4508 Magnolia Beach Rd
panama city, FL 32408$75,000
INTERESTED? LET'S CONNECT
Auction Sale: Starting Bid of $75,000. Mark your calendar for September 11 through the 13th, 2023, as the property will be auctioned live online. This expansive parcel, spanning 2.11 acres, presents a rare chance for savvy investors to capitalize on the booming housing market in the area.
The property is zoned R-1, allowing for the construction of up to 8 detached single-family homes per acre. With this generous zoning allowance, you have the potential to build an impressive total of 16 lots and homes.
The property boasts an enviable location, with road frontage on both Magnolia Beach Road and Bear Point Road. This dual access not only provides convenience but also enhances the development's visibility, making it an appealing prospect for potential homeowners and tenants alike.
Details
2.111 Private Acres Exterior Space
Other
$2,693 Annual Tax
MLS/Listing ID A11437200
Amenities & Features
Lot - Beach Area
Lot - Urban Area Development
Listing Courtesy of MOECKER REALTY, INC., WILBERT REYNOSO - 954-547-6748
Source of Data: MIAMI ASSOCIATION OF REALTORS