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4121 E Highway 390 Panama City, FL 32404

  • Lot Size: 25.00 acres
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Land-Active $ 2,592,000

MLS#: 680451

Courtesy of: NAI TALCOR

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Description

The Shoreline Multi-Family Apartment Development site is a 25 acre +/- fully entitled development site, which you can build 288 +/- apartments units. There is a Development agreement in place with the City of Lynn Haven. The project at this point consists of two schools, North Bay Haven Charter Academy and Deer Point Elementary Schools and two single family neighborhoods. 98 acres were deeded to The Trust for Public Land for a park. On October 10th of 2018 Bay County suffered a devastating Hurricane, the effect of the storm will affect the need for multi family rental units for years to come the North side of the County is the ideal lace to develop apartments.

Specifications


    General Property Info


  • No
  • 25
  • 1089000

    Utilities


  • 1
  • 1
  • 1

    Contract Info


  • Exclusive Right to S
  • N

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    • Is Subject Leased : No
    • Acres : 25
    • Lot Size (SqFt) : 1089000
    • Public Water
    • Public Sewer
    • All Utilities
    • List Type : Exclusive Right to S
    • Named Exception : No
    • Addl Land Available
    • Survey Available
    • Site Plan
    • Conventional
    • Cash
    • HOA Fee : No
    • Waterfront : No
    • Middle School : Merritt Brown
    • Township : 3S
    • Directions : Take a left into North Bay Haven Academy on Mill Bayou Boulevard go North to the end of the road property will be on the right looking North.
    • Section : 12
    • High School : Mosley
    • Sub Area : 0201 - Bay - Central NE
    • Business Name : D & H Properties, LLC
    • Elementary School : Deer Point
    • Range : 14W
    • Community/Resort : None
    • Commercial
    • Resid Multi-Family