Sand Dollar Estates Real Estate

Sand Dollar Estates Real Estate

Welcome to Sand Dollar Estates, a hidden gem nestled in the heart of Bay County, Florida. This charming subdivision offers a unique blend of coastal living and vibrant community spirit, making it an ideal place for families, retirees, and anyone looking to enjoy the Sunshine State's warm climate and breathtaking scenery.

Sand Dollar Estates is conveniently located just minutes away from the pristine beaches of the Gulf of Mexico, where residents can bask in the sun, swim in crystal-clear waters, or take leisurely strolls along the shore. The area is known for its friendly atmosphere, where neighbors become friends and community events foster connections among residents.

This delightful subdivision features a variety of well-designed homes, each reflecting the coastal aesthetic that Florida is famous for. With spacious lots and lush landscaping, Sand Dollar Estates offers a serene environment that encourages outdoor living. Whether you prefer hosting summer barbecues in your backyard or enjoying quiet evenings on your porch, this community provides the perfect backdrop for creating lasting memories.

In addition to its picturesque surroundings, Sand Dollar Estates is conveniently located near shopping, dining, and recreational activities. Explore local boutiques, savor fresh seafood at nearby restaurants, or take advantage of the numerous parks and recreational facilities in the area. Families will appreciate the quality schools and safe neighborhoods that make this subdivision an attractive option for raising children.

Discover the charm of Sand Dollar Estates, where coastal living meets community warmth. Your dream home awaits in this idyllic Florida paradise!

Newest Listings in Sand Dollar Estates

$549,000
795231 MLS
ATTENTION FLORIDA INVESTORS & DEVELOPERS -- 3.69± ACRES NEAR THE BEACH, PIER PARK & PIRATES VOYAGE ATTENTION FLORIDA INVESTORS AND DEVELOPERS! Here is an opportunity to secure approximately 3.69 contiguous acres in one of Panama City Beach's quickly growing corridors--less than one mile from the beach and near Pier Park, Panama City Beach Parkway and Dolly Parton's Pirates Voyage Dinner & Show. Three adjoining parcels are being offered together for $549,000. The property has a Residential future land-use designation and current Bay County R-2 zoning, creating potential for a residential subdivision, townhome community or other residential development concept, subject to governmental approval and development requirements. Here are the numbers: recent nearby 0.07-acre residential lots sold for approximately $52,500 to $55,000, averaging about $53,333 per lot. At a conservative future retail value of $50,000 per finished lot, a conceptual 26-lot development would represent approximately $1.3 million in gross lot sales. A conceptual 31-lot development would represent approximately $1.55 million, while 36 lots could represent approximately $1.8 million in gross sales. These figures are illustrations only and are not representations of an approved lot count or guaranteed return. Actual yield and profitability will depend on zoning requirements, density, lot dimensions, access, roads, utilities, drainage, stormwater, wetlands, floodplain conditions, permitting and development expenses. Develop now or hold while continued residential, commercial and tourism investment expands throughout the Panama City Beach corridor. Large contiguous tracts this close to the Gulf and major attractions are increasingly difficult to find. Portions of the property appear to be within FEMA Flood Zone A. Buyers should complete independent due diligence and verify zoning, allowable density, flood designation, wetlands, utilities and suitability for their intended use.

641 Malaga Place, Panama City Beach

Listing courtesy of Performance Realty.

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