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.
Listed By
Agency Name: Salty Marlin Realty
Shown By
Agency Title: Beachy Beach Real Estate
Agency Phone: 850-233-4351
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2911 E 5th Court, Panama City, FL 32401.
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2911 E 5th Court, Panama City, FL 32401.
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2911 E 5th Court | MLS# 989803
This land located at 2911 E 5th Court, Panama City, FL 32401 is currently listed for sale with an asking price of $265,000. The property has approximately 0.69 Acres. Search Panama City real estate on www.beachybeach.com today.