- MLS#: 782319 ( Land )
- Street Address: 1941 7th Street
- Viewed: 5
- Price: $129,000
- Price sqft: $0
- Waterfront: No
- Year Built: Not Available
- Bldg sqft: 0
- Days On Market: 51
- Additional Information
- Geolocation: 30.1608 / -85.6351
- County: BAY
- City: Panama City
- Zipcode: 32401
- Subdivision: No Named Subdivision
- Elementary School: Cherry Street
- Middle School: Jinks
- High School: Bay
- Provided by: EXP Realty LLC
- DMCA Notice
-
DescriptionPrime infill development opportunity in the City of Panama City. Per recent confirmation from the City, this parcel is zoned Neighborhood Residential and can be divided into 40 foot wide lots based on the current dimensions (approx. 215' of frontage), allowing for up to five buildable lots along Elm Street, with the corner section sized larger. Setbacks in this zoning district are approximately 7 20 feet front, 5 feet side, and 15 feet rear, giving builders a comfortable building envelope on each new lot. The City has also verified that the existing utilities in Elm Street have capacity to support up to five additional units at this location, making it an attractive option for a small subdivision of new single family homes or a mix of single family and duplex product, subject to standard subdivision and development approvals. Whether you are a builder looking to create multiple new homes or a developer planning a small infill project, the groundwork with zoning, minimum lot width, setbacks, and utility capacity has already been confirmed with the City. Buyer to independently verify all development plans, subdivision requirements, and approvals to their own satisfaction.
- Principal & Interest -
- Property Tax $
- Home Insurance $
- HOA Fees $
- Monthly -
- Covered Spaces: 0.00
- Living Area: 0.00
- High School: Bay
- Middle School: Jinks
- School Elementary: Cherry Street
- Garage Spaces: 0.00
- Open Parking Spaces: 0.00
- Carport Spaces: 0.00
- Utilities: SewerAvailable
- Home Owners Association Fee: 0.00
- Insurance Expense: 0.00
- Net Operating Income: 0.00
- Other Expense: 0.00
- Pet Deposit: 0.00
- Security Deposit: 0.00
- Tax Year: 2024
- Trash Expense: 0.00
- Legal Description: 3 4S 14W-211-105A3 BEG 475' W OF SE COR OF SW1/4 W 70' N 244' E 70' S 244' TO BEG ORB 4435 P 642, 644, 652
- Area Major: 02 - Bay County - Central
- Parcel Number: 16027-000-000
- The Range: 0.00
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