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8307 Fl-22, Panama City 32404 (Active)

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Listing Information

Property Type: Commercial Sale
MLS #: 943980 Price: $2,395,000.00 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 available

Commercial 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 10/9/2024 11:53:52 PM.

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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