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305 E Beach Drive
Panama City, FL 32401

$4,500,000 - Status: Active

Beds: 0

Baths:

MLS# 792107

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.

Property Features

MLS#: 792107

Zip: 32401

Subdivision:

Development: 0203 - Bay - Central Sw

Property Type: Land - Commercial

Days on Site: 1

Lot Size: 3.25 acres

Taxes: $12,265

Feature Descriptions

Lot Description: Paved

Lot Dimensions: 440.0 ft x 325.0 ft

Parcel#: 20154-000-000

Special View Info: Bay, Bayou

Utilities: Sewer Available

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

Local Schools

High School: Bay

Middle School: Jinks

Elementary School: Cherry Street

305 E Beach Drive | MLS# 792107

This land located at 305 E Beach Drive , Panama City, FL 32401 is currently listed for sale with an asking price of $4,500,000. The property has approximately 3.25 Acres. Search Panama City real estate on kellyhemenway.beachybeach.com today.

Listed By / Shown By

Listed By

Agency Name: Counts Real Estate Group Inc

Shown By

Agent Name: Kelly Hemenway
Agent Phone: (214) 552-1027
Agency Title: Beachy Beach Real Estate

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305 E Beach Drive Panama City, FL 32401