HUGE PRICE REDUCTION. 196 ACRES ON EAST BAY. The reduced sale price equates to; $28,000 per acre / $567 per waterfront foot / $14,000 per unit!!! Owner financing available. At this price, investors and/or developers can buy at the bottom and hold. Piney Point offers an investor, or developer, with an opportunity to acquire over 1.8 MILES of pristine Bay-front property in Northwest Florida with nearly all of the entitlements in place. 9,700 Ft. of water frontage on East Bay - that's 1.84 MILES of waterfront property with direct access to the Gulf of Mexico. PUD approved for #391 single-family lots, amenities, recreational areas, conservation areas, and boating facilities. The City of Callaway has started construction on the water and sewer mains down Highway 2297, and scheduled to be completed by the Summer of 2009. Wetlands permits with the Department of Environmental Protection agency (DEP) and the Army Corp of Engineers (ACOE)are pending and expected to be in-hand by the Fall of '09. Pristine shoreline with unobstructed views for miles across East Bay/St. Andrew Bay. Renowned bay and flats fishing on East Bay and surrounding nearby bayous. Call for further details or to setup a tour of the property. + See Feature List