1025 Hwy 2297, Panama City, FL 32404

Property Description

Waterfront Development opportunity with access to East Bay and the Gulf of Mexico. With over 5,600' on Cook's Bayou the property has a mixture of Oaks, Magnolia and Pines. +/- 150 acres is uplands located on a bluff along the waterfront. The majority of the uplands is Zone X or outside of the 500 year flood zone. The property is zoned Conservation Habitation with a density of 2 units per acre or 514 units. An upland cut marina with slips, residential docks and dredging could be entitled as part of the development. Located near Eastern Shipbuilding recently awarded a $10.5B US Coast Guard contract, 20 minutes from Tyndall AFB and 1.5 miles from the Gulf Coast Pkwy in the FDOT's 5 year plan to connect Hwy 231 to Gulf County.