11740 Poston Road, Panama City

Subject offering consists of 182 undeveloped lots within the East Bay Plat. A part of the East Bay plat with 321 total lots, it is located on Cook's Bayou with deepwater access to St. Andrew's Bay, the Intracoastal Waterway and the Gulf of Mexico and just 10 minutes from Super Walmart, 20 minutes from Tyndall Air Force Base. All lots have had $5,502 in W & S impact fees pre-paid. Available separately are 7 remaining finished lots from Phase 1, a 6 acre marina site on Cooks Bayou with a 3,300 SF Cedar sided Club House, and a 2.72 acre marina/boat storage site. The City of Callaway is poised for future growth with Eastern Shipbuilding getting the largest Coast Guard Cutter building contract in Coast Guard history, expanded missions for Tyndall AFB and Gulf Coast Parkway being built just East of the Subject Property in order to re-route Hwy 98 traffic around Tyndall AFB.