Property
Beds
None
Full Baths
None
1/2 Baths
None
Year Built
None
Lot size
2.87 acres
Prime Development Opportunity with Existing Residence on Expansive Acreage! Rarely does a property offer this combination of immediate usability and long-term development upside. Situated on a large tract in a rapidly growing area, this property features an existing 2-bedroom, 1-bath residence, while presenting exceptional redevelopment potential for builders, developers, and investors. Preliminary development discussions indicate the site may support approximately eight homes per acre, subject to all local, state, and federal approvals, engineering, zoning, permitting, and final governmental review. A small wetland area is believed to be mitigable through the purchase of wetland mitigation credits, potentially maximizing the property's overall development yield. The existing residence provides flexibility as a temporary office, rental property, caretaker's home, or holding asset while planning and entitlement work is completed. This property is currently zoned for a large equestrian estate, and is truly one of a kind. On site there is county water, sewer, two lift stations, and a foundation that is build ready! Rare opportunity to own nearly 3 acres of property just 5 minutes to the sugar white sands of Panama City Beach. Whether your vision is a boutique residential community, custom home enclave, strategic long-term investment, or an equestrian ranch or family estate, this property offers the scale and flexibility to bring that vision to life. Buyer to independently verify all zoning, density, permitted uses, environmental conditions, utility availability, wetland delineation, mitigation requirements, and development feasibility with the appropriate governmental agencies and licensed professionals.
Features & Amenities
Interior
-
Total Bedrooms
N/A
-
Bathrooms
N/A
-
Pet friendly
N/A
Exterior
-
Garage
No
-
Pool
No
-
Waterfront YN
NO
Area & Lot
-
Lot Features
Paved
-
Lot Size(acres)
2.87
-
Lot Size(square feet)
124,974
-
Property Type
Land
-
Property Sub Type
UnimprovedLand
Price
-
Sales Price
$899,000
-
Tax Amount
$7,428.07
-
Zoning
Resid Single Family
-
Sq. Footage
N/A
-
Price/SqFt
N/A
HOA
-
Association
No
School District
-
Elementary School
Patronis
-
Middle School
Surfside
-
High School
Arnold
Property Features
-
Sewer
Public Sewer
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Location
County
Bay
Elementary School
Patronis
Middle School
Surfside
High School
Arnold
Listing Courtesy of Abbott Martin Group , EXP Realty LLC
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REALTOR®
Melissa Brown
Call Melissa today to schedule a private showing.
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