1524 East 5th Street

Panama City, FL 32401

$2,400,000
Price
59,241 / 1.36
Lot Size / Acres

Description

Great Location off Business Highway 98 with road and water frontage. This Commercial Waterfront parcel Zoned GC-2 fronts Watson Bayou and sits next to the exclusive Watson Landings Marina for your boating needs. New 14 wet slips recently added with power and water to each slip. Hydraulic lifts on slips. You can add more slips up to 50. Can accommodate plus 40 foot boat. All utilities in place with city sewer and water, as there used to be a dwelling on the premises prior to Hurricane. Process 80%...Great Location off Business Highway 98 with road and water frontage. This Commercial Waterfront parcel Zoned GC-2 fronts Watson Bayou and sits next to the exclusive Watson Landings Marina for your boating needs. New 14 wet slips recently added with power and water to each slip. Hydraulic lifts on slips. You can add more slips up to 50. Can accommodate plus 40 foot boat. All utilities in place with city sewer and water, as there used to be a dwelling on the premises prior to Hurricane. Process 80% complete for Development Order with EPA completing their inspection. Land has a seawall (250 ft) in place and a 136 foot boat Dock (deep water access), to include over 250 feet of waterfront. Excellent location and land size to build a storage facility, Retail, multi family or single-family homes as it is zoned Commercial and Mixed Use. Easy water access to Gulf with upscale marina next door for your boat fuel, storage and goods. New City Public Boat Ramp in close vicinity. Will seller finance if needed.
  1. Listed by Marco Cooper • Coastal Sun Realty LLC

Property Details for 1524 East 5th Street

Waterfront
Yes
Waterfront Features
Bayou, Gulf Access, Bulkhead, Seawall, Waterfront
Subdivision Name
Bayou Plat
View
Bay
Zoning Description
Commercial,General Commercial,Industrial Light,Multi-Family,Resid Multi-Family,Resid Single Family
View
Yes
LISTING UPDATED: 11/12/2024 08:37 AM

Property Details for 1524 East 5th Street

StatusActive
MLS #759811
Days on Market134
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeLand
MLS TypeLand / Commercial
Year Built-
Lot Size1.36 AC
CountyBay County

Building Information for 1524 East 5th Street

Lot Size1.36 AC

Property Information for 1524 East 5th Street

Summary
Location and General Information
  • City: Panama City
  • County Or Parish: Bay
  • Directions: Go East on Highway 98 and take a right on Martin Luther King Road. Passing Bay Medical on the left, you will take a left at the stop light and follow the road (East Business 98) until you see the vacant land on the right next to Watson Landings Marina.
  • Road Surface Type: Paved
  • Postal Code: 32401
  • Latitude: 30.156418
  • Longitude: -85.639243
  • State Or Province: FL
  • Road Frontage Type: City Street
  • MLS Area Major: 02 - Bay County - Central
  • MLS Area Minor: 0202 - Bay - Central SE
Taxes and HOA Information
  • Parcel Number: 22235-000-000
  • Association: No
  • Tax Legal Description: 10 4S 14W -5- 81A BEG 900' E OF SW COR OF NW1/4 OF NW1/4 TH NWLY 175' ALG S BDRY RD 10 TH SLY AT RT ANGLE TO WATER THSELY ON BAYOU TO PT S OF BEG TH N TO BEG ORB 3510 P 1713
School Information
  • Elementary School: Cherry Street
  • High School: Bay
  • Middle Or Junior School: Jinks
Property
Lot Information
  • Lot Features: Cleared, Level, Waterfront
  • Lot Size Acres: 1.36
  • Lot Size Dimensions: 237 x 250
  • Lot Size Square Feet: 59242.0
Property and Assessments
  • Other Structures: Other, See Remarks
  • Documents Available: Survey
  • Human Modified: No
Utilities
  • Sewer: Public Sewer
  • Utilities: Sewer Available, Water Available
  • Water Source: Public
Interior and Exterior Features
Exterior Features
  • Community Features: Dock

Property History for 1524 East 5th Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 1524 East 5th Street

Taxable ValueLand$214,200Additions$45,135Total$259,335
Tax Record2023$4,406 ($367 / month)
Home Facts
Total Finished SqFt2,319 SqFtAbove Grade Finished SqFt2,319 SqFtStories1Lot Size59,242 SqFtStyleCommercialYear Built1934ZoningPC09CountyBAYAPN22235-000-000

Schools near 1524 East 5th Street

This home is within Bay.
Rating
School
Type
Grades
Distance
Merriam Cherry Street Elementary School
Public - PK to 5
Jinks Middle School
Public - 6 to 8
Bay High School
Public - 9 to 12
Oscar Patterson Academy
Public - PK to 2
Rating
School
Distance
Merriam Cherry Street Elementary School
PublicPK to 5

Jinks Middle School
Public6 to 8

Bay High School
Public9 to 12

Oscar Patterson Academy
PublicPK to 2

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

Sorry, we can't find any similar homes at this time. Please check back later.

Similar Sold Homes

Sorry, we can't find any similar sold homes at this time. Please check back later.

Homes for Sale near Millville

Neighborhoods

Cities

ZIPs

More information about 1524 East 5th Street, Panama City, FL 32401

1524 East 5th Street is a 1.36 ac of land for sale in Panama City, FL 32401. This property was listed for sale on July 12, 2024 by Coastal Sun Realty LLC, it's currently listed at $2,400,000. It has been on the market for a total of 134 days and was last sold on August 26, 2003. This listing's school district is Bay. Nearby schools include Merriam Cherry Street Elementary School, Jinks Middle School and Bay High School. 1524 East 5th Street is a 0-bed, 0-bath, 1.36 ac of land on a 59,241 sq. ft. / 1.36 acres lot.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity. Subject to change at any time. Compass makes no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Listing Courtesy of Coastal Sun Realty LLC

The data relating to real estate for sale/lease on this web site come in part from a cooperative data exchange program of the Emerald Coast Association of REALTORS, Central Panhandle Association of REALTORS, Pensacola Association of REALTORS and Capital Area Technology & REALTOR Services. The properties displayed may not be all of the properties in the MLS's database, or all of the properties listed with Brokers participating in the cooperative data exchange program. Information deemed reliable but not guaranteed. Copyright© 2024 Emerald Coast Association of REALTORS, Central Panhandle Association of REALTORS, Pensacola Association of REALTORS and Capital Area Technology & REALTOR Services. All Rights Reserved.