Description
Incredible Waterfront opportunity on Lake Powell. Properties current zoning for an allowance of up to 25 units per acre. This information has been verified through Bay County planning and zoning. This property has black top access with water and sewage right to the development site. This site could have multiple private waterfront homes, or the opportunity for multiple townhomes. Dock and boat ramp process is possible with proper permitting. Very limited amount of larger waterfront sites on Lake Powell available in Bay County. Cross Inlet Bridge and the price of a similar parcel would be TWICE the price at least. Directly across the Lake from Wild Heron subdivision. Also very close to all the new Walton County development of restaurants, retail shops and chain grocery stores. The next townhome project East on Lake Powell Estates on the other side of Bay County park and public boat ramp, has all been sold out with units selling at over $300+ per sq ft. For your developer client this property makes great financial sense. Lake Powell naturally opens to the Gulf with periodic boat access to the Gulf of Mexico. Offshore in the Gulf with close proximity to the Lake Powell entrance is some the finest fishing in the entire area as there is a reef just off the coast of the Lake.
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0BEDS
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1.78ACRES
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0BATHS
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01/2 BATHS
School Information
Description
Incredible Waterfront opportunity on Lake Powell. Properties current zoning for an allowance of up to 25 units per acre. This information has been verified through Bay County planning and zoning. This property has black top access with water and sewage right to the development site. This site could have multiple private waterfront homes, or the opportunity for multiple townhomes. Dock and boat ramp process is possible with proper permitting. Very limited amount of larger waterfront sites on Lake Powell available in Bay County. Cross Inlet Bridge and the price of a similar parcel would be TWICE the price at least. Directly across the Lake from Wild Heron subdivision. Also very close to all the new Walton County development of restaurants, retail shops and chain grocery stores. The next townhome project East on Lake Powell Estates on the other side of Bay County park and public boat ramp, has all been sold out with units selling at over $300+ per sq ft. For your developer client this property makes great financial sense. Lake Powell naturally opens to the Gulf with periodic boat access to the Gulf of Mexico. Offshore in the Gulf with close proximity to the Lake Powell entrance is some the finest fishing in the entire area as there is a reef just off the coast of the Lake.
© 2023 Central Panhandle Association of Realtors MLS. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Counts Real Estate Group, Inc.. Data last updated: 2023-06-02T11:04:19.397.
Listing provided courtesy of Counts Real Estate Group Inc: (850) 231-1483. Listing information © 2023 Central Panhandle Association of Realtors MLS.