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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.

PROPERTY FACTS

Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Residential
Total Lot Size 257.00 AC

1 Lot Available

Lot

Price $11,376,000 CAD
Price Per AC $44,265 CAD
Lot Size 257.00 AC

Waterfront Development Opportunity

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
06668-000-000
Land Assessment
$901,406 CAD
Improvements Assessment
$0 CAD
Total Assessment
$901,406 CAD

zoning

Zoning Code CH (Conservation Habitation)
CH (Conservation Habitation)
  • Listing ID: 9228068

  • Date on Market: 2017-09-18

  • Last Updated:

  • Address: 1025 Highway 2297, Panama City, FL 32404

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