305 E Beach DR, Panama City, FL 32401
305 E Beach DR, Panama City, FL 32401
305 E Beach DR, Panama City, FL 32401
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$4,500,000
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3.25 Acres Lot
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305 E Beach DR Panama City, FL 32401

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Key Details

Property Type Commercial

Sub Type Commercial

Listing Status Active

Purchase Type For Sale

Subdivision No Named Subdivision

MLS Listing ID 792242

HOA Y/N No

Lot Size 3.250 Acres

Acres 3.25

Property Sub-Type Commercial

Property Description

Pelican Pass at Massalina Bayou presents a rare opportunity to acquire an entitled waterfront development site in the heart of Panama City's waterfront district. The property consists of approximately 3.247 acres with 650 linear feet direct frontage on Massalina Bayou. Asking price of
$4,500,000. The property benefits from a recorded and assignable Development Agreement providing vested
rights for residential and marina development. Multiple development paths are supported, including attached residential/townhomes, detached single-family residential, multifamily residential and marina-oriented waterfront development. Zoned Mixed-Use 3 (MU-3) within the City of Panama City. The sale includes Bay County Parcel ID # 19528-000-000. ALTA/topographic survey, development agreement, existing conditions, townhome concept plans, draft plat, marina layout, single-family lot concept, construction/utility exhibits, seawall proposal and marina proposal. This reduces uncertainty and
allows a buyer to immediately evaluate the project as a partially assembled waterfront
development opportunity, not raw land.

Location

State FL

County Bay

Area 02 - Bay County - Central

Interior

Fireplace No

Exterior

Waterfront Description Bayou,Gulf Access,Riprap,Shoreline - Sand,Seawall,Shoreline - Natural,See Remarks

View Y/N Yes

Water Access Desc Bayou,Gulf Access,Riprap,Shoreline - Sand,Seawall,Shoreline - Natural,See Remarks

View Bay, Bayou

Private Pool No

Others

Tax ID 20154-000-000

Special Listing Condition Listed As-Is, Other


Listed by Counts Real Estate Group Inc

NEARBY SCHOOL & BUSINESS

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Randall Fisher

Randall Fisher

Broker | BDBK644509

+1(850) 249-2050

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305 E Beach DR