Bay County, FL · Sold

FL-273939

1462 County Road 24

$106,300

$13,611/ac · 7.81 ac

Offer report Market this tract

Acreage7.81 ac

Price per acre$13,611/ac

ZoningMixed Use

Road accessPaved

UtilitiesPower at road

TopographyMixed

ListedAug 26, 2025

Coordinates30.2230, -85.5248

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County GIS boundary

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County market

Bay County, Florida. Rural interior counties absorbing metro overflow; the country's hottest lot market.

View Bay market data →

Step 1 · Is this a deal?

Due diligence

3 items to verify before you offer.

Risk index

Low risk

Wetlands13.3% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope7.5%

Gentle grade, straightforward to develop.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessDeeded frontage

344 ft of deeded road frontage.

Power154 ft away

Power at or near the road.

Buildable area6.43 of 7.81 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate

$127,292

$105,914 – $148,670 · $16,299/ac on 7.81 ac

Asking vs estimate

-16.5%

Priced below the comp set

Weighted from 10 recorded sales, adjusted for tract size, access, utilities and time since sale. Range width reflects dispersion across the comp set.

AI deal brief

Comps, diligence flags, an offer number and what to ask the seller.

Offer calculatorAsking $106,300

Acres

Resale ($/ac)

Target margin (%)

Hold (months)

Closing (%)

Carry (%/yr)

Selling costs (%)

Your offer

Maximum allowable offer

$72,738

$9,313/ac · +30.0% target margin

You need $33,562 off asking to hit this margin.

All-in cost$78,921

Net resale$117,109

Projected profit$38,188

ROI+48.4%

Annualized+69.3%

Break-even resale$10,984/ac

Profit if resale lands off target

-20%

$14,766

-10%

$26,477

$38,188

+10%

$49,899

+20%

$61,610

Comparable sales10 matches

Parcel	Acres	Sold	Price	$/ac	Adj $/ac	Dist	Match
FL-463952 Gravel · Power at road	7.9	Jul 27, 2026	$133,000	16,875	19,969	10.8 mi	84
FL-674205 Paved · Power at road	9.5	Nov 28, 2025	$116,200	12,273	12,816	4.1 mi	82
FL-223739 Dirt · Power at road	6.8	Apr 10, 2026	$81,700	12,111	16,708	9.6 mi	79
FL-903588 Paved · Off grid	6.0	Apr 23, 2026	$86,000	14,213	16,684	10.6 mi	78
FL-243901 Paved · Full utilities	7.6	Jul 17, 2024	$178,700	23,540	20,942	3.8 mi	77
FL-244914 Gravel · Off grid	15.8	Jan 21, 2026	$170,000	10,747	16,243	3.2 mi	76
FL-444538 Paved · Off grid	12.1	Aug 20, 2025	$126,800	10,521	13,337	6.1 mi	73
FL-904416 Dirt · Off grid	11.0	Aug 21, 2024	$78,500	7,121	12,783	1.7 mi	71
FL-185461 Gravel · Full utilities	23.5	Jan 1, 2026	$381,100	16,210	17,977	2.0 mi	67
FL-215316 Paved · Off grid	21.2	Jan 25, 2025	$229,100	10,823	14,943	2.9 mi	65

Show adjustment detail for the top comp

Access (Gravel → Paved)+18.0%

Step 3 · Market it

Turn this underwriting into a listing

Generate a comp-priced headline, listing description, land-group post and cash-buyer email for this tract — then post it to the investor marketplace.

Build the listing kit Post a deal or JV