Basic Information

  • MLS # A11437200
  • Type Residential
  • Status Closed
  • Total Size 91,955 Sq.Ft / 2.11 Acre
  • Date Listed 08/16/2023
  • Days on Market 91
Description

Auction Sale: Starting Bid of 75,000. Mark your calendar for September 11 through the 13th, 2023, as the property will be auctioned live online. This expansive parcel, spanning 2.11 acres, presents a rare chance for savvy investors to capitalize on the booming housing market in the area.The property is zoned R-1, allowing for the construction of up to 8 detached single-family homes per acre. With this generous zoning allowance, you have the potential to build an impressive total of 16 lots and homes. The property boasts an enviable location, with road frontage on both Magnolia Beach Road and Bear Point Road. This dual access not only provides convenience but also enhances the developments visibility, making it an appealing prospect for potential homeowners and tenants alike.

Amenities

Exterior Features

  • Waterfront No
  • Parking Spaces 0
  • Pool No
  • Parking Description
  • Style Residential

Interior Features

  • Adjusted Sqft 2.11 AcreSq.Ft
  • Sqft 2.11 Acre Sq.Ft

Property Features

  • Address 4508 Magnolia Beach Rd
  • Aprox. Lot Size 91,955
  • Furnished Info no
  • HOA Fees $0
  • Subdivision Complex
  • Subdivision Info
  • Tax Amount $2,693
  • Tax Legal desc 10 4S 15W -9.10- 69D1 COM NE COR OF SECS TH S 903 W 50 S 264.38 FOR POB TH W 460 SLY 183.49 SELY 339.70 SELYB 77.89 NLY 101.83 N 50
  • Tax Year 2022
  • Type of Property Residential

4508 Magnolia Beach Rd

Panama City, FL 32408

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The multiple listing information is provided by the Miami Association of Realtors® from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2023-present Miami Association of Realtors®. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: Moecker Realty, Inc.. tel: 954-252-2893

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