With the recent run-up in real estate prices, Pinecrest Retreat represents a hard-to-find investment that packs a lot of value into its 305 acres. Whether you’re a timberland investor, recreational buyer, or someone who simply recognizes the incredible growth and appreciation possibilities in Florida, this is a property worthy of serious consideration. Located within the Bay County community of Fountain, Pinecrest Retreat is a quick 15-minute drive north of Panama City’s city limits via U.S. Highway 231.
With the exception of 34 acres of mature pines, the bulk of timber harvesting cash flows will come in the near future from 166 acres of slash pines that were planted in 2010. Importantly, three components serve to enhance the financial returns of Pinecrest Retreat.
Financial factors aside, Pinecrest Retreat serves as a convenient getaway – whether it be for hunting, ATV riding, or just relaxation. Combined with a location near city amenities and some of the world’s most famous and beautiful beaches, it’s a compelling story. The convenience of reaching the property when traveling from longer distances is easy as well. The Northwest Florida Beaches International Airport (served by Delta, Southwest, and United Airlines) is only 29 miles away while Interstate 10 is reached just 23 miles to the north.