Unique Investment Opportunity
160 Acres of Prime Developable Land
Immediately Adjacent to Major NRPI Project
Ever-flowing springs flow from high on this beautifully wooded property and could fill a cascade of pristine lakes with perfectly clear water over sugar-white sandy bottoms.
This acreage is located roughly 20 miles north of Panama City, Florida, 12 miles south of Chipley, Florida, and 15 miles from the Panama City international airport soon to be constructed. Near by are amenities that range from some of the most beautiful beaches in the world to multiple golf courses, a nature preserve dedicated to timber wolves, and Florida's highest waterfall (go here for more area information).
This property immediately adjoins a major new development by National Recreational Properties, Inc., on its northern and western borders. The infrastructure expenses for this NRPI development are to be funded by a $126 million "Special District" bond issue. This property's current land use designation is agricultural (silvaculture) so it is excluded from this Special District. When completed this new construction will bring paved roads, water, stormwater drains, etc., right to this property's edge. (See the "Specific Details" page below for more information.)
The area around Panama City Florida is developing rapidly because development is being very aggressively spearheaded by the St. Joe Land Company. The St. Joe Land Company is Florida's largest private land holder.
||Left is a topo map showing the lay of the property. The northeast portion is a spring-head which gives rise to Ten Mile Creek, a major source of water for Panama City. The water flowing from these springs is bountiful and beautifully clear, currently running over sugar white sand through the property.
For a better view of the property and environs please use Google Earth. When in Google earth just type the following coordinates into the "Fly to" box to take the viewer to the approximate northeast corner of the property.
30 34 03.4N, 85 29 09.0W
Please use the following links for more detailed information and a collection of photos taken on the property.