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2911 5th Court E, Panama City 32401 (Active)
Listing Information
| Property Type: Vacant Land |
| MLS #: | 989803 | Price: | $299,000.00 | Year Built: | Not available | Square Feet: | Not available | Bedrooms: | Not available | Bathrooms: | Not available |
| HOA Fees: | Not available | Lot Size: | 0.69 acres | Lot Dimensions: | 300*100 |
Subdivision: No Recorded Subdivision
Description:
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.
Photos
Features
Utilities: Public Sewer
Schools
| Elementary School: | Cedar Grove | Middle School: | Rutherford ( Middle ) | High School: | Rutherford |
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This listing provided courtesy of Salty Marlin Realty.
This information was last updated on 11/17/2025 10:05:32 PM.
All information in this listing is approximate. Buyers are expected to verify any specific information prior to signing any contract. Neither Brandon Jordan, ERA American Real Estate, ECAR, nor any other Realtor is liable for any inaccuracies herein.
All listings are provided courtesy of the Emerald Coast Association of Realtors, copyright 2025. All rights reserved.
