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Residential Land For Sale

Picture of Residential Land For Sale in Southport, Florida, United States

$249,000

7909 Madison Ave
Southport, Florida, United States

Listed By: Realtyww Info

Listed On: 07/30/2024

Listing ID: GL11824364 View More Details

Description

LAND, LAND LAND! DON'T MISS THIS OUTSTANDING INVESTMENT OPPORTUNITY! Explore the potential of 8 acres of land in one of the fastest growing areas of the Panhandle. As per Panhandle Engineering study, the property could accommodate 15 homes which makes this an outstanding investment opportunity!There is a 3-bedroom house, barn, and pasture, on the property considered to be of no value. However, the true value lies in the land itself and its strategic location. Given the expected growth in West Bay and its surroundings, this property offers an appealing investment prospect, especially for developers. With the current zoning allowing for R-1 and R-2 use, there is significant building potential just a quick 20-minute drive to the Airport, 30 minutes to the Beaches, and roughly 15 minutes to Panama City. This is an opportunity not to be missed!

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Listed by: Gina Williams
Source: The World Property Journal

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