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  • Price$5,500,000
  • Acres257.00

1025 Highway 2297, Panama City

Waterfront Development opportunity with access to East Bay and the Gulf of Mexico. With over 5,600 FF on Cook's Bayou the property has a mixture of Oaks, Magnolia and Pines. +/- 150 acres is uplands located on a bluff along the waterfront. The majority of the uplands is Zone X or outside of the 500 year flood zone. The property is zoned Conservation Habitation at 2 units per acre or 514 units. Cook's Bayou Bridge is slated to be raised to 9'6'' clearance beginning Fall of 2017. An upland cut marina with slips, docks and dredging could be entitled as part of the development. Located near Eastern Shipbuilding recently awarded a $10.5B US Coast Guard contract, 20 minutes from Tyndall AFB and 1.5 miles from the Gulf Coast Pkwy in the FDOT's 5 year plan to connect Hwy 231 to Gulf County.

Essential Information

  • MLS® #663215
  • Price$5,500,000
  • Acres257.00
  • TypeResidential Land
  • Sub-TypeVacant Land
  • StatusActive

Amenities

  • AmenitiesFishing, Waterfront
  • UtilitiesElectric, Public Water, Public Sewer Available
  • Is WaterfrontYes
  • WaterfrontBay

School Information

  • ElementaryCallaway
  • MiddleEveritt
  • HighRutherford

Listing Details

  • Listing OfficeNAI TALCOR

Community Information

  • Address1025 Highway 2297
  • Area05 - Bay County - East
  • SubdivisionNo Named Subdivision
  • CityPanama City
  • CountyBay
  • StateFL
  • Zip Code32404

Exterior

  • Lot DescriptionWaterfront, Within 1/2 Mile to Water

Additional Information

  • Date ListedSeptember 18th, 2017
  • Days on Market454
  • ZoningOther - See Remarks
  • HOA$0
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DISCLAIMER: IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information Source: Bay County Association Of REALTORS® Multiple Listing Service