1408 Old Allanton Rd, Panama City, FL 32404 - Bay County

### Prime Investment Opportunity: 89-Acre Parcel in Bay County, Florida

**Now Offering the Option to Subdivide into 10-Acre Lots!**

Take advantage of this exceptional opportunity to secure a portion of a prime 89-acre property just 10 miles from downtown Panama City, Florida. **We are now offering to subdivide the property into 10-acre lots, with lot locations available on a first-come, first-served basis!** Choose your ideal parcel based on location preference, whether you're envisioning a residential retreat, agricultural use, or investment potential.

Situated along a paved road with 510 feet of frontage on the future Gulf Coast Parkwaya major four-lane highway under development this property is poised for significant growth and accessibility.

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#### **Key Features:**

- **Subdivision Option:**

- Flexible purchase options: Secure **your preferred 10-acre lot** before it's gone! Lots will be offered on a **first-come, first-served basis**, allowing you to choose the location that best suits your needs and vision.

- **Dual Zoning:**

- **60 Acres R1 Residential:** Ideal for homebuilding, community development, or a private estate.

- **30 Acres A1 Agricultural:** Perfect for farming, ranching, or preserving natural beauty.

- **Utilities:**

- Electricity is available along the entire 6,000+ foot property length.

- City sewer and water are accessible near the Sandy Creek Airpark side, enhancing development potential.

- **Topography:**

- Elevation ranges from 12 to 24 feet above sea level.

- Primarily upland with most of the property in **Flood Zone X** (minimal flood risk) and small portions in **Flood Zone A**.

- **Access:**

- **Extensive Frontage:** 510 feet on the planned Gulf Coast Parkway.

- Includes access rights to a private runway within the gated Sandy Creek Airpark community.

- Potential access to Highway 2297 through Lots A and B of Sandy Creek Airpark.

- **Natural Beauty:**

- Covered in lush Slash pine forest, providing aesthetic value, privacy, and potential for timber harvesting.

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#### **Convenience and Location:**

- **Proximity to Amenities:**

- 13 minutes to Walmart, restaurants, and conveniences.

- 20 minutes to Panama City, Tyndall Air Force Base, and the beach.

- 35 minutes to Mexico Beach.

- **Future Connectivity:**

- Once the Gulf Coast Parkway is completed, the property will be only 15 minutes from Mexico Beacha significant boost to accessibility and value.

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#### **Additional Information:**

- **Survey:**

- A recent survey of the property is available to provide clear boundaries for your selected lot.

- **Owner Financing:**

- Flexible owner financing options are available to help you secure your ideal 10-acre lot or larger parcel.

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This is your chance to claim a piece of this stunning property and shape it to your vision. **Act quickly to secure your preferred 10-acre lot location before it's gone!** With the Gulf Coast Parkway on the horizon, this land is an incredible investment opportunity with versatility and future growth potential.

Contact us today for more details, to schedule a viewing, and to select your ideal lot!