7909 Madison Avenue

Southport, FL 32409
$215,000

Description

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
    • Measurements
      • Acres:8
  • Construction Details
    • Type & Style
      • Property type:Purchase
  • Utilities / Energy Details
    • Utility
      • Utility features:Electricity Available
  • Community and Neighborhood Details
    • Community
      • Subdivision:No Named Subdivision
    • Location
      • Elementary School:Southport
      • Middle School:Deane Bozeman
      • High School:Deane Bozeman
      • County:Bay
  • Financial Details
    • Pricing Details
      • Days on Market (Cumulative):93
      • Taxes annual:$3, 179
  • Other
    • Source
      • MLS #:760599

Location

Tishawn PackardReal Estate Group
$
years

Down Payment

$
%
10.0%

Interest Rate

%
6.0%

Tax Rate

%
2.6%
$
$
annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

Estimated Monthly Payment
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Loan Amount
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