Platinum Listing

$22,000,000

0000 ALLANTON RD

Panama City, Florida 32404

0000 ALLANTON RD
0000 ALLANTON RD
0000 ALLANTON RD
 
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Property Description

This serene piece of pristine coast covers 228.5 acres in Panama City, Florida, with its shores on the Intercoastal Waterway. Located a leisurely boat ride away from the Gulf of Mexico, in the East Bay area, this tract of land is ideal for a waterfront community. This land is adjacent to, and available with, the 168 acres of Allanton Point. The combined acreage, of the two parcels, would be 400 acres of incredible development potential. This location also has the possibility of having a marina with slips or individual slips for the waterfront lots. The return on this property can be enormous. Rezoning of the property would be necessary to increase density for highest and best use. It is currently zoned 1 per 10 acres, but the property adjacent to it is 2 per acre. With water and sewer this could possibly be rezoned to 5 per acre. Please verify with the county.

Features

MLS #:
 373482
Property Type:
 Land
Lot Size:
 228.50 acres

Neighborhood Information

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URL for this listing: http://www.realestatebook.com/homes/listing/101-537805629/0000-ALLANTON-RD-Panama-City-FL-32404/

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More Panama City Real Estate From Real Estate Book
This Land property located at 0000 ALLANTON RD is currently for sale.  0000 ALLANTON RD is in the 32404 ZIP code in Panama City, Florida. This property is listed by Prudential Shimmering Sands Realty for $22,000,000. .