148 Acres in Panama City, FL - $425,000
This sale includes parcels 07408-000-000, 62 acres and 07406-000-000 86 acres, a total of 148 acres with 8200 ft of shoreline on East Bay. Estimated 40 acres is usable and buildable. Incredible once in a lifetime opportunity for that perfect family estate. Could also be a developers dream property. The point offers 500 +/- ft of beach, with deep water. Perfect for a small marina that services a select few home owners in a very exclusive community. Property is close to other development, 25 minutes to grocery stores and restaurants. Closest major employer is Eastern Shipbuilding, 10 minutes away. Electricity on the street. public water and sewer 1 mile away.
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