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2911 E 5th Court
Panama City, FL 32401

$265,000 - Status: Active
Bed Icon Beds: 0
Bath Icon Baths: 0
MLS Icon MLS# 989803

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.

Property Features

MLS#: 989803
Zip: 32401
Subdivision: No Recorded Subdivision
Development: 27 - Bay County
Property Type: Land - Residential
Days on Site: 213
Lot Size: 0.69 acres

Feature Descriptions

Financing Terms: Bond Money Available, Conventional, FHA, VA
Lot Dimensions: 300*100
Parcel Number: 23280-000-000
Sewer: Public Sewer
Sub Type: Vacant Land

Local Schools

High School: Rutherford
Middle School: Rutherford ( Middle )
Elementary School: Cedar Grove

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.

Listed By / Shown By

Listed By

Agency Name: Salty Marlin Realty

Shown By

Agency Title: Beachy Beach Real Estate
Agency Phone: 850-233-4351

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