Link Copied
Listed price in listed location currency (USD).
$275,000

000

MLS® 989803

  • Key Facts
  • Description
  • Map

Key Facts

Type Unimproved Land
Levels Land
Size -
Garage No
Taxes 
Days Active 82
Lot Size 0.69 acres
Approx. Age 
MLS® Number 989803

Property Address: 2911 E 5th Ct, Panama City, FL, 32401-5213

Average square foot calculated using Size range provided by listing agent.

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.
MLS® Number989803
Laundry Level
Central VacNo
FireplaceNo
Acreage0.69
Exterior
GarageNo
Approx. Age
Basement
Driveway
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Nov 17, 2025List Date
$275,000List Price
  • Commute

Commute

Starting Address
Destination Address
2911 E 5 Th Ct, Panama City, FL

Like what you see?

Complete the form and we'll be in touch. No login necessary.

Add a Comment
Loading...

Similar Listings

Comparable Properties