1025 Highway 2297 Panama City, FL 32404
Waterfront land with development potential near major employers.
Lot size:
283.00 AcresProperty Features for 1025 Highway 2297
General Information
- Standard status
- Active
- Lot size
- 283.00 Acres
Source:
Corcoran
Listing Agency: NAI TALCOR Listing Agent: Brent B Faison
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
Overview
Waterfront Development Opportunity
This waterfront property offers a development opportunity with access to East Bay and the Gulf of Mexico. The land features over 5,600 feet of frontage on Cook's Bayou and includes a mix of oak, magnolia, and pine trees. The property consists of approximately 150 upland acres situated on a bluff along the waterfront. A significant portion of the uplands is located in Zone X, outside of the 500-year flood zone. Zoned Conservation Habitation, the property allows for a density of 2 units per acre, potentially accommodating 514 units. The Cook's Bayou Bridge has been raised to a clearance of 9 feet 6 inches. The development could include an upland cut marina with slips, docks, and dredging, subject to entitlement. The property is located near Eastern Shipbuilding, which was recently awarded a $10.5 billion US Coast Guard contract, and is 20 minutes from Tyndall AFB, which is undergoing reconstruction with an expanded mission that is expected to create an additional 4,000 jobs.
Location Intelligence
Current Use by Public Records
Waterfront Land
Location Insight
- Map
- Local Demand
- City
- Panama City
- County
- Walton
- State
- Florida
- Longitude
- -85.4986326
- Latitude
- 30.1278928
Nearby Similar for Sale
FAQs
What type of property is this?
Waterfront Land - Waterfront land with development potential near major employers.
Where is this waterfront land located?
The property is located at 1025 Highway 2297 Panama City, FL.
What is the asking price?
The asking price for this property is $12,000,000.
What are key features of this property?
This property features: - Waterfront development opportunity with access to East Bay and the Gulf of Mexico.; - +/- 150 upland acres, mostly in Zone X (outside the 500-year flood zone).; - Zoned Conservation Habitation at 2 units per acre, allowing for 514 units.
