Skip To Content

8307 Fl-22

Panama City, FL 32404
  • $2,485,000
  • STATUS: Active
  • ON SITE: 77 Days
  • MLS #: 943980
UPDATED: 146 min ago
$2,485,000
  • 0
    BEDS
  • 4.53
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
County:
Bay
Area:

School Ratings & Info

Description

Callaway Cove'' Apartments is in Callaway, between Panama City and Tyndall Airforce Base. ''Shovel Ready''. Land is owned with no debt, 70% cleared and all 3rd party engineering reports and Phase 1 Environmental are complete. The ''DO'' (Development Order) is in place which was updated in May 2023 and allows for immediate horizontal construction. The ''Market Demand'' studies (MFA and HUD) show a demand of about 500 housing units in the Callaway submarket alone, due to strong core job growth and the depletion of housing units due to Hurricane Michael in 2018. Tyndall Airforce base, 6 miles away has four new F35 jet squadrons groups as well as the Drone division at the base, all needing housing.

Monthly Payment Calculator



© 2024 Emerald Coast Association of Realtors MLS. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Posh Beach Realty. Vendor Member number: 28178. Data last updated: 2024-05-23T00:05:36.083.
Vendor Member #28178.
www.poshbeachrealty.com/homes/148320451
Print Image

8307 Fl-22 Panama City, FL 32404

  • Price: $2,485,000
  • Status: Active
  • On Site: 77 Days
  • Updated: 146 min ago
  • MLS #: 943980
0
Beds
0
Baths
0
½ Baths
4.53
Acres
Neighborhood:
Bay County
County:
Bay
Area:
Bay County
Property Description
Callaway Cove'' Apartments is in Callaway, between Panama City and Tyndall Airforce Base. ''Shovel Ready''. Land is owned with no debt, 70% cleared and all 3rd party engineering reports and Phase 1 Environmental are complete. The ''DO'' (Development Order) is in place which was updated in May 2023 and allows for immediate horizontal construction. The ''Market Demand'' studies (MFA and HUD) show a demand of about 500 housing units in the Callaway submarket alone, due to strong core job growth and the depletion of housing units due to Hurricane Michael in 2018. Tyndall Airforce base, 6 miles away has four new F35 jet squadrons groups as well as the Drone division at the base, all needing housing.
Property Features

New Construction YN No Property Condition Proposed Zoning Commercial

Listing courtesy of Inlet Beach Real Estate: 850-347-0777.


© 2024 Emerald Coast Association of Realtors MLS. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Posh Beach Realty. Vendor Member number: 28178. Data last updated: 2024-05-23T00:05:36.083.
Vendor Member #28178.
 
https://bt-photos.global.ssl.fastly.net/emerald/orig_boomver_1_943980-2.jpg https://bt-photos.global.ssl.fastly.net/emerald/orig_boomver_1_943980-2.jpg
Logo
Posh Beach Realty
495 Grand Boulevard, Suite 206
Miramar Beach FL, 32550