322 & 320 DETROIT AVE, PANAMA CITY, FL 32401
$38,000
ASSIGNMENT OF CONTRACT
LOT HIGHLIGHTS
| TWO BUILDABLE LOTS | |
| SURVEY COMPLETED | |
| TITLE CLEARED | |
| SINGLE FAMILY OR DUPLEX ALLOWED | |
| WATER & SEWER AVAILABLE |
OVERVIEW
Site can be used to develop two single family homes, or ability to develop duplex and potential triplex. Site will need to be cleared of vegetation. There was a structure on the corner lot, and was demoed years ago.
NEIGHBORHOOD OVERVIEW
| AVERAGE SALE PRICE | $240,333 |
| AVERAGE HOME SIZE | 1,246 sf |
| AVERAGE $/SQFT | $193 |
PROPERTY DETAILS
| LOT SIZE | 0.33 acres |
| DIMENSIONS | 109.5 x 130 |
| ZONING | MU (SPR) |
| FLOOD ZONE | NO |
| LOT TYPE | CORNER+INTERIOR |
| WATER AVAILABILITY | YES |
| SEWER AVAILABILITY | YES |
| SUBDIVIDE | NO |
| # POTENTIAL LOTS | 2 |
| COUNTY | BAY |
DEVELOPMENT POTENTIAL
Can build two single family spec homes on the existing lots or City of Springfield has verbally approved they will allow small multifamily units as long as they meet the land development requirements.
Mixed Use (SPR) Setbacks:
Front – 25′
Side – 10′
Rear – 15′
Side Adjacent to Street – 15′
ADDITIONAL SITE INFO
320 and 322 Detroit Ave are two lots neighboring each other.
Lots can be left into two individual lots OR can be combined into one site for multifamily.
Springfield has already approved combination and multifamily if thats the route the developer would like to take.
Boundary Survey upon request.
CLOSING + TITLE DETAILS
Closing Date:
03/06/2025
EMD Amount:
$2,500
Title Company:
SETCO Services
Phone Number:
(850) 650-6161
Email:
[email protected]
I WANT THE DEAL - WHAT'S NEXT?
Step 1: Contact Adrian (Bottom of Page) or Click the “Submit an Offer” button.
Step 2: Agree on Terms.
Step 3: Review and Sign the Assignment Agreement.
Step 4: Submit Earnest Money Deposit (EMD).
Step 5: Prepare for Closing.
If you have any questions or need assistance during the process, don’t hesitate to reach out to Adrian. We’re here to make your land acquisition as seamless as possible!
DISCLAIMER: This email represents an Assignment of Contract, and the buyer is responsible for conducting all necessary due diligence related to the property. Unwind Land Co. makes no representations or warranties, expressed or implied, as to the accuracy or completeness of the information provided herein. All information is provided as a courtesy and should be independently verified by the buyer. Unwind Land Co. shall not be held liable for any errors or omissions.
HAVE ADDITIONAL QUESTIONS? CONTACT OUR TEAM.
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