333 N Star Avenue, Panama City, FL 32404

$600,000

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List Price
$600,000
Status
ACTIVE
MLS#
790972
Subtype
Commercial Sale
Year Built
2024
Lot Size
113,691
Acres
2.61
Subdivision
[No Recorded Subdiv]
Neighborhood
Bay - Central SE
MLS Area Major
Bay County - Central

Property Description

Residential Mobile Home Park / Development Opportunity! Cleared 2.61-acre property on N Star Ave with excellent development potential. Per county information, the property may accommodate up to 32 single-family dwellings, subject to applicable approvals and development order, with city water and sewer connections estimated at approximately $40,000. The sale includes both 333 N Star Ave and 401 N Star Ave, consisting of two parcels totaling 2.61 acres. The property currently features two brand-new Fleetwood mobile homes, along with a new well, septic system, and power poles. One home is a 3-bedroom, 2-bathroom, 1,040-square-foot Fleetwood single-wide, and the other is a 4-bedroom, 2-bathroom, 2,128-square-foot Fleetwood double-wide. The two homes alone represent approximately $300,000 in cost. Conveniently located directly behind Callaway Elementary School and just minutes from restaurants, shopping, and everyday amenities. Whether you're looking to establish an income-producing residential portfolio or capitalize on future development potential, this property offers a unique opportunity. Buyer to verify all zoning, development, utility, and permitting information with the appropriate county and municipal authorities.

Additional Information

Zoning
County, Resid Multi-Family, Mobile Home
Parking
Paved
Elementary School
Callaway
Middle School
Everitt
High School
Rutherford

Mortgage Calculator

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Calculator source: Real Geeks

Listing courtesy of Coldwell Banker Realty.