Prime Investment Opportunity: Seven Buildable Lots that's already CLEARED!! Unlock the potential of this amazing 30,000 sqft (0. 68-acre) parcel, perfectly positioned for immediate development! The lot is a 100ft deep and has an impressive 300ft frontage, making it an ideal site for seven (7) individual 40' x 100' buildable lots. The best part is the lot is already zoned NEIGHBORHOOD RESIDENTIAL and per the city you could convert it to a minor subdivision, which doesn't take long!! Just $500 bucks to start the process and $50 per new addresses. That's a win-win situation for you!! The best part about this opportunity is the ROI, the average homes in that area sold in the past few months were about 255k. The average cost to build a 1200sqft house is 110k-130k. That leaves a lot of equity built into each home!! Now, do the math and times that by 7! Wouldn't you say that's worth it? Also, because the property has exceptional versatility, another option could be to build 3-Duplex units and cash flow or resell. ''The world is your oyster'' on this one. Don't miss your chance to secure a strategic cash flow opportunity.
Listed By
Agency Name: Salty Marlin Realty LLC
Shown By
Agency Title: Premier Property Group
Agency Phone: 850-337-1555
Estimated Payment
$ 758.48 per month $589.78 Principal & Interest $91.42 Property Tax $77.29 Homeowner's Insurance
2911 E 5th Court | MLS# 781653
This land located at 2911 E 5th Court, Panama City, FL 32401 is currently listed for sale with an asking price of $265,000. The property has approximately 0.69 Acres. Search Panama City real estate on www.premierfl.com today.