$2,650,000
Panama City, FL 32401
MLS# 660551
Status: Sold
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Property Description
BACK ON MARKET- New updated engineering drawings and renderings coming soon: SITE: This outstanding development opportunity is located in close proximity to Panama City marina / hotel redevelop plan.. The site encompasses 3.81 acres with approximately 780 feet of waterfront on protected Massalina Bayou. OPPORTUNITY: Site engineering and has been completed for 60 units with 49 slip marina. LOCATION: This site is located at the foot of the Beach Drive draw-bridge close to the Cove area of Panama City and downtown Panama City. TIMING: As the City of Panama City continues to move forward on marina redevelopment, proposed marina hotel, property owners and developers will work to identify ways to leverage the anticipated growth with new development opportunities.
Details
Maps
Contract Info
List Price/Acre: 689223.06
List Type: Exclusive Right of Sale
Named Exception: No
List Date: 2017-03-30
List Price: $2,750,000
Current Price: $2,650,000
Sub-Type: Unimproved Commercial
Location, Tax & Legal
Sub Area: 0203 - Bay - Central SW
Business Name: Massalina Harbor
Community/Resort: None
Waterfront: Yes
Section: 09
Township: 04S
Range: 14W
Elementary School: Cherry Street
Middle School: Jinks
High School: Bay
Directions: From Downtown Harrison Ave, turn East on Beach Drive, cross Massalina Bayou Draw Bridge and property is on the left along the shores of Massalina Bayou
HOA Fee: No
Street #: 305
Street Direction: E
Street Name: BEACH
Street Suffix: Drive
State: FL
Zip Code: 32401
County: Bay
Area: 02 - Bay County - Central
Subdivision: No Named Subdivision
Parcel ID: 20154-000-000
Legal Description: 9 4S 14W -1- 70A ALL THAT PART OF NW1/4 OF SW1/4 LYING S & E OF MASSALINA BAYOU LESS DAVIS PLATS & LESS PCLS -1.1- & -1.2 SUBJ TO CONS ESMT OR3108 P1693 SUBJ TO CONS ESMT OR3108 P1714 ORB 2563 P 902-905 (3.21 acres) together with parcel 19528-000-000 (.596 Acre)
General Property Info
Site Dimensions: (see Plot Plan)
Acreage: 3.99
Lot Size (SqFt): 174000
Frontage Feet: 780
Is Subject Leased: No
Remarks & Misc
Remarks: BACK ON MARKET- New updated engineering drawings and renderings coming soon: SITE: This outstanding development opportunity is located in close proximity to Panama City marina / hotel redevelop plan.. The site encompasses 3.81 acres with approximately 780 feet of waterfront on protected Massalina Bayou. OPPORTUNITY: Site engineering and has been completed for 60 units with 49 slip marina. LOCATION: This site is located at the foot of the Beach Drive draw-bridge close to the Cove area of Panama City and downtown Panama City. TIMING: As the City of Panama City continues to move forward on marina redevelopment, proposed marina hotel, property owners and developers will work to identify ways to leverage the anticipated growth with new development opportunities.
Status Change Info
Sold Price/Acre: 664160.4
Status: Sold
Under Contract Date: 2021-05-18
Sold Date: 2021-09-30
Sold Price: $2,650,000
Financing
None: 1
Lot Features
Aerials/Topo Available: 1
Site Plan: 1
Survey Available: 1
Topographical Survey: 1
Waterfront: 1
Waterfront Feature
Shore - Natural: 1
Waterfront Feet: 780
Lot/Parcel Access
City Road: 1
Paved Road: 1
Present Zoning
City: 1
Other - See Remarks: 1
Utilities
All Utilities: 1
TV Cable: 1
Fuel - Natural Gas: 1
Natural Gas - Available: 1
Internet - Broadband Available: 1
Public Sewer - Connected: 1
Water Connected: 1
Waterview
Bay: 1
Bayou: 1
Waterfront Type
Bayou w/ Gulf Access: 1
Gulf/Pass: 1
Harbor w/ Gulf Access: 1
TransportationAccess
Access-Intercoastal: 1
Bus Service: 1
City Road: 1
Paved: 1
Property Features
TransportationAccess: Access-Intercoastal; Bus Service; City Road; Paved
Financing: None
Lot Features: Aerials/Topo Available; Site Plan; Survey Available; Topographical Survey; Waterfront
Utilities: All Utilities; Fuel - Natural Gas; Natural Gas - Available; Internet - Broadband Available; Public Sewer - Connected; Water Connected; TV Cable
Waterfront Type: Bayou w/ Gulf Access; Gulf/Pass; Harbor w/ Gulf Access
Waterfront Feature: Shore - Natural
Present Zoning: Other - See Remarks
Waterview: Bay; Bayou
Listing Office: ERA Neubauer Real Estate Inc
Last Updated: October - 08 - 2024
Information deemed reliable but not guaranteed.