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$900,000
Est. payment /mo
0.43 Acres Lot
UPDATED:
Key Details
Property Type Vacant Land
Sub Type Commercial
Listing Status Active
Purchase Type For Sale
Subdivision Gulf Lagoon Beach
MLS Listing ID 758163
HOA Y/N No
Lot Size 0.430 Acres
Acres 0.43
Property Sub-Type Commercial
Property Description
Introducing an unparalleled opportunity for developers and investors alike: a prime commercial parcel nestled in the heart of Thomas Dr. with tons of visibility from the highway. This meticulously regulated zone boasts a maximum height allowance of 230 feet, providing the canvas for innovative vertical development that maximizes both space and potential. The parcel is across the Boating Marina, high end restaurants and nearby beach access. Situated within Tax District 56, this property enjoys the benefits of county limits, offering a strategic location with access to essential infrastructure and amenities. With a lot size meticulously defined, developers can envision their projects with precision, optimizing every inch of the available space. Adhering to zoning regulations, the property allows for a multitude of R1-5 uses, extending from the beach line. From boutique shops to vibrant eateries, the possibilities for commercial ventures are as diverse as the coastal landscape itself. What sets this property apart is its unique stipulation on coverage: only 75% of the lot may be utilized for pavement, sidewalks, and infrastructure. This requirement fosters a harmonious blend of urban functionality and aesthetic appeal, ensuring that development maintains a balance between utility and environmental consciousness. Upon establishing the building footprint, developers are granted a designated usable space. Within this boundary, creativity knows no bounds, as 75% of the area can be fully utilized to realize the vision for the property. Whether crafting a sleek office tower, a chic retail hub, or a dynamic mixed-use complex, the potential for transformative development is boundless.
In summary, this commercial parcel offers more than just a piece of landit presents an opportunity to shape the skyline and redefine the fabric of the community. With its strategic location, meticulous zoning regulations, and expansive potential, this property stands as a beacon for those seeking to leave a lasting mark on the coastal landscape. Building is in process of being torn down into raw land in the next 2-4 weeks.
In summary, this commercial parcel offers more than just a piece of landit presents an opportunity to shape the skyline and redefine the fabric of the community. With its strategic location, meticulous zoning regulations, and expansive potential, this property stands as a beacon for those seeking to leave a lasting mark on the coastal landscape. Building is in process of being torn down into raw land in the next 2-4 weeks.
Location
State FL
County Bay
Area 03 - Bay County - Beach
Interior
Fireplace No
Exterior
Utilities Available Sewer Available, Water Connected
Waterfront Description Lagoon
Water Access Desc Lagoon
Building
Sewer Public Sewer
Others
Tax ID 31618-200-000
Acceptable Financing Cash
Listing Terms Cash
Financing Conventional
Special Listing Condition Listed As-Is
Virtual Tour https://youtu.be/6s-79EtC3Jc?si=Ru2HuwZlKhwJqLFi
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Listed by Coldwell Banker Realty
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