$6,450,000
Panama City Beach, FL 32413
MLS# 725148
Status: Sold
1 / 7
Property Description
Incredible development opportunity! This ~3.65 Acre Gulf front commercial parcel on Front Beach Road offers ~450 feet of Gulf frontage and has a approved development order extended through 2016 for approx. 340 units. This is one of the largest developments on the market in Northwest Florida and is priced competitively. This property is conveniently located next to the County Pier and several restaurants within walking distance. The popular Pier Park Mall is just 3.5 miles west offering 900,000 sq. ft. entertainment, restaurants, and shopping. There is current commercial expansion within Bay and Walton counties, giving this parcel a lot of potential. The location is just 14 miles south of Northwest Florida Beaches International Airport, making this a convenient destination.
Details
Documents
Contract Info
Listing Board: Emerald Coast
List Date: 2015-03-14
List Price: $6,994,000
Location, Tax and Legal
Sub Area: 2718 - Beach - Central South
Property Name: TRADEWINDS
Legal Description: 27 3S 16W -55- FROM SW COR LOT 1 ORIG GO 169.1' W & NELY 220.5' WLY 66'ON 98 R/W FOR POB TH CONT WLY 450.5' SWLY 271.1' ELY ON GULF370' M/L E ON S LINE LOT 1 NELY 230' TO POB ORB 3517 P 2244
Listing Info, Tax & Legal
As Is: No
Remarks & Misc
Remarks: Incredible development opportunity! This ~3.65 Acre Gulf front commercial parcel on Front Beach Road offers ~450 feet of Gulf frontage and has a approved development order extended through 2016 for approx. 340 units. This is one of the largest developments on the market in Northwest Florida and is priced competitively. This property is conveniently located next to the County Pier and several restaurants within walking distance. The popular Pier Park Mall is just 3.5 miles west offering 900,000 sq. ft. entertainment, restaurants, and shopping. There is current commercial expansion within Bay and Walton counties, giving this parcel a lot of potential. The location is just 14 miles south of Northwest Florida Beaches International Airport, making this a convenient destination.
Class
Land: 1
Waterfront
Waterfront Feet: ~450
Construction Status
N/A: 1
Land
Property Type: Commercial
None
Current Price: $6,450,000
Status Change Info
Status: Sold
Under Contract Date: 2015-07-14
Sold Date: 2016-02-08
Sold Price: $6,450,000
Location Tax and Legal
Area: 27 - Bay County
Street #: 12513
Street Name: Front Beach
Street Suffix: Road
State: FL
Zip Code: 32413
County: Bay
Parcel ID: 34091-000-000
General Property Info
Acreage: 3.65
Property Features
Class: Land
Construction Status: N/A
Supplements
The parcel is also just 13.3 miles from the infamous, upscale community of Rosemary Beach and 14.3 miles from Alys Beach. Take advantage of this market in one of the fastest growing counties in the U.S. and watch your development grow with Panama City Beach. A full marketing packet available upon request.
Survey Listing Office: ResortQuest Real Estate
Last Updated: October - 12 - 2024
All information is believed to be accurate but is not guaranteed. Protected by Copyright© 2020 and is owned either by the Emerald Coast Association of REALTORS®, Inc or by the developers of the software, FBS, Inc. All rights reserved.
