305 E Beach Drive
Panama City, FL 32401
About
Pelican Pass at Massalina Bayou presents a rare opportunity to acquire an entitled waterfront development site in the heart of Panama City's waterfront district. The property consists of approximately 3.247 acres with 650 linear feet direct frontage on Massalina Bayou. Asking price of $4,500,000. The property benefits from a recorded and assignable Development Agreement providing vested rights for residential and marina development. Multiple development paths are supported, including attached residential/townhomes, detached single-family residential, multifamily residential and marina-oriented waterfront development. Zoned Mixed-Use 3 (MU-3) within the City of Panama City. The sale includes Bay County Parcel ID # 19528-000-000. ALTA/topographic survey, development agreement, existing conditions, townhome concept plans, draft plat, marina layout, single-family lot concept, construction/utility exhibits, seawall proposal and marina proposal. This reduces uncertainty and allows a buyer to immediately evaluate the project as a partially assembled waterfront development opportunity, not raw land.
Property
Beds
None
Full Baths
None
1/2 Baths
None
Year Built
None
Lot size
3.25 acres
Features
Features & Amenities
Interior
-
Total Bedrooms
N/A
-
Bathrooms
N/A
-
Pet friendly
N/A
Exterior
-
Garage
No
-
Pool
No
-
Waterfront YN
YES
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View
Bay
Area & Lot
-
Lot Features
Cleared, Corner Lot, Irregular Lot, Waterfront
-
Lot Size(acres)
3.25
-
Lot Size(square feet)
141570.0
-
Property Type
Land
-
Property Sub Type
Unimproved Land
Price
-
Sales Price
$4,500,000
-
Tax Amount
$12,265.53
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Zoning
City, Commercial, Resid Multi-Family, Resid Single Family
-
Sq. Footage
N/A
-
Price/SqFt
N/A
HOA
-
Association
No
School District
-
Elementary School
Cherry Street
-
Middle School
Jinks
-
High School
Bay
Property Features
-
Sewer
Public Sewer
-
Water Source
Public
Schedule
Schedule a Showing
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Location
-
County
Bay
-
Elementary School
Cherry Street
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Middle School
Jinks
-
High School
Bay
Listing Courtesy of Christopher S McCall , Counts Real Estate Group Inc
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EXP LUXURY GROUP 30A
30A Luxury Group
Call EXP LUXURY today to schedule a private showing.
Phone (850) 687-1064
Email Info@search30a.com
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