For Sale
  • For Sale
  • For Lease
  • Recently Sold
  • Property Lookup
  • Brokers
Back to Search
The Largest CRE Database in the US with Over 1 Million Listings

1025 Highway 2297 Panama City, FL 32404

Sponsored
For Sale
$8,000,000

257 Acres, Development Opportunity

Description

Added:
Dec 11, 2024
Days on Market:
412
Exceptional 257-acre waterfront development opportunity in Panama City, Florida, boasting 5,604 feet of navigable Cook's Bayou frontage and access to both East Bay and the Gulf of Mexico. This property features a diverse landscape of mature oaks, magnolias, and pines, with approximately 150 acres of uplands situated on a bluff overlooking the water. A significant portion of the uplands falls within Zone X, outside the 500-year flood zone. Zoned Conservation Habitation, the land allows for a density of 2 units per acre, yielding a potential of 514 units. Public water and sewer are available. The Cook's Bayou Bridge is slated for a height increase to 9'6" clearance. Development possibilities include an upland-cut marina with slips and residential docks, subject to permitting. The property's strategic location near Eastern Shipbuilding (recipient of a $10.5 billion US Coast Guard contract), 20 minutes from Tyndall AFB, and 1.5 miles from the Gulf Coast Parkway (part of the Florida Department of Transportation's 5-year plan to connect Highway 231 to Gulf County) presents significant long-term growth potential. This offering presents a rare chance to acquire a substantial tract of land with exceptional waterfront access and development potential in a rapidly growing area. Asking price: $8,000,000.

Property Features for 1025 Highway 2297

General Information

Property type
Land
Lot Size
11,194,920 SF

We can help!

Listing Contact
Brent Faison
Brent Faison

Learn more

Property Insight Report

HighLights

  • 257+/- Acres of Upland Land
  • 5,604 Feet of Cook's Bayou Waterfront
  • Public Water & Sewer Available
  • Potential for 514 Residential Units
Property Profile Location Intelligence

Current Use by Public Records

Commercial real estate

Suggested Use

Clothing Store Electrical Service Convenience Store Computer & Electronic Repair Shoe Store

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Panama City
County
Bay
State
Florida
Longitude
-85.498594
Latitude
30.1278695

FAQs

What type of property is this?
Land - 257 Acres, Development Opportunity
Where is this 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 $8,000,000.
What are key features of this property?
This property features: 257+/- Acres of Upland Land; 5,604 Feet of Cook's Bayou Waterfront; Public Water & Sewer Available
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message