2911 E 5th CT, Panama City, FL 32401
2911 E 5th CT, Panama City, FL 32401
2911 E 5th CT, Panama City, FL 32401
9
See all 9 photos
$265,000
Est. payment /mo
Save
30,056 SqFt
Active

2911 E 5th CT Panama City, FL 32401

Save
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your advisor will contact you to discuss available opportunities.

UPDATED:

Key Details

Property Type Vacant Land

Sub Type Vacant Land

Listing Status Active

Purchase Type For Sale

Square Footage 30,056 sqft

Price per Sqft $8

Subdivision No Recorded Subdivision

MLS Listing ID 989803

Lot Size 0.690 Acres

Acres 0.69

Lot Dimensions 300*100

Property Sub-Type Vacant Land

Source Emerald Coast Association of REALTORS®

Property 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.

Location

State FL

County Bay

Area 27 - Bay County

Direction To reach 2911 E 5th Court, Panama City, FL 32401, from downtown Panama City near the Bay County Courthouse, head east on E 23rd Street toward N Watterson Avenue, continue on E 23rd Street until you reach the Millville neighborhood, then turn right onto E 5th Court and continue until you arrive at the property on the right.

Exterior

Garage No

Building

Faces To reach 2911 E 5th Court, Panama City, FL 32401, from downtown Panama City near the Bay County Courthouse, head east on E 23rd Street toward N Watterson Avenue, continue on E 23rd Street until you reach the Millville neighborhood, then turn right onto E 5th Court and continue until you arrive at the property on the right.

Sewer Public Sewer

Schools

Elementary Schools Cedar Grove

Middle Schools Rutherford ( Middle )

High Schools Rutherford

Others

Pets Allowed No

Tax ID 23280-000-000


 Emerald Coast MLS - IDX
Listed by Ramone C Silvera Salty Marlin Realty

NEARBY SCHOOL & BUSINESS

GET MORE INFORMATION

Brian Burgett

Brian Burgett

Broker | License ID: e30470

+1(515) 473-0962

Name
Phone*
Message

Go tour this home

2911 E 5th CT