165 Acres Near Panama City | EquityPro
60
19.19% Estimated ROI
$3,995,000 Investor Price
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165 Acres Near Panama City

0 bed / 0 bath1 sq ft Vacant Land
View Map Allanton Point
Allanton Rd, Panama City, FL 32404
60
Quality of Comparables
Low High
10/20
Level of Rehab
Heavy Light
10/20
Location of Neighborhood
Far Close
17/20
Quality of Floor Plan
Choppy Flowing
10/20
School Rating
F A
8/10
Placement in Neighborhood
Busy Calm
5/10
Property Details

This is a rare land-grab opportunity located outside of Panama City, in Bay County, Florida. The parcel is 165 acres with 1.3 miles of Inter coastal water frontage in East Bay. This land is ideal for a waterfront community with docking facilities along the inter coastal waterway. At $24,212 per acre, there is a tremendous upside here. The Florida Panhandle is known for its beautiful beaches and tourist destinations like Destin, Panama City Beach, Seaside, and Mexico Beach. Start development now or hold this land for future use. Contact your EquityPro Advisor for more details on this opportunity.

We recommend flip
Rental Income
$0 mo. / $0 yr.
Investor Price
$3,995,000
Closing Costs to Buy
$50,000
Rehab Projection
$0
Estimated Taxes
$514 / yr.
Property Management
$0 / yr.
Maintenance
$0 / yr.
HOA Dues
$0 / yr.
$-514
Projected Income
-0.01%
Estimated APY
After Repair Value
$5,000,000
Investor Price
$3,995,000
Closing Costs to Buy
$50,000
Rehab Projection
$0
Closing Costs to Sell
$50,000
Listing Agent Commission
$100,000
$805,000
Total Projected Profit
19.19%
Estimated ROI