1025 Highway 2297 Panama City, FL 32404
Estimated payment $66,611/month
Highlights
- Property Fronts a Bay or Harbor
- No HOA
- Additional Land
- 283 Acre Lot
About This Lot
Waterfront Development opportunity with access to East Bay and the Gulf of Mexico. With over 5,600' on Cook's Bayou the property has a mixture of Oaks, Magnolia and Pines. +/- 150 acres is uplands located on a bluff along the waterfront. The majority of the uplands is Zone X or outside of the 500 year flood zone. The property is zoned Conservation Habitation with a density of 2 units per acre or 514 units. An upland cut marina with slips, residential docks and dredging could be entitled as part of the development. Located near Eastern Shipbuilding recently awarded a $10.5B US Coast Guard contract, 20 minutes from Tyndall AFB and 1.5 miles from the Gulf Coast Pkwy in the FDOT's 5 year plan to connect Hwy 231 to Gulf County.
Listing Agent
NAI Talcor Brokerage Email: 8502492879, wpartie@talcor.com License #3580252 Listed on: 02/10/2025
Property Details
Property Type
- Land
Est. Annual Taxes
- $1,746
Lot Details
- 283 Acre Lot
- Property Fronts a Bay or Harbor
- Property fronts a state road
- Additional Land
- Additional Parcels
Property Views
- Bay Views
Community Details
- No Home Owners Association
Listing and Financial Details
- Assessor Parcel Number 07397005000
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $1,746 | $135,045 | $15,124 | $119,921 |
| 2023 | $1,746 | $136,232 | $14,404 | $121,828 |
| 2022 | $1,501 | $126,505 | $14,404 | $112,101 |
| 2021 | $1,477 | $120,820 | $14,404 | $106,416 |
| 2020 | $1,356 | $109,518 | $14,404 | $95,114 |
| 2019 | $1,372 | $111,004 | $14,404 | $96,600 |
| 2018 | $1,490 | $119,121 | $0 | $0 |
| 2017 | $1,538 | $120,903 | $0 | $0 |
| 2016 | $1,603 | $122,686 | $0 | $0 |
| 2015 | $1,870 | $138,872 | $0 | $0 |
| 2014 | $1,897 | $141,136 | $0 | $0 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 01/01/2025 01/01/25 | For Sale | $12,000,000 | -- | -- |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $265,000 | Attorney | |
| Warranty Deed | $265,000 | None Available | |
| Warranty Deed | $22,000 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $300,000 | Commercial | |
| Closed | $42,800 | Small Business Administration | |
| Previous Owner | $266,000 | Balloon | |
| Previous Owner | $26,827 | Stand Alone Second | |
| Previous Owner | $165,750 | Unknown | |
| Previous Owner | $135,747 | Unknown | |
| Previous Owner | $19,800 | No Value Available |
Source: Forgotten Coast REALTOR® Association
MLS Number: 320866
APN: 07398-812-000
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
Property information provided by the FCRA MLS – a service of the Forgotten Coast REALTOR® Association.
IDX information is provided exclusively for consumers’ personal, non-commercial use, and that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that data is deemed reliable but is not guaranteed accurate by the MLS.
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