3204 Heartleaf Avenue East, Panama City, FL 32405 - Property for Sale
Available For Sale - Land
0 SF
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Show Pricing $
AVAILABILITY DETAILS
- Size
- 0 SF
- Price/SF
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Show Pricing $
- Listing ID
- SA369765
- Notes
- Sweet Bay is an urban infill project that is located on the site of the old Panama City Regional Airport in
Panama City, Florida. The Master Plan for the 700 acre site, made up of 32 parcels, features five miles of
waterfront park, marina, village town center, University Academy a K-8 public charter school, and a variety
of single-family and multi-family homes. The old runways become a system of waterways and greenways
that link the village center and neighborhoods with the waterfront.
An extensive system of nature trails further enhances the connectivity, linking homes with shops and
restaurants, school, and recreational opportunities. The upland component is the only large piece of
property available for development on St. Andrew Bay. It has over four miles of frontage on North Bay and
lies within Panama City
The developer has rights for 3,200 residential units, 700,000 SF of commercial space, and has
successfully sold over 150 homes in their initial phase. The developer is also considering a build for rent
program as well as a traditional multi-family for rent project. The most appealing aspect of Sweet Bay is
its focus on the waterfront and water related activities. For this reason the developer has spent almost 2
years pursuing entitlements for 117 wet slip marina and a 240 boat capacity dry storage facility on the
uplands. This site is truly “shovel ready” with FDEP and USACE permits in hand. Permits are valid thru June
2022.
As a result of the residential development, the demand for a myriad of commercial uses naturally should
follow. Therefore, the Sweetbay Town Center will be well positioned to attract such end users.
- Uses
- Land
Other Availability in this Property
This information has been obtained from sources believed reliable. We have not verified it and make no guarantee, warranty or representation about it. Any projections, opinions, assumptions or estimates used are for example only and do not represent the current or future performance of the property. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for you needs.
Listing provided courtesy of
Carlton Dean SIOR CCIM, SVN | SouthLand Commercial
Carlton Dean SIOR CCIM, SVN | SouthLand Commercial
