Mixed-Use Land for Sale in Panama City, Florida

3500 A St Panama City, FL 32404

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$700,000
23.44 acres
Active sale agoEst $5,313/mo

Prime Development Opportunity in Panama City, FLDiscover a unique investment opportunity with this expansive 22+ acre parcel of R-5 zoned land, perfect for a variety of multi-family developments. Nestled in the heart of Panama City, this property includes an additional parcel (Parcel ID: 11902-000-000), offering even more potential for visionary developers and investors.The R-5 zoning allows for a wide range of multi-family development options, including apartments, townhomes, and condominiums. Positioned near North Bay Haven Charter Academy, this property is perfect for families seeking proximity to quality education. Additionally, the nearby new Publix enhances the convenience and appeal of the area, making it a desirable place to live.With the growing demand for multi-family housing in Panama City, this property offers substantial investment potential. The expansive acreage provides ample space for a large-scale development, catering to the housing needs of a burgeoning population. Utilities are easily accessible, supporting large-scale residential development.This 22+ acre property represents an exceptional opportunity to capitalize on the thriving real estate market in Panama City. Its strategic location, versatile zoning, and proximity to key amenities make it an ideal choice for developers and investors aiming to create a significant impact in the housing sector.

Directions

North on 231 take a right onto A Street.

Property details

Coordinates
30.2126, -85.6
Elevation
10 feet
MLS Number
BCAR 757852
Date Posted

Legal description

Parcels

  • 11907-000-000

Property taxes

2023
$976

This 23.44-acre property is located at 3500 A St in Panama City, FL 32404 with latitude 30.2126 and longitude -85.6. The property is currently available for sale for $700,000 with a price per acre of $29,863. Listing data is sourced from Central Panhandle Association of Realtors # 757852.

Verify sale details at the property source or contact eXp Realty at (888) 883-8509.

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Copyright (C) 2024 Central Panhandle Association of REALTORS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Updated . Checked 1 hour ago. Parcel data by Regrid.

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