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3100 Airport Road, Panama City, FL 32405
$1,500,000
3100 Airport Road, Panama City, FL 32405View this property at 3100 Airport Road, Panama City, FL 32405
3100 Airport RoadPanama CityFL32405
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Property Description
Discover Bay Crest Townhomes, an exciting future townhome development in Panama City, Florida. These 54 luxurious three-bedroom, two-and-a-half-bathroom townhomes with garages will be nestled on 4.369 acres of prime real estate. With an exceptional price point of $1.8 million, this development presents a compelling investment opportunity, with an estimated overall valuation projected to reach nearly $20 million.Bay Crest Townhomes will boast a prime location with multiple entrances, ensuring easy access and eliminating the need for road maintenance from FDOT. Additionally, a lift station conveniently located across the street from the proposed development provides enhanced convenience and infrastructure. The property already includes a home that can be utilized as a sales office, streamlining the sales process.Each townhome within Bay Crest will offer approximately 1,300 square feet of living space, perfectly designed to strike a balance between comfort and luxury for residents.SweetBay's marina will allow you to take full advantage of the Bay and Intercostal waterway to the Gulf. Phase 1 of the 40-acre marina district will feature a 2-acre wet basin and 56,000 square foot dry storage boat barn and will serve as the only marina on North Bay.Civils for Bay Crest Townhomes will be skillfully planned and executed by McNeil Carroll, guaranteeing top-notch construction and development. The property is currently zoned as MU3 (mixed use 3) with county approval for 54 townhomes, providing a solid foundation for the project's success.Bay Crest Townhomes benefit from their proximity to the future marketplace of Sweet Bay, offering a vibrant retail, dining, and entertainment scene within walking distance. Enjoy convenient access to the pristine bay, perfect for water sports and scenic walks along the shore. The development also provides easy access to the thriving city of Panama City, renowned for its amazing bays leading to the Gulf, exceptional dining options, convenient shopping, and a newly revitalized downtown area.Don't miss out on this exceptional future townhome development. Embrace the anticipation of the coastal lifestyle offered by Bay Crest Townhomes, where luxury and convenience merge in Panama City, Florida. With its attractive pricing, significant valuation potential, prime location near Panama City, Panama City Beach and 30A, as well as reputable engineers overseeing the project, this development promises substantial returns. Secure this prestigious community and seize the potential for a prosperous future.
Full Property Details
Full Property Details for 3100 Airport Rd
General
- Price: $1,500,000
- Status: Under Contract
- Type: Commercial Land
- MLS ID: 741690
- Updated: 10/26/2023
- Added to Site: 366 day(s) ago
Location
- County: Bay
- Subdivision: No Named Subdivision
- Driving Directions: Drive from FL-390 W turn right on Airport Rd to property on the left. There is a driveway to the right that you can travel up or you can take 31st Court on the right to access the acreage.
School Information
- Elementary School: Northside
- Middle School: Jinks
- High School: Bay
Community
- Community Name: 02 - Bay County - Central
Utilities
- Utility Description: Water Available
Additional Structures
- Other Structures: Residence, Workshop
Lot Features
- Lot Size (Acres): 4.36
- Lot Size (Sq. Ft.): 189,878
- Zoning: Commercial, Multi-Family, Resid Multi-Family, Resid Single Family
Disclosures and Reports
- Documents Avail.: Plat
- Legal Description: 30 3S 14W -7- 91B1 ST A B DEV CO PLAT LOT 6 LESS S 150' & LESS R/W ***AND*** 19 3S 14W -5- 90C S1/2 OF S1/2 OF SW1/4 OF SE1/4 OF SW1/4 LESS R/W ORB 4596 P 622
- Property ID: 13036-000-000
Listed by Beach House Sales and Development
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Schools
Schools serving 3100 Airport Rd
School District:Bay District Schools
Rating | Name | Grades | Distance |
---|---|---|---|
2001 Northside Dr, Panama City, FL 32405 | PK-5 | 1.4 mi | |
600 W 11th St, Panama City, FL 32401 | 6-8 | 2.7 mi | |
1200 Harrison Ave, Panama City, FL 32401 | 9-12 | 2.8 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 3100 Airport Rd
Date
Details
Price
Change
Source
10/05/2023
Price Reduced
$1,500,000
-16.67%
MLS
5/19/2023
Listed
$1,800,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 3100 Airport Rd
3100 Airport Road, Panama City, FL 32405 (MLS# 741690) is a Commercial Land property with a lot size of 4.36 acres. 3100 Airport Road is currently listed for $1,500,000 and was received on May 19, 2023. Want to learn more about 3100 Airport Road? Do you have questions about finding other Commercial Land real estate for sale in Panama City? You can browse all Panama City real estate or contact a Coldwell Banker agent to request more information.