2911 e 5th court

Panama City, FL 32401

$264,000

0.68 AC LOT
Land - Vacant Land
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Acreage 0.69
Status Active
MLS # 989803
County Bay
More Info
Category Land - Vacant Land
Status Active
Acreage 0.69
MLS # 989803
County Bay
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.
Location not available
Listing
Street
Satellite

Exterior Features

  • Construction Single Family
  • Garage No
  • Sewer Public Sewer
  • Lot Dimensions 300*100

Neighborhood & Schools

  • Subdivision NO RECORDED SUBDIVISION
  • Elementary School Cedar Grove
  • Middle School Rutherford ( Middle )
  • High School Rutherford

Financial Information

  • Parcel ID 23280-000-000

Additional Services

Internet Service Providers

Listing Information

Listing Provided Courtesy of Salty Marlin Realty
Emerald Coast Association of REALTORS
Listing data is current as of 08/09/2026.

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