000 Hugh Thomas Drive, Panama City, FL 32404

$960,000
  • 000 Hugh Thomas Drive, Panama City, FL 32404 Main Photo

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Active
LOT SIZE 2.620 acres MLS#793873
STATUSActive PROPERTY TYPELand - Commercial SUBDIVISIONCallaway

Property Description

Waterfront development opportunity on Callaway Bayou! Recently subdivided from six parcels into 12 waterfront lots, each offering more than 50 feet of frontage along the bayou and waterfront views. Each Lot Surveyed and ready for development! Lot sizes range from approximately 0. 152 to 0. 29 acres, with most measuring around 0. 20 acres. All 12 lots are being offered together and include the following parcels: 06641-995-257, 06641-995-260, 06641-995-265, 06641-995-267, 06641-995-270, 06641-995-280, 06641-995-285, 06641-995-290,06641-995-295, 06641-995-300, 06641-995-255, 06641-995-250. Callaway Bayou provides access toward East Bay and St. Andrews Bay, with the shallow-water setting well suited for kayaks, paddleboards, jon boats and other low-draft watercraft, subject to current water depths and conditions. No docks or seawalls are currently in place. Individual dock potential may exist subject to applicable permitting and regulatory approval. Conceptual home renderings are available illustrating the potential for two-story residences designed to take advantage of the waterfront setting and elevated views. Based on preliminary planning, lots may accommodate approximately 1,800-2,100 square feet of living space with a two-story design. Current information indicates approximately 25-foot roadside setbacks and 20-foot waterfront setbacks; buyers should independently verify zoning, setbacks, building requirements, utilities, flood zone/elevation requirements, dock permitting and intended use with the appropriate governmental agencies. With 12 individual waterfront lots available, this property presents an opportunity for builders, developers or investors looking to create a cohesive waterfront residential project in the Callaway area, with convenient access to Panama City and Tyndall Air Force Base.

000 Hugh Thomas Drive | MLS# 793873

This land located at 000 Hugh Thomas Drive, Panama City, FL 32404 is currently listed for sale with an asking price of $960,000. The property has approximately 2.62 Acres. Search Panama City real estate on www.premierfl.com today.

Property Features

Property Type: Land - Commercial
Lot Size: 2.62 Acres

Feature Descriptions

Days on Site: 79
Parcel#: 06641-995-260
Special View Info: Bayou
Utilities: Sewer Available
Waterfront: Bayou, Gulf Access, See Remarks

Listed By / Shown By

Listed By

Agency Name: ERA Neubauer Real Estate Inc

Shown By

Agency Title: Premier Property Group
Agency Phone: 850-337-1555

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Estimated Payment

$ 2,416.54 per month $2,136.54 Principal & Interest $0.00 Property Tax (data not provided by mls) $280.00 Homeowner's Insurance

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