FLORIDA - 200 ACRES - IN GROWING NORTH FLORIDA AREA
CLOSE TO NEW INTERNATIONAL AIRPORT
| Start Price |
USD 550,000.00 |
| Current Price |
USD 550,000.00 |
| Time Left |
- |
| Bid Count |
0 |
| Buy It Now Price |
- |
| Reserve Price |
- |
| Start Time |
Wednesday, November 12, 2008 |
| End Time |
Friday, December 12, 2008 |
| Location |
Caryville, FL |
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See more about 'FLORIDA - 200 ACRES - IN GROWING NORTH FLORIDA AREA'
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Description
YOU ARE BIDDING FOR THE TOTAL PURCHASE PRICE Florida's Panhandle ** 200 Acres ** Best Place To Invest Within The Next 5 Years by CNN Money Magazine Click link below for special report http://money.cnn.com/video/#/video/business/2006/10/25/cnnmoney.best.places.invest.cnn.cnn 1. Panama City, FL 72% Projected gain in home prices (5-year)* Median home price2006: $223,0002011: $383,000 Population2006: 166,0002011: 187,000 Per capita income2006: $31,0002011: $40,200 *Metro region statistics A small city needs one of two things to jack up housing demand: more people or wealthier people. Unlike the rest of Florida, Panama City hasn't really attracted either, mainly because it's isolated on Florida's panhandle.The interstate highway system bypasses it, and the runway at the local airport isn't long enough to support anything beyond regional jets. But now Panama City is poised to host big airliners, more visitors - and a lot more buyers.State and local governments and a top regional developer, St. Joe Co., are planning to build a new airport by 2008 at a cost of more than $300 million. Locals expect the new facility to open up the region the way Southwest Florida International Airport in Fort Myers helped drive a housing boom along Florida's southwestern coast in the 1980s."Panama City is an economy waiting to break out," says Steven Cochrane, chief regional economist for Moody's Economy.com. Other factors increasing demand: Property prices are still low by Florida standards, and the local market has already absorbed a price correction after peaking last year.Janet Roan, a Century 21 agent in Panama City, notes that two-bedroom beachfront condos are going for as little as $330,000 - down by more than $100,000 from 2005. ______________________________________________________________________________________ **200 Acres Of Pristine Property** This PROPERTY is located right off of highway I-10, near the New International Airport which is scheduled to open MAY 2010. It is also located in one of North Florida's most scenic areas with clear lakes and world renowned beaches. 200 Acres Parcel #1 (40 Acres) 4988-0000 / Parcel #2 (40 Acres) 6050-0000 / Parcel #3 (120 Acres)6078-0000 Please visit Florida Washington County Appraiser Office for all details on Tax, Zoning etc.. at www.washcofl.com Preliminary Designation Plan was created based on existing zoning guidelines. The property can fit 30 lots of 4.5 acres. _______________________________________________________________________________ NEW INTERNATIONAL AIRPORT Below is the latest information about the New International Airport being built only 20 minutes from the 200 acre site. The Local, State and Federal government are investing over $300,000,000 millions for this project. This is the first International Airport being built in the US since the 1990's. This will create a BOOM for the area with not only the new International Airport, but also the additional commercial, retail, industrial and residential that will be built. The Airport is scheduled to open Mid 2010. Please visit www.newpcairport.com for more detail. Project updates on construction of the new Panama City-Bay County International Airport Construction Photos - October by NewPFN on October 10, 2008 The following pictures are of construction progress as of October 1, 2008. Terminal Design and Construction Approved by NewPFN on October 8, 2008 Press Release Airport Authority Approves Design and Construction ofTerminal at Northwest Florida’s New International Airport Panama City, FL (October 8, 2008) – The Panama City – Bay County International Airport Authority has approved the design and construction of the terminal building at its new airport now under construction in West Bay. The new terminal design includes several improvements and cost saving measures planned to keep the project on budget. At the request of the Airport Authority Board, the general contractor, Walbridge, worked with the airport’s architect (HNTB), engineer (PBS&J) and construction manager (KBR) to identify cost savings in order to bring the cost of the terminal building within budget. Through value-engineering, the construction team was successful in lowering the cost by $9.8 million to $58.8 million. The new terminal will be 125,000 square feet and have 7 gates. The airport aims to have the first LEED certified Terminal Building in the nation, with a state-of-the art storm water management system, extensive use of sustainable materials and a landscaping plan that will not require supplemental irrigation. “From the beginning of this project we have been focused on two things. First, we want to build a world-class facility capable of serving our region for decades to come with more flights and lower fares. And second, we are closely managing this project to ensure our community gets the best value for every dollar we spend,” said Joe Tannehill, Airport Authority chairman. “We challenged the decision team to identify cost savings while improving the overall design of the terminal. I’m proud to say they delivered,” said Tannehill. Last month, the Airport Authority announced its intentions to construct a 10,000-foot main runway, subject to obtaining necessary permits and approvals. The Authority also had approved a thicker runway and centerline lighting to accommodate a 10,000 foot runway. Construction of the $318 million state-of-the-art airport began in January 2008 and is now nearly three months ahead of schedule. The runway has been graded and paving is scheduled to begin in early October, four months ahead of schedule. The new commercial airport, the first built in the United States since the mid-1990s, is scheduled to open in May 2010. Media Contact:Randy Curtis, Executive DirectorPanama City – Bay County International Airport850-763-6751 Construction Update - 10/7/08 by NewPFN on October 8, 2008 Airport Construction UpdateOctober 7, 2008 Construction of the airport continues to proceed several months ahead of schedule with nearly 45% of the heavy civil construction portion of the job complete with only 35% of the time used. The project is still about 3 months ahead of schedule. There are currently 203 workers and 138 pieces of equipment on site. Asphalt paving on Taxiway D is started on Monday, October 6, 2008. Asphalt paving on the north end of Runway 34-16 is expected to begin on Thursday, October 9, 2008. The earthwork in the General Aviation area is 99% complete. The utility package for the airport property will be finished and released the beginning of the week of October 13, 2008. The mandatory pre-bid meeting for the utility package is scheduled for Wednesday, October 15, at 1:00 p.m. at the current airport. Bid packages are due to the Airport Authority Office by Friday, October 31, at 1:00 p.m. For More Information on the New Airport, please visit www.newpcairport.com Terms: This is a CASH purchase for the entire 200 acres. This transaction will be handled as per FLORIDA Real Estate Laws. An earnest money amount of $10,000.00 is required immediately upon winning of the auction. The balance of the purchase price will be due at closing. A purchase agreement will be prepared by a licensed FLORIDA Realtor and signed by both Buyer and Seller. All terms will be agreed upon - in writing - by both Buyer and Seller - and all documents made available for review prior to closing. All closing documents will be recorded with the County Recorder as per Florida State Law to protect both Buyer and Seller. Important Note! If you have questions that will determine whether or not you wish to purchase this lot, please ask them BEFORE you bid. All information included in this listing has come from reliable sources and is accurate to the best of our knowledge. We do not make any warranties expressed or implied as to the condition regarding the soil conditions, drainages, buildability or accessibility regarding the property. We do guarantee free and clear title with no liens or encumbrances. All properties are sold “as-is”. Prospective purchasers are required to perform all due diligence prior bidding, by bidding you acknowledge and agree that you have done all your due diligence on the property. Thank you for your serious consideration. **** LOCATION - LOCATION - TIMING **** Note: The last 2 pictures (lakes + ranch) arenot the property for sale, but are within the same area.
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