Property profile

00 Laird Point Dr Panama City, FL 32404

OFF-MARKET
Land
90 ac lot
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Property summary

AI-generated overview

Exceptional development opportunity awaits with this expansive 90-acre parcel situated in the exclusive, gated Laird Point community on the East Bay of Panama City, Florida. This prime commercial land, zoned for single-family residential use, presents a unique chance to capitalize on the significant growth spurred by Tyndall Air Force Base's multi-billion dollar revitalization project. The base's expansion is bringing thousands of active-duty personnel and Department of Defense employees to the area, creating a robust demand for housing within a convenient commute. Laird Point offers a serene bay and bayou front setting, approximately 20-25 minutes from Tyndall AFB. The property includes a mix of developed and undeveloped lots, with Phase 1 offering large tracts and common areas ideal for amenities such as walking trails, a clubhouse, pool, and tennis courts. Existing infrastructure includes ribbon-curbed streets, and some lots feature water and sewer connections. Phase 2 comprises 38 platted lots, including 7 bayfront lots with utilities. Future phases encompass additional platted lots and approximately 33 acres of pristine coastline. The APN is 06701-010-000, and the asking price is $1,900,000. This is an unparalleled chance to create a thriving community in a highly desirable location. The address is 00 Laird Point, Callaway, FL 32404.

Property profile

Verified
Property type Land
Lot 90 ac (3,920,400 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

00 Laird Point Dr Panama City, FL 32404
Panama City metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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