$ 1,100,000
3100 Airport RD Panama City, FL 32405
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$ 1,100,000
Est. payment | /mo
4.36 Acres Lot
$ 1,100,000
Est. payment | /mo
4.36 Acres Lot
Key Details
Property Type Vacant Land
Sub Type Commercial
Listing Status Active
Purchase Type For Sale
Subdivision No Named Subdivision
MLS Listing ID 741690
HOA Y/N No
Lot Size 4.360 Acres
Acres 4.36
Property Description
APPROVED 50 UNIT TOWNHOME DEVELOPMENT ORDER AND ENGINEERING IN PLACE!!! Discover Embrie Townhomes, an exciting future townhome development in Panama City, Florida right outside of Sweetbay. This development will have 50 three-bedroom, two-and-a-half-bathroom townhomes with garages and will be nestled on 4.369 acres of prime real estate. With an exceptional price point of $1.1 million, this development presents a compelling investment opportunity.Unit comparables are currently at $379K per unit.Embrie 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 Embrie Townhomes 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 Embie Townhomes were 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 50 townhomes, providing a solid foundation for the project's success.Embrie 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. Embrie 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 Embrie 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.
Location
State FL
County Bay
Area 02 - Bay County - Central
Interior
Fireplace No
Exterior
Utilities Available Water Available
Waterfront No
Building
Additional Building Residence, Workshop
Schools
Elementary Schools Northside
Middle Schools Jinks
High Schools Bay
Others
Tax ID 13036-000-000
Listed by Beach House Sales and Development
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Andy Rose
Broker Associate | License ID: FL: 3444771 GA: 348516
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