This Residential/Mixed-Use development property is located directly on Hwy 20, the major East/West traffic corridor servicing areas including Freeport, Niceville and Panama City. The best use for this property, with approx. 420' of frontage, is for a Multi-Family project with a Commercial out-parcel in front. This property is right across the street from the Hammock Bay entrance. Due to the Hurricane in Panama City, there is a significant demand increase for affordable housing/apartments in this area. There is also a demand for housing for the service sector residents working in the southern portion of the county where rental prices are high. The site is wooded, level with no wetlands. There is a home on the property that will be delivered ''vacant'' and in the ''As Is'' condition.
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Listing Courtesy Of The Premier Property Group. All listings are provided courtesy of the Emerald Coast Association of Realtors, Copyright2019, All rights reserved.
Listing information last updated on August 22nd, 2019 at 7:15am CDT.