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Residential Land With Gulf Access

1205 Hwy 2297 : Panama City, FL 32404

Bay County, Florida

257 Acres
$5,500,000
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Land Description

Waterfront Development opportunity with access to East Bay and the Gulf of Mexico. With over 5,600 FF on Cook's Bayou the property has a mixture of Oaks, Magnolia and Pines. +/- 150 acres is uplands located on a bluff along the waterfront. The majority of the uplands is Zone X or outside of the 500 year flood zone. The property is zoned Conservation Habitation with a density of 2 units per acre or 514 units. Cook's Bayou Bridge is slated for raising to 9'6'' clearance fall of 2017. An upland cut marina with slips, residential docks and dredging could be entitled as part of the development. Located near Eastern Shipbuilding recently awarded a $10.5B US Coast Guard contract, 20 minutes from Tyndall AFB and 1.5 miles from the Gulf Coast Pkwy in the FDOT's 5 year plan to connect Hwy 231 to Gulf County.

Highlights:

+/- 157 Acres upland

5,604 FF on navigable Cook's Bayou

Public Water and Sewer Available

514 potential units

Directions

From Hwy 22 and Hwy 2297 go South on Hwy 2297 to just past the Cook's Bayou bridge. Subject property is on the East side of Hwy 2297.

More Land Details

> Residential Zoning
> Paved Road Access
LANDFLIP ID
142881
Posted on LANDFLIP
303 Days Ago
Last Updated
303 Days Ago
Views
250
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