$2,500,000
Panama City, FL 32405
MLS# 720953
Status: Sold
1 / 10
Property Description
Location Location!!! This Prime piece of commercial real estate boasts of 9.0 +/- acres and the parcel includes 365' +/- of water frontage on the Robinson Bayou. This commercial development site is in the heart of Panama City, and ready to be developed. The site is zoned Mixed Use-3 (MU-3 | City of Panama City). The Lot has been partially cleared. There is a path to drive down to reach the water.
Details
Maps
Contract Info
List Price/Acre: 300000
List Type: Exclusive Right of Sale
Named Exception: No
List Date: 2022-01-07
List Price: $2,700,000
Current Price: $2,500,000
Sub-Type: Unimproved Commercial
Location, Tax & Legal
Sub Area: 0204 - Bay - Central NW
Community/Resort: None
Waterfront: Yes
Elementary School: Northside
Middle School: Jinks
High School: Bay
Directions: The subject property is located at the SW Corner of Frankford Ave & Pacificia Lane The 9.0 +/- acre waterfront commercial development site is located near the northern terminus of Frankford Avenue in Panama City, FL. The waterfront sit is adjacent to the former Panama City Airport which in being redeveloped into Sweet Bay, a 700+/- acre mixed use master planned development
HOA Fee: No
Street #: 3595
Street Name: Frankford Ave
Street Suffix: Avenue
State: FL
Zip Code: 32405
County: Bay
Area: 02 - Bay County - Central
Subdivision: [No Recorded Subdiv]
Parcel ID: 26658-040-000
Legal Description: 24 3S 15W -1.6- 78D BEG AT PT ON W R/W FRANKFORD AV WHICH IS 1966.42' N OF SE COR OF SEC TH N 463.94' TH W 774.23' NWLY 97' TH RUN SOUTH 166.10' TO MEAN HIGH WATER LINE OF ROBINSON BAYOU TH RUN SLY ALONG SAID WATER LINE FOR 340' M/L TO A POINT THAT BEARS N89(DEGREES)W FROM POB TH RUN S89(DEGREES)E 805.046' M/L TO POB ORB 4432 P 355
General Property Info
Acreage: 9
Lot Size (SqFt): 392040
Is Subject Leased: No
Remarks & Misc
Remarks: Location Location!!! This Prime piece of commercial real estate boasts of 9.0 +/- acres and the parcel includes 365' +/- of water frontage on the Robinson Bayou. This commercial development site is in the heart of Panama City, and ready to be developed. The site is zoned Mixed Use-3 (MU-3 | City of Panama City).
The Lot has been partially cleared. There is a path to drive down to reach the water.
Status Change Info
Sold Price/Acre: 277777.78
Status: Sold
Under Contract Date: 2022-01-20
Sold Date: 2022-06-20
Sold Price: $2,500,000
Financing
Cash: 1
Conventional: 1
Lot Features
Survey Available: 1
Waterfront Feature
Waterfront Feet: 365
Lot/Parcel Access
City Road: 1
Present Zoning
City: 1
Utilities
All Utilities: 1
Waterfront Type
Bay/Harbor: 1
Bayou w/ Gulf Access: 1
TransportationAccess
2 - Lane: 1
County Road: 1
Property Features
TransportationAccess: 2 - Lane; County Road
Financing: Cash; Conventional
Lot Features: Survey Available
Utilities: All Utilities
Waterfront Type: Bay/Harbor; Bayou w/ Gulf Access
Listing Office: Beachy Beach Real Estate
Last Updated: October - 08 - 2024
Information deemed reliable but not guaranteed.