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20710140
19083804

1524 E 5th, Panama City, FL 32401

Coastal Sun Realty LLC
Listed by Coastal Sun Realty LLC
$1,850,000
691 days on market
Updated 158 days ago
Opportunity zone

1524 E 5th

Details
Property Type Land, Multifamily
Sub Type Commercial, Apartment Building (+1)
Lot Size (SqFt) 59,242

Land | 59,242 SqFt

Marketing 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 and custom lifts recently added with power and water to each slip. Hydraulic lifts on slips. More slips can be added going through the proper channels. 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. Land has a seawall (250 ft) in place and a 136 foot long 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. Zoned Special Needs with tax incentives.
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Coastal Sun Realty LLC
Listed by Coastal Sun Realty LLC

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