Bbs Summary

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This is an incredible develpment opportunity just 5 miles north of Panama City Beach and 3 miles west of the Panhandles new International airport. This site boasts full visability from the Buchanan Bridge and some of the most beautiful uplands found in the area. Zoning is Commercial. Call today for details. Price recently reduced to $3.8M

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Bbs Summary

  1. 1. This project is being marketed under the name BB’s Landing. It is approximately 12 acres on the North West quadrant of the Buchanan Bridge which crosses the Inter-Coastal waterway in West Bay, Florida. This is a gorgeous site with majestic oak trees on the uplands lining a beautiful deep water bayou lined with saw grass. The site also has a ~9 acre island with a small wooden bridge crossing to it. There are some limitations to development because of a Corp of Engineers Spoils Easement that encroaches onto the uplands of the island. This easement does not interfere with usage, but does restrict permanent structures. The Sellers have engineered drawings supporting a condo project on the buildable upland portion of the site, with the areas affected by the easement designated as amenity areas. It is possible through litigation or political pressure to have the easement dissolved and further increase the value of the property. Present owners have submitted applications for dredge and wet-slip permitting. This site is currently zoned Commercial. Asking price is $3.8M.
  2. 2. View of island looking West down the Inter- Coastal towards the Choctawhatchee Bay. This section of the Intra-coastal Waterway is approximately half-way between St. Andrews bay in Panama City, and the Choctawhatchee Bay in Destin. View of Island and Bayou from Buchanan Bridge
  3. 3. For Additional Information on this or any other investment opportunities in the West Bay or surrounding areas, please contact Lisa Felix 850-819-4961.

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