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Sold for $950,000
  • $950,000

    3100 Airport Rd, Panama City, FL 32405

    --beds
    --baths
    4.36Acres
    Unimproved Land
    Built in ----
    4.36 Acres Lot
    $-- Zestimate®
    $--/sqft
    $1,503 Estimated rent

    Home value

    Not available

    Estimated sales range

    Not available

    $1,503/mo

    Zestimate® history
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    What's special

    APPROVED 50 UNIT TOWNHOME DEVELOPMENT ORDER AND ENGINEERING IN PLACE!!! Discover Embrie Townhomes, an exciting future townhome development in Panama City, Florida right outside of Sweetbay. This development will have 50 three-bedroom, two-and-a-half-bathroom townhomes with garages and will be nestled on 4.369 acres of prime real estate. With an exceptional price point of $1.1 million, this development presents a compelling investment opportunity. Unit comparables are currently at $379K per unit. Embrie Townhomes will boast a prime location with multiple entrances, ensuring easy access and eliminating the need for road maintenance from FDOT. Additionally, a lift station conveniently located across the street from the proposed development provides enhanced convenience and infrastructure. The property already includes a home that can be utilized as a sales office, streamlining the sales process. Each townhome within Embrie Townhomes will offer approximately 1,300 square feet of living space, perfectly designed to strike a balance between comfort and luxury for residents. SweetBay's marina will allow you to take full advantage of the Bay and Intercostal waterway to the Gulf. Phase 1 of the 40-acre marina district will feature a 2-acre wet basin and 56,000 square foot dry storage boat barn and will serve as the only marina on North Bay. Civils for Embie Townhomes were skillfully planned and executed by McNeil Carroll, guaranteeing top-notch construction and development. The property is currently zoned as MU3 (mixed use 3) with county approval for 50 townhomes, providing a solid foundation for the project's success. Embrie Townhomes benefit from their proximity to the future marketplace of Sweet Bay, offering a vibrant retail, dining, and entertainment scene within walking distance. Enjoy convenient access to the pristine bay, perfect for water sports and scenic walks along the shore. Embrie also provides easy access to the thriving city of Panama City, renowned for its amazing bays leading to the Gulf, exceptional dining options, convenient shopping, and a newly revitalized downtown area. Don't miss out on this exceptional future townhome development. Embrace the anticipation of the coastal lifestyle offered by Embrie Townhomes, where luxury and convenience merge in Panama City, Florida. With its attractive pricing, significant valuation potential, prime location near Panama City, Panama City Beach and 30A, as well as reputable engineers overseeing the project, this development promises substantial returns. Secure this prestigious community and seize the potential for a prosperous future.

    Zillow last checked: 7 hours ago

    Listing updated: December 02, 2025 at 03:57am

    Listed by:

    Beth Mulvey 256-566-5482,

    Beach House Sales and Development

    Bought with:

    Beth Mulvey, SL 3390217

    Beach House Sales and Development

    Source: CPAR,MLS#: 741690MLS LogoOriginating MLS: Central Panhandle Association of REALTORS

    Facts & features

    Property

    Lot
    • Size: 4.36 Acres
    Details
    • Additional structures: Residence, Workshop
    • Parcel number: 13036000000
    • Zoning description: Resid Single Family, Multi-Family, Resid Multi-Family, Commercial

    Community & neighborhood

    Location
    • Region: Panama City
    • Subdivision: No Named Subdivision

    Other

    Other facts
    • Road surface type: Paved

    Price history

    DateEventPrice
    2/19/2025Sold$950,000-13.6%
    Source: CPAR #741690 Report a problem
    12/14/2024Pending sale$1,100,000
    Source: CPAR #741690 Report a problem
    9/19/2024Listed for sale$1,100,000-15.4%
    Source: CPAR #741690 Report a problem
    8/13/2024Contingent$1,300,000
    Source: CPAR #741690 Report a problem
    7/11/2024Price change$1,300,000-13.3%
    Source: CPAR #741690 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024$8,560 +1.6%$523,835 +3%
    2023$8,429 +221.7%$508,648 +161.7%
    2022$2,620 $194,386

    Find assessor info on the county website

    Neighborhood: 32405

    Nearby schools

    GreatSchools rating