7909 Madison Avenue, Southport, FL 32409

Land
Built in ——
8acre lot
—— car garage
$——/sqft
Listed 7 months ago

Property Description

INVESTOR OPPORTUNITY!!! Land development investment opportunity in one of the fastest growing locations in the Panhandle! SELLER WILL CONSIDER OWNER FINANCING!!! Explore the potential of 8 acres +/- of land in one of the fastest growing areas of the Panhandle. As per Panhandle Engineering study, the property could accommodate 15 homes which makes this an outstanding investment opportunity!There is a 3-bedroom house, barn, and pasture, on the property considered to be of no value. However, the true value lies in the land itself and its strategic location. Given the expected growth in West Bay and its surroundings, this property offers an appealing investment prospect, especially for developers. With the current zoning allowing for R-1 and R-2 use, there is significant building potential just a quick 20-minute drive to the Airport, 30 minutes to the Beaches, and roughly 15 minutes to Panama City. This is an opportunity not to be missed!

Listing Status:: Pending
Date Added:: November 1, 2024 at 05:00AM
Listing Office:: Chipola Realty, Chipley Office : (850) 638-2777
MLS ID:: 764531

This listing courtesy of Chipola Realty, Chipley Office

Monthly Payment

$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
VA Funding Fee $

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Location

Schools Nearby

Southport Elementary School

1835 Bridge St, Panama City, FL, 32409

Grades PK-5

0.75 miles away

Mowat Middle School

1903 W Highway 390, Lynn Haven, FL, 32444

Grades 6-8

4.53 miles away

Deane Bozeman School

13410 Highway 77, Panama City, FL, 32409

Grades PK-12

7.26 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.