7909 Madison Avenue
$195,000
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Description
Investor opportunity! Land development investment opportunity in one of the fastest growing locations in the Panhandle! Seller will consider owner financing! Explore the potential of 8 acres of land in one of the fastest growing areas of the Panhandle. As per Panhandle Engineering study, the property could accommodate 15 homes which makes this an outstanding investment opportunity! There is a 3-bedroom house, barn, and pasture, on the property considered to be of no value. However, the true value...Investor opportunity! Land development investment opportunity in one of the fastest growing locations in the Panhandle! Seller will consider owner financing! Explore the potential of 8 acres of land in one of the fastest growing areas of the Panhandle. As per Panhandle Engineering study, the property could accommodate 15 homes which makes this an outstanding investment opportunity! There is a 3-bedroom house, barn, and pasture, on the property considered to be of no value. However, the true value lies in the land itself and its strategic location. Given the expected growth in West Bay and its surroundings, this property offers an appealing investment prospect, especially for developers. With the current zoning allowing for R-1 and R-2 use, there is significant building potential just a quick 20-minute drive to the Airport, 30 minutes to the Beaches, and roughly 15 minutes to Panama City. This is an opportunity not to be missed!
- Listed by Gina Williams • Chipola Realty, Chipley Office
Property Details for 7909 Madison Avenue
Waterfront
No
Subdivision NameNo Named Subdivision
LISTING UPDATED: 11/01/2024 10:23 AM
Property Details for 7909 Madison Avenue
Status | Active |
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MLS # | 764531 |
Days on Market | 46 |
Taxes | $3,179 / year |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Single Family |
MLS Type | Residential / Land / Unimproved Land |
Year Built | - |
Lot Size | 8.00 AC |
County | Bay County |
Building Information for 7909 Madison Avenue
Building Size-Lot Size8.00 AC
Property Information for 7909 Madison Avenue
Property History for 7909 Madison Avenue
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 7909 Madison Avenue
Taxable ValueLand$204,000Additions$46,688Total$250,688
Tax Record2023$3,179 ($265 / month)
Home Facts
Beds3Total Finished SqFt1,544 SqFtAbove Grade Finished SqFt1,544 SqFtStories1Lot Size348,480 SqFtStyleSingle Family ResidenceYear Built1962CountyBAYAPN07722-000-000Fireplace TypeHas Fireplace
Schools near 7909 Madison Avenue
This home is within Bay.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | PK to 5 | |||
Public - | PK to 12 | |||
Charter - | 6 to 8 | |||
Charter - | K to 5 |
Rating | School | Distance |
---|---|---|
Southport Elementary School PublicPK to 5 | ||
Deane Bozeman School PublicPK to 12 | ||
North Bay Haven Charter Academy Middle School Charter6 to 8 | ||
Bay Haven Charter Academy CharterK to 5 |
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.
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