Panama City, FL 32401
Property Inquiry
Contact Ramone Silvera about this property!
Property Details
Prime investment opportunity: six cleared and buildable lots ready for immediate development. This 30,000-sqft parcel offers a 100-ft depth and an impressive 300-ft frontage, allowing six individual 50' x 100' lots. The property is already rezoned, and the city confirms no subdivision conversion is required--simply install a front culvert for drainage. With local homes recently selling around $255K and build costs for a 1,200-sqft home averaging $110K-$130K, each project offers strong equity and compelling ROI. Multiply that potential by six and the profit becomes undeniable. The land also supports alternative strategies, including three duplexes for long-term cash flow or resale. Don't miss this versatile, high-return opportunity.
| COUNTY | Bay |
| SUBDIVISION | NO RECORDED SUBDIVISION |
| PARCEL ID | 23280-000-000 |
| TYPE | Vacant Land |
| STYLE | N/A |
| ACREAGE | 1 |
| LOT ACCESS | N/A |
| LOT SIZE | 300*100 |
| HOA INCLUDE | N/A |
| HOA FEE | N/A |
| UTILITIES | Public Sewer |
| PROJECT FACILITIES | N/A |
| ZONING | See Remarks |
| PARKING FEATURES | N/A |
| APPLIANCES | N/A |
| ENERGY | N/A |
| INTERIOR | N/A |
| EXTERIOR | N/A |
| ROOM DIMENSIONS | N/A |
Schools
Location & Map
To reach 2911 E 5th Court, Panama City, FL 32401, from downtown Panama City near the Bay County Courthouse, head east on E 23rd Street toward N Watterson Avenue, continue on E 23rd Street until you reach the Millville neighborhood, then turn right onto E 5th Court and continue until you arrive at the property on the right.