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$ 650,000
Est. payment | /mo
1.49 Acres Lot
$ 650,000
Est. payment | /mo
1.49 Acres Lot
Key Details
Property Type Vacant Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID 11481678
Annual Tax Amount $2,417
Tax Year 2024
Lot Size 1.489 Acres
Property Description
Waterfront Residential Parcel on Callaway Bayou! Approximately 1.49 acres according to county records, offering space for a private waterfront residence or an approved residential development. The protected, boatable water connects with the Gulf Intracoastal Waterway, St. Andrews Bay, Shell Island, and the Gulf of Mexico. Neighboring waterfront homes have private docks, supporting the boating and fishing lifestyle found along Plantation Drive. Any new dock will require applicable permitting and approval. Zoned R-1 for detached single-family residences. Current City of Panama City regulations provide for a maximum density of 10 dwelling units per gross acre and a minimum newly created lot area of 5,000 square feet. The parcel may offer potential for multiple residential lots through an approved subdivision and development plan. The property has no HOA and offers extended frontage along paved Plantation Drive. Public Water, Sewer, and Electricity are available. A 2021 boundary survey is available and reports approximately 1.355 acres, while county records report approximately 1.49 acres. The survey depicts portions of the property in FEMA Flood Zones AE and X. Convenient to Tyndall Air Force Base, shopping, restaurants, and schools. Qualified buyers may purchase with as little as 20% Down payment.
Location
State FL
County 12005
Rooms
Kitchen 0
Building
Sewer Municipal
Water Municipal
Others
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Wally Kerr
Broker License ID: 83230