$148,000
For Sale

7909 Madison Avenue

Southport, FL 32409
Browse 5 photos
Type:Purchase
Structure:Land
Zone:Residential

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 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!

  • Property Details
      • Utility FeaturesElectricity Available, Water Available
      • SubdivisionNo Named Subdivision
      • Middle SchoolDeane Bozeman
      • High SchoolDeane Bozeman
      • Property SubtypeResidential
      • Elementary SchoolSouthport
      • Property TypePurchase
      • Taxes Annual$3,179
      • MLS #764531
      • Cost148000
      • MLS #764531
      • CountyBay
      • Days on Market (Cumulative)228
      • Acres8

Location

Central Bay Realty and Property ManagementReal Estate Group

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