1025 Highway 2297 | Panama City, FL 32404
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1025 Highway 2297
Panama City, FL 32404
Cook's Bayou · Land For Sale · 257.00 AC
Investment Highlights
- +/- 157 Acres upland
- Public Water and Sewer Available
- 5,604 FF on navigable Cook's Bayou
- 514 potential units
Executive Summary
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. 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.
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.
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.
PROPERTY FACTS
| Sale Type | Investment | Property Subtype | Residential |
| No. Lots | 1 | Total Lot Size | 257.00 AC |
| Property Type | Land |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Residential |
| Total Lot Size | 257.00 AC |
1 Lot Available
Lot
| Price | £6,266,400 | Lot Size | 257.00 AC |
| Price Per AC | £24,383 |
| Price | £6,266,400 |
| Price Per AC | £24,383 |
| Lot Size | 257.00 AC |
Waterfront Development Opportunity
PROPERTY TAXES
| Parcel Number | 06668-000-000 | Improvements Assessment | £0 |
| Land Assessment | £496,534 | Total Assessment | £496,534 |
PROPERTY TAXES
Parcel Number
06668-000-000
Land Assessment
£496,534
Improvements Assessment
£0
Total Assessment
£496,534
zoning
| Zoning Code | CH (Conservation Habitation) |
| CH (Conservation Habitation) |
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