WATERFRONT DEVELOPMENT OPPORTUNITY - $1,999,000 - INTRACOASTAL WATERWAY

PRICE REDUCED 30% BY MOTIVATED SELLER

Here are the statistics/details:

ListPrice: $1,999,000

SiteDim: 123.2 ft X 372.7 ft

Acres: 1.06

Waterfront Ft: 123 ft

This is exceptional WATERFRONT PROPERTY located on EAST BAY in Eastern BAY COUNTY, FLORIDA.

The arrow in the aerial photo above points to the exact location of the waterfront development property.

NEW MIXED-USE (MU2) ZONING ALLOWS UP TO 25 UNITS PER ACRE with a 12 STORY HEIGHT RESTRICTION.

There are 2 parcels comprising one property with a business office on the front facing Hwy 98 E (Tyndall Pkwy) and a personal residence at the back of the property directly on East Bay.

Although the structures on the property are in very good condition, the value is considered to be in the location of this pristine land with 123 ft on the deep waters of East Bay.

NO BRIDGES ... DIRECT ACCESS TO INTRACOASTAL WATERWAY INTO THE GULF OF MEXICO (GULF COAST INTRACOASTAL WATERWAY GIWW).

The property fronts 123 ft on E Hwy 98 and runs approximately 372 ft deep. The property is graced with century Oaks as well as other trees and shrubs indigenous to the North West Florida Coastline. This bay front property is sheltered by surrounding land. It is located near the Dupont Bridge access to Tyndall Air Force Base.

The property is near UNDER THE OAKS PARK, one of the most beautiful parks in NW Florida.

This area is slated for unprecedented growth and development. View photos to see the incredible beauty of this WATERFRONT property. Additional photos and a video tour available. Adjacent property listed for $2,500,000.

TranAccess: 4-Lane, Divided Highway, Paved, State Road
Utilities: Electric Available, Public Sewer, Public Water