Skip To Content

2316 Fortune Avenue

Panama City, FL 32405
  • $650,000
  • STATUS: Active
  • ON SITE: 49 Days
  • MLS #: 750986
UPDATED: 55 min ago
$650,000
  • 0
    BEDS
  • 4.7
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Vacant Land / Lots
County:
Bay

School Information

Elementary School:
Middle School:
High School:
Bay

Description

Seller has mitigation permit from Water Management Department and is valid for five years and can be renewed. 4.7+/- acres positioned right in the heart of Panama City and all commercial activity. The current zoning of the parcel is Mixed Use 3 which allows for a plethora of uses including single family homes, townhomes, and multifamily up to 20 units/acre. A majority portion of the property is wetlands (low quality, lowest cost category). Seller has done wetland studies, surveys, and minimal geotechnical work on this property and the studies can be provided as necessary. Seller has applied for and been awarded a Development Order from the City for a townhome development with five units per building for a total of 40 units. Full site engineering and approved by the city for 40 units. Wetlands mitigation credits have been purchased by seller and the site is ready to be cleared and studies completed.

Monthly Payment Calculator



© 2024 Central Panhandle Association of Realtors MLS. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Beachside Luxury Realty. Data last updated: 2024-02-24T14:04:30.917.
www.beachsideluxuryrealty.com/homes/146418451
Print Image

2316 Fortune Avenue Panama City, FL 32405

  • Price: $650,000
  • Status: Active
  • On Site: 49 Days
  • Updated: 55 min ago
  • MLS #: 750986
0
Beds
0
Baths
0
½ Baths
4.7
Acres
Neighborhood:
[No Recorded Subdiv]
County:
Bay
Area:
Bay County-Central
Elementary School:
Northside
Middle School:
Jinks
High School:
Bay
Property Description
Seller has mitigation permit from Water Management Department and is valid for five years and can be renewed. 4.7+/- acres positioned right in the heart of Panama City and all commercial activity. The current zoning of the parcel is Mixed Use 3 which allows for a plethora of uses including single family homes, townhomes, and multifamily up to 20 units/acre. A majority portion of the property is wetlands (low quality, lowest cost category). Seller has done wetland studies, surveys, and minimal geotechnical work on this property and the studies can be provided as necessary. Seller has applied for and been awarded a Development Order from the City for a townhome development with five units per building for a total of 40 units. Full site engineering and approved by the city for 40 units. Wetlands mitigation credits have been purchased by seller and the site is ready to be cleared and studies completed.
Property Features

Association YN No Listing Agreement Exclusive Right To Sell Property Sub Type Commercial Property Sub Type Additional Unimproved Land Sewer Public Sewer Utilities Sewer Available Water Available Water Source Public Waterfront YN No

Central Panhandle Association of REALTORS (Panama City MLS) logo Listing provided courtesy of Counts Real Estate Group: (850) 248-3615. Listing information © 2024 Central Panhandle Association of Realtors MLS.


© 2024 Central Panhandle Association of Realtors MLS. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Beachside Luxury Realty. Data last updated: 2024-02-24T14:04:30.917.
 
https://bt-photos.global.ssl.fastly.net/panamacity/1280_boomver_1_750986-2.jpg https://bt-photos.global.ssl.fastly.net/panamacity/1280_boomver_1_750986-2.jpg https://bt-photos.global.ssl.fastly.net/panamacity/1280_boomver_1_750986-2.jpg
Logo
Beachside Luxury Realty
1732 West County Hwy 30A, Ste. 103C
Santa Rosa Beach FL, 32459