Panama City, FL 32408,4508 Magnolia Beach Rd
Panama City, FL 32408,4508 Magnolia Beach Rd
Panama City, FL 32408,4508 Magnolia Beach Rd
Panama City, FL 32408,4508 Magnolia Beach Rd
Panama City, FL 32408,4508 Magnolia Beach Rd
Panama City, FL 32408,4508 Magnolia Beach Rd
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$446,250

$75,000

495.0%
Est.Price: ?

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Est. payment /mo

2.11 Acres Lot


SOLD DATE : 11/15/2023

Key Details

Sold Price $446,250

Property Type Vacant Land

Sub Type Residential

Listing Status Sold

Purchase Type For Sale

MLS Listing ID A11437200

Sold Date 11/15/23

HOA Y/N No

Annual Tax Amount $2,693

Tax Year 2022

Contingent 3rd Party Approval

Lot Size 2.111 Acres

Acres 2.111

Lot Dimensions 418x220

Property Description

Auction Sale: Starting Bid of $75,000. Mark your calendar for September 11 through the 13th, 2023, as the property will be auctioned live online. This expansive parcel, spanning 2.11 acres, presents a rare chance for savvy investors to capitalize on the booming housing market in the area.

The property is zoned R-1, allowing for the construction of up to 8 detached single-family homes per acre. With this generous zoning allowance, you have the potential to build an impressive total of 16 lots and homes.

The property boasts an enviable location, with road frontage on both Magnolia Beach Road and Bear Point Road. This dual access not only provides convenience but also enhances the development's visibility, making it an appealing prospect for potential homeowners and tenants alike.

Location

State FL

County Bay County

Area 5940 Florida Other

Exterior

Utilities Available Electricity Available, Sewer Available, Water Available

Street Surface Paved

Building

Sewer Public Sewer

Water Public

Others

Tax ID 31235-010-000

Financing Cash

Special Listing Condition Auction

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Listed by Moecker Realty, Inc.
Bought with Moecker Realty, Inc.
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