5120 E Highway 22 Highway

Panama City, FL 32404
$189,000
1040 sqft | 3 beds | 1 bath | 1.01 acres | #765773

Description

Rare opportunity for 1 acre with a home. 180ft on Hwy 22. Currently zoned R6 residential but the City of Callaway said it could also be easily changed for commercial. The perfect setup for a business that could utilize the home for an office and uses the large lot for trucks, supplies, materials, additional structures, etc. Could also be developed to make multiple 6000 sqft lots for single family homes. You could also rehab the home and cut out lots to build on. Many possibilities. The home has a new roof, front porch and original hardwood floors. Needs some repairs and updates. City water and sewer.

  • Property Details
      • Bedrooms:3
      • Bathrooms:1
      • Full Baths:1
      • Acres:1.01
      • Square Feet:1040
      • Property type:Purchase
      • Style:Craftsman
      • Year built:1950
      • Utility features:Electricity Connected
      • Subdivision:[No Recorded Subdiv]
      • Elementary School:Parker
      • Middle School:Rutherford Middle
      • High School:Rutherford
      • County:Bay
      • Days on Market (Cumulative):19
      • Taxes annual:$1, 172
      • MLS #:765773
      • Cost:189000
      • Property subtype:Detached
      • MLS #:765773

Location

Tia BlumReal Estate Group
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Down Payment

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10.0%

Interest Rate

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6.0%

Tax Rate

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2.6%
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Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

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