190 WALTON PALM RD, PANAMA CITY BEACH

Property Summary

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MLS #448957

$995,000

3 bedroom, 1 bathroom, 1,403 sqft.
Detached Single Family

190 WALTON PALM RD,
PANAMA CITY BEACH, FL 32413
Subdivision: INLET BEACH

• Lot Size:

  1.070000 Acres

• Year Built:

  1977

• Garages:

  1

REDUCED to $955,000 was $2,000,000! OWN YOUR OWN SUBDIVISION COMPLETE WITH HOME!! Invest now while prices are low before nearby International Airport is completed! Beautiful 3 bedroom home with fireplace, large island/bar fits 5, large, tiled, screened patio. Lot is wooded with circular, cement driveway through middle of property to 1 car, attached garage and 3 vehicle carport. Lovely outdoor cement patio off of large 18 x 12 master bedroom. Third bedroom can be used for family room with sliding doors to screened patio. Land consists of 8 lots (Lots 6,7,8,9,10,11,12,13) of an unrecorded subdivision. County Planning Dept. has reviewed & recognized existence of property consisting of 8 lots. Home is on Lot 11. Beach houses 4 stories high with gulf views may be built on other lots. This tract has also been given final approval by the county for a configuration consisting of 7 rectangular lots with approved traffic count. Extension until 7/2010 to go from final approval to development order stage. All that is needed to go to development stage is payment of tap fees which are $10,500 per lot. Great investment! Walk 4 short blocks to 19 acre Gulf front County Park with 3 dune walkovers with majestic views. Two blocks north is beautiful, Florida Designated Water of Lake Powell. 1 block from the grandeur of Grande Point where lots are selling for $350,000-$550,000.Many upscale developments are being built in Inlet Beach which is next to Rosemary Beach. Close to golf, grocery stores-Publix & Winn Dixie, restaurants and Camp Helen State Park. House is presently rented for good rental income.