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Edward Peterson

ed@petersongroup.homes +1(352) 247-4194

Listed by Carol Villani • LPT Realty, LLC

$650,000

Est. payment - /mo

1.49 Acres Lot

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Key Details

Property Type Vacant Land

Sub Type Unimproved Land

Listing Status Active

Purchase Type For Sale

Subdivision Not On List

MLS Listing ID 858036

HOA Y/N No

Annual Tax Amount $2,448

Tax Year 2025

Lot Size 1.490 Acres

Acres 1.49

Property Sub-Type Unimproved Land

Property Description

Waterfront Residential Parcel on Callaway Bayou! Approximately 1.49 acres according to county records, offering space for a private waterfront residence or an approved residential development. The protected, boatable water connects with the Gulf Intracoastal Waterway, St. Andrews Bay, Shell Island, and the Gulf of Mexico. Neighboring waterfront homes have private docks, supporting the boating and fishing lifestyle found along Plantation Drive. Any new dock will require applicable permitting and approval. Zoned R-1 for detached single-family residences. Current City of Panama City regulations provide for a maximum density of 10 dwelling units per gross acre and a minimum newly created lot area of 5,000 square feet. The parcel may offer potential for multiple residential lots through an approved subdivision and development plan. The property has no HOA and offers extended frontage along paved Plantation Drive. Public Water, Sewer, and Electricity are available. A 2021 boundary survey is available and reports approximately 1.355 acres, while county records report approximately 1.49 acres. The survey depicts portions of the property in FEMA Flood Zones AE and X. Convenient to Tyndall Air Force Base, shopping, restaurants, and schools. Qualified buyers may purchase with as little as 20% Down payment.

Location

State FL

County Bay

Area 30

Zoning R1

Interior

Fireplace No

Exterior

Community Features Boat Facilities, Clubhouse, Dock, Golf, Kitchen Facilities, Laundry Facilities, Playground, Park, Putting Green, Restaurant, Shopping

Waterfront Description Gulf,Waterfront

Water Access Desc Public

Building

Lot Description Acreage, Cleared, Corner Lot

Water Public

Others

Tax ID 06712093000

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition Standard

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Edward Peterson

+1(352) 247-4194

Team Leader / Realtor/ Listing Specialist License ID: SL3463440

0 PLANTATION Panama City, FL 32404

Edward Peterson

Key Details

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Interior

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