MLS® ID: 680442
0 Hwy 2321
Panama City, Florida, 32404 $2,592,000
This is a 25+/- acre multi family apartment opportunity. The Deer Point multi family development is a fully entitled apartment site, that you can build 288 +/- units on, the project will consist of 25 acres +/- , with approximately 2,500 front feet on Hwy 2321. The project is part of the original Mill Bayou acreage, the project at this point consists of two schools, North Bay Haven Academy and Deer Point Elementary Scholl, 98 acres were deeded to The Trust for Public Land for a park and two different single-family developments are being developed at this time. Bay County suffered a Devastating Hurricane in October of 2018, the effect of the storm will increase the demand for muti-family housing for years to come in Bay County.