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Presented by

Chris McCall

Counts Real Estate Group
2104 Thomas Drive
Panama City Beach, FL 32408

• Main Phone (850)814-9889
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Property Description

HUGE PRICE REDUCTION. 196 ... ACRES ON EAST BAY. The reduced sale price equates to; $28,000 per acre / $567 per waterfront foot / $14,000 per unit!!! Owner financing available. At this price, investors and/or developers can buy at the bottom and hold. Piney Point offers an investor, or developer, with an opportunity to acquire over 1.8 MILES of pristine Bay-front property in Northwest Florida with nearly all of the entitlements in place. 9,700 Ft. of water frontage on East Bay - that's 1.84 MILES of waterfront property with direct access to the Gulf of Mexico. PUD approved for #391 single-family lots, amenities, recreational areas, conservation areas, and boating facilities. The City of Callaway has started construction on the water and sewer mains down Highway 2297, and scheduled to be completed by the Summer of 2009. Wetlands permits with the Department of Environmental Protection agency (DEP) and the Army Corp of Engineers (ACOE)are pending and expected to be in-hand by the Fall of '09. Pristine shoreline with unobstructed views for miles across East Bay/St. Andrew Bay. Renowned bay and flats fishing on East Bay and surrounding nearby bayous. Call for further details or to setup a tour of the property. MLS# 392569.

Property Features

• Market Status Available
• Property Type Land
• Architecture Waterfront
• Approx. Lot Size 196 Acres
• Building Features

  Cable/Satellite TV: Cable TV Available

• Location

  MLS Area: 05

• Lot Features

  View: Bay View

  Waterfront: Bayou Front, Bay Front, Shore Front