160 acres near Deerpoint Lake in Panama City, FL

General Information Price: $2,000,000 Address: TBD Lots in Phase I and II Acreage: 160 acres City / State / Zip: Panama City, FL 32401 House Size: n/a Bed / Bath: n/a Price per Acre: $12,500 per acre

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Description

INVESTMENT INVESTMENT INVESTMENT DEER POINT LAKE (Bay County): Looking for the chance to watch your money grow fast then invest it here. Deer Point Lake Dam separates North Bay from Deer Point Lake and is the source of the bulk of the county's drinking water. The Lake is 5,000-acres located 7 miles north of Panama City off US 231 and SR 77 at South port. Deer Point Lake is fed by natural freshwater streams and supplies more than 760 million gallons of fresh water daily to Panama City and the surrounding areas. The lake can be accessed by taking US 231 north from Panama City. 160 acres already has a developmental work order on it for residential development. Average price of lots range from $80,000 - $125,000. Property has 67 Phase I lots and 27 Phase II lots. Call today for more information. $2.6 million for all

Location Description: Near Deer Point Lake close to and Panama City Beach

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