8307 Fl-22, Panama City 32404 (Active)
Listing Information
| Property Type: Commercial Sale |
| MLS #: | 943980 | Price: | $2,485,000.00 | Year Built: | Not available | Square Feet: | Not available | Bedrooms: | Not available | Bathrooms: | Not available |
| HOA Fees: | Not available | Lot Size: | 4.53 acres | Lot Dimensions: | Not available |
Subdivision: Not available
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.
Photos
Features
Not availableCommercial Features
| Multi-Family Number of Units: 96 |
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This listing provided courtesy of Inlet Beach Real Estate.
This information was last updated on 4/27/2024 9:49:27 AM.
All information in this listing is approximate. Buyers are expected to verify any specific information prior to signing any contract. Neither Brandon Jordan, ERA American Real Estate, ECAR, nor any other Realtor is liable for any inaccuracies herein.
All listings are provided courtesy of the Emerald Coast Association of Realtors, copyright 2024. All rights reserved.
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