FL > Panama City
Panama City, FL 320401,W 12th St
Panama City, FL 320401,W 12th St
Panama City, FL 320401,W 12th St
5
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$780,000
Est. payment /mo
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5.11 Acres Lot
Active

W 12th St Panama City, FL 320401

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Sammy Hernandez

Sammy Hernandez

+1(786) 203-8671

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Key Details

Property Type Vacant Land

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

MLS Listing ID A11837641

HOA Y/N No

Annual Tax Amount $6,650

Tax Year 2024

Lot Size 5.110 Acres

Acres 5.11

Lot Dimensions 450x495

Property Sub-Type Multi Family

Property Description

Exceptional development opportunity in Panama City, Florida! This 5.11-acre MU-2 zoned property offers the potential to build up to 51 multifamily units by right, with additional density possible under Florida's Live Local Act.
The site features paved road frontage on W 12th Street, utilities nearby, and close proximity to W 15th Street, the area's main commercial corridor with shopping, schools, and public transportation.
Environmental and geotechnical studies are complete, showing no recognized environmental concerns. Existing natural pond and wetlands delineated for future planning.
Please contact the listing agent for full Offering Memorandum, survey, Phase I ESA, and other due diligence files.

Location

State FL

County Bay

Area 5940 Florida Other

Exterior

Utilities Available None, Other, Sewer Not Available

Street Surface Paved

Private Pool Yes

Building

Lot Description 5-10 Acres

Sewer None, Other

Water Lake, Public, Other

Others

Tax ID 18663-000-000

Ownership Corporation

Acceptable Financing Cash, Conventional, Investor Financing

Listing Terms Cash, Conventional, Investor Financing

Virtual Tour https://www.propertypanorama.com/instaview/mia/A11837641

Miami Association of Realtors (SEFMIAMI MLS)
Listed by United Realty Group Inc
Sammy Hernandez

+1(786) 203-8671

sammysellsmiami@gmail.com

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W 12th St

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