TBD Plantation Drive, Panama City, FL 32404

$650,000

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List Price
$650,000
Status
Active
Days on Market
416
Price Change
▼ $49,000 1787519917
MLS#
TB8409963
Lot Size
64,904
Acres
1.49
Total Acreage
1 to less than 2
MLS Area Major
Panama City

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.

Additional Information

Taxes
$2447
Location
Cleared, Corner Lot, Landscaped, Other, Oversized Lot
Community Features
No Deed Restriction
Zoning
R-1
Utilities
BB/HS Internet Available, Cable Available, Electricity Available, Public, Utility Pole, Water Nearby
Pool
No Pool
Water Name
Callaway Bayou
Water View
Bayou
Water Access
Bayou, Gulf/Ocean
Water Frontage
Bayou
Flood Zone Code
X, AE
Parcel ID
06712-093-000
Legal Description
COM AT THE SE COR OF SEC 17 TH RUN S13 DEG W 454' N85 DEG W 770.2' N05 DEG W 156.01' TH S84 DEG W 15.5' TH N09 DEG W 100.28' N 100.55' N30 DEG W 110.32' N18 DEG W 102.57' TH N22 DEG E 113.13' FOR POB TH RUN N70 DEG E 200' N17 DEG W 122' S75 DEW W 510 ' M/L TO WATER'S EDGE TH RUN SELY ALONG WATEE'S EDGE 100' M/L TO A POINT S84 DEG W OF POB TH RUN N84 DEG E 280' M/L TO POB OR

Listing courtesy of PLANTATION REALTY, INC.. 352-795-0784

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