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Pending
  • Price cut: $10K (4/11)
    $138,000

    7909 Madison Ave, Southport, FL 32409

    --beds
    --baths
    8Acres
    : 
    Unimproved Land
    Built in ----
    8 Acres Lot
    $-- Zestimate®
    $--/sqft
    $-- HOA

    What's special

    Significant building potential
    INVESTOR OPPORTUNITY!!! Land development investment opportunity in one of the fastest growing locations in the Panhandle! SELLER WILL CONSIDER OWNER FINANCING!!! Explore the potential of 8 acres +/- of land in one of the fastest growing areas of the Panhandle. As per Panhandle Engineering study, the property could accommodate 15 homes which makes this an outstanding investment opportunity!There is a 3-bedroom house, barn, and pasture, on the property considered to be of no value. However, the true value lies in the land itself and its strategic location. Given the expected growth in West Bay and its surroundings, this property offers an appealing investment prospect, especially for developers. With the current zoning allowing for R-1 and R-2 use, there is significant building potential just a quick 20-minute drive to the Airport, 30 minutes to the Beaches, and roughly 15 minutes to Panama City. This is an opportunity not to be missed!
    211 days
    on Zillow
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    48
    |
    0
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    Zillow last checked: 7 hours ago

    Listing updated: April 27, 2025 at 07:35am

    Listed by:

    Gina Williams 850-890-4330,

    Chipola Realty, Chipley Office

    Source: CPAR,MLS#: 764531MLS LogoOriginating MLS: Central Panhandle Association of REALTORS
    Travel times

    Facts & features

    Property

    Lot
    • Size: 8 Acres
    • Dimensions: 522 x 600
    Details
    • Parcel number: 07722000000

    Utilities & green energy

    • Utilities for property: Electricity Available, Water Available

    Community & HOA

    Community
    • Subdivision: No Named Subdivision
    HOA
    • Has HOA: No
    Location
    • Region: Southport

    Financial & listing details

    • Tax assessed value: $250,688
    • Annual tax amount: $3,179
    • Date on market: 11/1/2024
    • Listing terms: Cash,Conventional,Owner May Carry
    • Electric utility on property: Yes
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