Coastal Real Estate Group

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LOT #13 AIRWAY Street
PANAMA CITY, FL 32404;   $22,500  

BRING ALL WRITTEN OFFERS!!!!!Sandy Creek Airpark is a gated private runway located 7 miles east of Panama City. This is one of the best fly-in opportunities in NW FL. The facility is a homeowners airpark with the FAA airport designation of 75FL. It has a newly paved 3,200 foot runway with lights and bacon for night operations an a FAA Charter on the filed. The gated community has 94 residential lots with 3 commercial lots. Additional information on the airpark is available on line at sandycreekairpark.org the subdivision website. This is a cleared lot located north of the runway and abuts undeveloped acreage. The facility is used by association members their tenants and quests and members of the on-site EAA Chapter. Seller will pay all current assessments.


Offered by Joan Altenpohl of Coastal Real Estate Group
0 WILDWOOD Road
PANAMA CITY BEACH, FL 32407;   $795,000  

Property is situated on Wildwood road. Property is zoned Residential or R-3 PUD. This zoning classification will allow 15 units per acre. Property is currently fenced. Property is ideal for small homes or duplex/townhome development. A variety of residential development is possible. Possible short term owner financing. Please bring all written offers or development plans. Owner within the LLC is a Lic. Real Estate Agent.


Offered by Joan Altenpohl of Coastal Real Estate Group
105 MEDICAL CENTER Drive
PANAMA CITY, FL 32405;   $175,000  

Property is ready for your development and is situated in the middle of professional medical office district. Land borders the south side of Medical Center Drive and has approximately 200+- feet along Medical Center Drive and contains approximately .569+- acres. Situated within the City of Panama City and Zoned General Commercial (GC-2) with no know development restrictions. Perfect site for your professional office building. Property may be subject to 15 foot easement along the south side of the property. Survey of property was not provided.


Offered by Joan Altenpohl of Coastal Real Estate Group
17701 PANAMA CITY BEACH Parkway
PANAMA CITY BEACH, FL 32413;   $895,000  

Excellent location approximately 1.5 miles west of Highway 79 and 2 miles west of Pier Park. Property is situated on the south side of Highway 98 at the corner of Panama City Beach Parkway and the entrance to Beachwalk Condominium. Property is located directly across from the entrance to''Panama City Beach Commerce Park''. This site has approximately 335+- feet along Highway 98 (Panama City Beach Parkway) and consists of 2.25+- acres. Property is located within the City of Panama City Beach and is Zoned CH - Commercial High Intensity, with no known development restrictions. Perfect site for your business! Best suited for hotel - restaurant - office - warehouse - retail - or other. Call for surveys, etc. owner within the LLC is a Lic. Real Estate Agent.


Offered by Joan Altenpohl of Coastal Real Estate Group
6913 CHERRY Street #U,V,W,X
PANAMA CITY, FL 32404;   $219,000   8 BR;   4 full BA   4 ½BA   4096 sf;  

Attention investors, great rental property. Four units U, V, W, and X. Each unit; two bedrooms upstairs; one full bath upstairs; half bath on lower level; kitchen on lower level; and living room on lower level. Each unit has an exterior closet with the washer/dryer hookup. Three of the units have new roofs. All four units have new roofs over the storage area. Gross annual income of $34,260. Owner manages themselves and recognize a 12.3% cap rate and Potential Monthly gross multiplier of 76.7. Hurry, this property will not last!!!!


Offered by Joan Altenpohl of Coastal Real Estate Group
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