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5417 Lake Drive

Panama City, FL 32404
  • $800,000
  • STATUS: Pending
  • ON SITE: 181 Days
  • MLS #: 710757
Pending
UPDATED: 32 min ago
$800,000
  • 0
    BEDS
  • 4.5
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Vacant Land / Lots
County:
Bay

School Information

Elementary School:
Middle School:
High School:

Description

This 4.5 +/- acre parcel is level and is located just 300' off of Tyndall Parkway, where there is a north bound turn lane and median cut already in place. This property appears to be in Flood Zone X, per the Bay Co. Prop App site. It is zoned Mixed Use 1, allowing for a Medium density development of 15 units per acre in a multi family situation. Height limit is 120' or 12 stories, which should allow approx. 60-75 apartments or 50+ unit townhome development. A utility easement is located at the eastern edge of the property, so water and sewer lines are on site. Lots of possibilities here. Measurements are approximate.

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© 2021 Central Panhandle Association of Realtors MLS. All rights reserved. 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 is deemed reliable but is not guaranteed accurate by the MLS or Scenic Sotheby's International Realty. Data last updated: 2021-10-25T09:04:21.28.
www.scenicsir.com/homes/116483451
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5417 Lake Drive Panama City, FL 32404

  • Price: $800,000
  • Status: Pending
  • Updated: 32 min ago
  • MLS #: 710757
0
Beds
0
Baths
0
½ Baths
4.5
Acres
Neighborhood:
Wh Parker
County:
Bay
Area:
Bay County-Central
Elementary School:
Parker
Middle School:
Everitt
High School:
Rutherford
Property Description
This 4.5 +/- acre parcel is level and is located just 300' off of Tyndall Parkway, where there is a north bound turn lane and median cut already in place. This property appears to be in Flood Zone X, per the Bay Co. Prop App site. It is zoned Mixed Use 1, allowing for a Medium density development of 15 units per acre in a multi family situation. Height limit is 120' or 12 stories, which should allow approx. 60-75 apartments or 50+ unit townhome development. A utility easement is located at the eastern edge of the property, so water and sewer lines are on site. Lots of possibilities here. Measurements are approximate.
Exterior Features

Lot Access City RoadPaved Road Lot Dimensions 310X620 Lot Features Front FootageInteriorLevel Waterfront No

Property Features

As Is Yes Community Resort None Financing CashConventionalOther - See Remarks Hoa Fee No Last Tax Year 2020 Last Taxes 1184.00 Present Zoning Other - See Remarks Range 14W Residential Land Sub Type Land/Acres Sale Type As Is Section 13 Township 4S Utilities All UtilitiesElectricPhonePublic SewerPublic Water

Listing provided courtesy of American Realty Of Bay Co, Inc. Listing information © 2021 Central Panhandle Association of Realtors MLS.


© 2021 Central Panhandle Association of Realtors MLS. All rights reserved. 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 is deemed reliable but is not guaranteed accurate by the MLS or Scenic Sotheby's International Realty. Data last updated: 2021-10-25T09:04:21.28.
 
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