bay County - Central
Subdivision: No Named Subdivision
Parcel ID: 22308-000-000
Legal Description: 10 4S 14W -77- BEG ON S LINE RD #10 210'E OF W LINE OF SE1/4 OF NW1/4 TH S 475' E 100' N 150' E 350' N 325' W 450' TO POB LESS SUBMERGED LANDS ORB 3376 P 2129
General Property Info
Acreage: 4.88
Frontage Feet: 423
Is Subject Leased: No
Remarks & Misc
Remarks: Back on the Market. Seller says, ''Bring an Offer!'' Reduced from $1,250,000 to $795,000! PRICED TO SELL!!! +/-4.88 acres for sale on Watson Bayou at the southwest corner of E. Business Highway 98 (a/k/a U.S. Hwy. 98) and Maple Avenue. The subject property includes three parcels 22308-000-000 (the corner), 22306-000-000 (adjacent parcel to the south and submerged land lease), and 22387-000-000 (single family home at 309 Maple Ave. - no value). In addition, there is a submerged land lease with 0.91 acres). The existing marina includes 36 slips, bulk-head, seawall and boat ramp. The docks and pilings need to be repaired and/or replaced. The water depth ranges from 4' to 15' providing deep water access to Watson Bayou, St. Andrew Bay and the Gulf of Mexico. The survey, with topo, is attached
Status Change Info
Sold Price/Acre: 97336.07
Status: Sold
Under Contract Date: 2016-07-22
Sold Date: 2016-09-20
Sold Price: $475,000
Financing
Cash: 1
Conventional: 1
Lot Features
Aerials/Topo Available: 1
Corner Lot: 1
Easements: 1
Sloping: 1
Survey Available: 1
Topographical Survey: 1
Water Rights: 1
Waterfront Feature
Shore - Seawall: 1
Waterfront Feet: 936
Lot/Parcel Access
City Road: 1
Paved Road: 1
Present Zoning
General Commercial: 1
Association Amenities
Boat Launch: 1
Dock: 1
Marina: 1
Utilities
TV Cable: 1
Community Water: 1
Electricity - Connected: 1
Natural Gas - Available: 1
Phone - Connected: 1
Sewer Available: 1
Water Connected: 1
Sale Type
As Is: 1
Waterfront Type
Bayou w/ Gulf Access: 1
Harbor w/ Gulf Access: 1
TransportationAccess
2 - Lane: 1
4 - Lane: 1
Access-Intercoastal: 1
City Road: 1
Paved: 1
Property Features
TransportationAccess: 2 - Lane; 4 - Lane; Access-Intercoastal; City Road; Paved
Financing: Cash; Conventional
Lot Features: Aerials/Topo Available; Corner Lot; Easements; Sloping; Survey Available; Topographical Survey; Water Rights
Sale Type: As Is
Utilities: Community Water; Electricity - Connected; Natural Gas - Available; Phone - Connected; Water Connected; Sewer Available; TV Cable
Waterfront Type: Bayou w/ Gulf Access; Harbor w/ Gulf Access
Waterfront Feature: Shore - Seawall
Present Zoning: General Commercial
Supplements
The large parcels are zoned General Commercial; GC-2, and the residence at 309 Maple Ave.
is zoned Urban Residential-2. Ideal location for a new marina with a new boat barn and/or maintenance facility.
Listing Office: Counts Real Estate Group Inc
Last Updated: October - 08 - 2024
Information deemed reliable but not guaranteed.