Description

Foreclosure Opportunity: 43 Acres of land in an incredible location with a multitude of possibilities! Developer ready! All or most due diligence has been performed for this property. Environmental Studies and permits approved by DEP. Approved density is R-5 (multi-family 15 units per acre) with a maximum height of 10 stories along with some commercial zoning of C-3. Permits do not expire for an extended period of time. Incredible possibilities with plenty of potential. Close to Bay Point, Preserve, St. Andrews State Park, Nationally recognized golf courses (Jack Nicklaus design course), marinas, Nationally recognized eateries, and all of Panama City Beaches well known attractions. Directly across Thomas Drive is the Naval Surface Warfare Center Panama City Division which employs in excess of 2,000 civilian and military personnel with A $117 MILLION DIRECT PAYROLL . All information need be verified by prospective buyers if important.