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Land > Vacant Land / Residential
Active
05/22/2024
List Price
$700,000


Panama City, FL 32404

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    • -
      Bed
    • -
      Bath
    • -
      Living Area
    • 23.4
      ac
      Lot Size
    • -
      Pool
    • -
      Car
    • -
      Year Built
    • 150
      DOM
    • 3
      Permits
    This property in Panama City, FL 32404 is a vacant/residential land of 23.440 acres with 3 construction permits. This vacant / residential is currently on the market for $700,000, and it was last sold in 2021 for $550,000.

      MLS Description

      The listing agent's description. Original Listing

      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.

      Listing Agents

      The listing agent for is Justin Cater LLC.

        JC

        Justin Cater LLC

        EXP Realty LLC

        Phone: (888) 883-8509

      Permits

      has 3 permit records.

      Permit History
      3
      Permits

      Current Ownership

      Information about the current owner(s).

      • Taxes Billed

        Taxes billed in 2023$975.69
        From latest Total Assessed Value1.25%
        Total Assessed Value$77,915
        =
        Land
        Assessed Value        $77,915
        +
        Additions
        Assessed Value        $0

        • In 2023, taxes billed for null were $975.69, which is 1.25% from latest Total Assessed Value of $77,915.

      Property History

      null has undefined property events records (listings, deeds, permits, tax, foreclosure, loan).

      Property Events

      Environment

      Environmental factors around null

      • Hazard Risks

        Hurricane
        395
        Weather
        251
        Tornado
        135
        Nat'l Avg
        100
        Particulates
        95
        Ozone
        73
        Air Pollution
        73
        Carb Mono
        69
        Wind
        41
        Lead
        40
        Earthquake
        21
        Hail
        12

        • 12 hazards (Carbon Monoxide, Earthquake Risk, Hail Index, Tornado Index, Hurricane Index, Air Pollution Index, Ozone Index, Wind Index, Weather Risk, Lead Index, Particulate Matter, National Average) are above the national average around null.

        Walkability Index

        6 /20

        Car Dependent

        Most Walkable

        20-18

        Very Walkable

        17-15

        Somewhat Walkable

        14-10

        Car Dependent

        9-0

        This property has a walkability score of 6 out of 20, which means that it is in a car dependent area.

        Temperature

        Seasonal temperature sampled over multiple years

        Winter
        Average

        54 °F

        Low

        43°F

        High

        64°F

        Summer
        Average

        81 °F

        Low

        72°F

        High

        89°F

        In the winter at this property, temperatures range from 43.34°F to 64.47°F with an average of 53.91°F. In the summer, the temperature ranges from 72.09°F to 89.4°F with and average of 80.75°F.

      School Information

      Public/private schools serving null

        Public Schools

        Merritt Brown Middle School
        Grades: 6-8
        3.06  mi
        C-
        Cedar Grove Elementary School
        Grades: PK-5
        2.95  mi
        F
        Bay High School
        Grades: 9-12
        4.60  mi
        C-
        Bay Virtual Instruction Program
        Grades: KG-11
        5.35  mi
        Bay Virtual Franchise
        Grades: KG-12
        5.35  mi
        B-
        Bay Virtual Instruction (Course Offerings)
        Grades: 9-12
        5.35  mi
        * The school rating is based entirely on the test score performance of each school. It is based on a scale of A-F, A being best.

        Nearby public schools serving null have ratings undefined, undefined, undefined, undefined, undefined, and undefined.

      Neighborhood

      This property is located in 32404.

      • Region

        • Boundary map of 32404.

        Crime Index for 32404

        67

        Below national average
        67

        The crime index in 32404 is 67, which is 0.7 times lower than national average.

      • Seasonal Housing units 32404

        11%

        of housing is for seasonal rent.

        Daytime Population for 32404

        -25%

        of people during work hours.

      Market Trends

      Historical market data near null over selected time period.

      Copyright © 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.

      Nearby Properties on

      USAFLBay CountyPanama City