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MLS# 782967
Status: Active
1009, 1005 E 24th Plaza
Panama City, FL 32405 $220000.00
County: Bay
Area: 02 - Bay County - Central
Subdivision: No Named Subdivision
Acreage: 1.95
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(850) 303-4050 |
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DEVELOPMENT OPPORTUNITY to acquire two adjoining parcels being sold together, offering flexibility for a variety of development strategies. With zoning that allows up to 5 dwelling units per acre across both parcels, this property presents a strong play for builders, developers, and investors alike.Whether your vision is single-family residences, townhomes, or a small multifamily project, this site provides the density and layout to bring it to life. The combined acreage allows for thoughtful site planning, efficient use of space, and multiple exit strategies depending on market demand.Located in an area experiencing continued growth and demand, this property is well-suited for those looking to capitalize on a scalable development opportunity. Utilities nearby (buyer to verify), favorable zoning, and the ability to develop multiple units make this an ideal addition to any development pipeline.Opportunities like this--where flexibility meets density--are becoming increasingly hard to find. Bring your plans, your architect, and your vision.Buyer to verify zoning, density, and development feasibility with County and in their own due diligence.
| List Date: | December 26, 2025 |
| List Price/Acre: | 112820.51 |
| Sub Area: | 0201 - Bay - Central NE |
| Community/Resort: | None |
| Waterfront: | No |
| Last Taxes: | 1186.00 |
| Last Tax Year: | 2024 |
| Parcel ID: | 12931-000-000 |
| Elementary School: | Hiland Park |
| Middle School: | Mowat |
| High School: | Bay |
| HOA Fee: | No |
| Days On Market: | 70 |
| Cumulative DOM: | 70 |