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6724 Cherry Street

Panama City, FL 32404
  • $349,000
  • STATUS: Active
  • ON SITE: 85 Days
  • MLS #: 754950
UPDATED: 151 min ago
$349,000
  • 0
    BEDS
  • 1.18
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Vacant Land / Lots
County:
Bay

School Information

Elementary School:
Middle School:
High School:

Description

DEVELOPMENT ORDER in place for 20 townhomes on this phenomenal corner lot on a hard right turn with 478' road frontage in the heart of Callway near the rapidly expanding Tyndall Air Force Base.Location: in the heart of Callaway near a rapidly expanding military base with millions of dollars in roadways, infrastructure and sidewalk expansion on Cherry St. in process. The influx of new airmen due to the base's redevelopment with the largest government grant in history means there will be high demand for new residential housing in the area.Corner Lot: Having a corner lot at a lighted intersection with significant road frontage (478 feet) is excellent for visibility and accessibility. This can enhance the appeal of the townhomes to potential buyers or renters.Flood Zone ''X'' signifies minimal risk of flooding which will assist with insurance costs. Seller willing to build - Extensive experience in market on comparable fix and flip or similar projects with a successful build to hold portfolio, the builder owners are willing to expedite this project for the right buyer. Engineering plans and job estimate available upon request.Timeline: With the land already cleared and ready to go, and an estimated completion time of 9 months to 1 year for the entire project, this represents a relatively quick turnaround for a development of this scale.

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© 2024 Central Panhandle 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 Abbott Martin Group | eXp Realty. Data last updated: 2024-06-22T23:04:19.78.
www.floridagulfcoastsales.com/homes/149014695
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6724 Cherry Street Panama City, FL 32404

  • Price: $349,000
  • Status: Active
  • On Site: 85 Days
  • Updated: 151 min ago
  • MLS #: 754950
0
Beds
0
Baths
0
½ Baths
1.18
Acres
Neighborhood:
Callaway
County:
Bay
Area:
Bay County-Central
Elementary School:
Callaway
Middle School:
Everitt
High School:
Rutherford
Property Description
DEVELOPMENT ORDER in place for 20 townhomes on this phenomenal corner lot on a hard right turn with 478' road frontage in the heart of Callway near the rapidly expanding Tyndall Air Force Base.Location: in the heart of Callaway near a rapidly expanding military base with millions of dollars in roadways, infrastructure and sidewalk expansion on Cherry St. in process. The influx of new airmen due to the base's redevelopment with the largest government grant in history means there will be high demand for new residential housing in the area.Corner Lot: Having a corner lot at a lighted intersection with significant road frontage (478 feet) is excellent for visibility and accessibility. This can enhance the appeal of the townhomes to potential buyers or renters.Flood Zone ''X'' signifies minimal risk of flooding which will assist with insurance costs. Seller willing to build - Extensive experience in market on comparable fix and flip or similar projects with a successful build to hold portfolio, the builder owners are willing to expedite this project for the right buyer. Engineering plans and job estimate available upon request.Timeline: With the land already cleared and ready to go, and an estimated completion time of 9 months to 1 year for the entire project, this represents a relatively quick turnaround for a development of this scale.
Exterior Features

Road Frontage Type City Street

Property Features

Association YN No Listing Agreement Exclusive Right To Sell Listing Service Full Service Lot Size Dimensions 318x150x318x159 Property Sub Type Residential Property Sub Type Additional Residential Unimproved Land Tax Annual Amount 1459 Tax Year 2023 Waterfront YN No

Central Panhandle Association of REALTORS (Panama City MLS) logo Listing provided courtesy of Anchor Realty Florida: (850) 899-7999. Listing information © 2024 Central Panhandle Association of Realtors MLS.


© 2024 Central Panhandle 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 Abbott Martin Group | eXp Realty. Data last updated: 2024-06-22T23:04:19.78.
 
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Abbott Martin Group | eXp Realty
1109 N. 9th Ave
Pensacola FL, 32501