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Key Details
Sold Price $10,300,000
Property Type Commercial
Sub Type Commercial
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 590741
Sold Date 12/31/15
Lot Size 13.280 Acres
Acres 13.28
Property Description
This stunning 13+ acre resort parcel is one of the largest contiguous waterfront properties in the state of Florida.Located in the Florida Panhandle on Panama City Beach, the property is in a stable condominium market which is currently undergoing a dramatic transformation. Situated at the intersection of two main thoroughfares Front Beach Road and Hutchison Blvd, This is a Bank owned property. Property has 570-feet of dedicated beachfront and abuts a half-mile long protected beach reserve. Fully entitled for 998 hotel, timeshare or residential units and 43,000 square feet of retail space, the property represents a significant land-bank and or a turnkey development opportunity
Location
State FL
County Bay
Area 27 - Bay County
Zoning T2 & T3
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Bought with Andrews & Arnsdorff Realty