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00 Hwy 2297 & Hwy Panama City, FL 32404

For Sale
$1,930,000

75.5 Acres, Panama City, FL. Development Opportunity.

Description

Added:
Dec 11, 2024
Days on Market:
364
This exceptional 75.5-acre parcel presents a significant development opportunity in Panama City, Florida. Located at the high-traffic intersection of Hwy 22 and Hwy 2297, this prime corner lot boasts approximately 1270 feet of frontage on Hwy 22 and 2590 feet of frontage on Hwy 2297 (subject to survey). The property's strategic position places it within a rapidly growing area, making it ideal for both residential and commercial ventures. The City of Callaway has conveniently installed utility infrastructure along both highways. While the property includes a single-family home, a bed and breakfast, a barn, and other outbuildings, these structures are not considered contributory to the highest and best use and overall property value. This expansive land sits at the gateway to Hwy 2297, a corridor experiencing consistent growth, encompassing communities such as East Bay, Sandy Creek Air Park (featuring a 3300-foot paved airstrip), Sandy Creek Ranch, Pelican Point, Laird Point, and Laird Bayou Estates. The proximity to the bustling Eastern Shipbuilding Group East Bay manufacturing facility further enhances the property's investment potential. The asking price for this remarkable 3,341,052 square foot lot is $1,930,000. This is a rare opportunity to acquire a substantial land holding in a thriving Florida market.

Property Features for 00 Hwy 2297 & Hwy

General Information

Property type
Land

HighLights

  • 75.5‑acre development site in Panama City, FL.
  • Prime corner lot at Hwy 22 & Hwy 2297 with significant highway frontage.
  • Located in a rapidly growing area, suitable for residential and commercial development.
  • Existing utilities readily available.
  • $1,930,000 asking price for 3,341,052 square feet.
Property Profile Location Intelligence

Current Use by Public Records

Commercial real estate

Map

City
Panama City
County
Bay
State
Florida
Longitude
-85.4671098
Latitude
30.0785461

FAQs

What type of property is this?
Land - 75.5 Acres, Panama City, FL. Development Opportunity.
Where is this land located?
The property is located at 00 Hwy 2297 & Hwy Panama City, FL.
What is the asking price?
The asking price for this property is $1,930,000.
What are key features of this property?
This property features: 75.5-acre development site in Panama City, FL.; Prime corner lot at Hwy 22 & Hwy 2297 with significant highway frontage.; Located in a rapidly growing area, suitable for residential and commercial development.
More about this property
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