$469,000
Panama City, FL 32405
MLS# 789064
1 / 8
Property Description
Prime development opportunity in one of Panama City's most desirable coastal corridors. Conveniently located just minutes from Gulf Coast State College and Florida State University Panama City campus. This ±0.80-acre parcel offers exceptional potential for builders, developers, and investors looking to maximize returns in a high demand area. Positioned just across from the bay and surrounded by established homes, this property is ideally suited for subdivision into 4/5 residential lots or a custom smaller scale development. With its proximity to the bay, a multi story build may offer the opportunity for water views, adding long term value and appeal. With three sides of road frontage, access and layout flexibility make this site especially attractive for multiple build scenarios. Opportunities like this are hard to find. Motivated to sell! This location adds even more value, minutes from waterfront access, dining, shopping, and the continued growth of the Panama City market. Demand for new construction and short term rental opportunities in this area remains strong, making this a compelling play for both builders and long term investors.
Details
Maps
Contract Info
List Price/Acre: 586250
Status: Active
List Date: 2026-04-28
List Price: $469,000
Current Price: $469,000
Location
Sub Area: 0204 - Bay - Central NW
Community/Resort: Bayview Heights
Waterfront: No
Elementary School: Lucille Moore
Middle School: Jinks
High School: Bay
Directions: From Hwy 98, head north on Frankford Ave. Turn right onto 23rd St. Continue east, then turn right onto Mound Ave. Property will be on your right.
Street #: 2616
Street Name: Mound
Street Suffix: Avenue
Area: 02 - Bay County - Central
State: FL
Zip Code: 32405
County: Bay
Subdivision: Bayview Heights
Parcel ID: 27215-029-000
Legal Description: BAYVIEW HEIGHTS REPLAT MAP-79B LOTS 35 TO 46 INCLUSIVE BLK 8 ORB 4406 P 756
General Property Info
Acreage: 0.8
Lot Size (SqFt): 34848
Lot Dimensions: 150x 230
Sub-Type: Vacant Land
Listing Info, Tax & Legal
HOA Fee: No
Is Subject Leased: No
Last Taxes: 1636
Last Tax Year: 2025
Brokerage Interest: Ownership Interest - Listing Broker/Salesperson has ownership interest in the property.
As Is: Yes
Remarks & Misc
Remarks: Prime development opportunity in one of Panama City's most desirable coastal corridors. Conveniently located just minutes from Gulf Coast State College and Florida State University Panama City campus. This ±0.80-acre parcel offers exceptional potential for builders, developers, and investors looking to maximize returns in a high demand area. Positioned just across from the bay and surrounded by established homes, this property is ideally suited for subdivision into 4/5 residential lots or a custom smaller scale development. With its proximity to the bay, a multi story build may offer the opportunity for water views, adding long term value and appeal. With three sides of road frontage, access and layout flexibility make this site especially attractive for multiple build scenarios. Opportunities like this are hard to find. Motivated to sell! This location adds even more value, minutes from waterfront access, dining, shopping, and the continued growth of the Panama City market. Demand for new construction and short term rental opportunities in this area remains strong, making this a compelling play for both builders and long term investors.
Lot Features
Cleared: 1
Corner Lot: 1
Near Public Boat Ramp: 1
Within 1/2 Mile to Water: 1
Lot Access
County Road: 1
Paved Road: 1
Present Zoning
County: 1
Resid Single Family: 1
Utilities
Water Connected: 1
Property Features
Lot Access: County Road; Paved Road
Lot Features: Cleared; Corner Lot; Near Public Boat Ramp; Within 1/2 Mile to Water
Utilities: Water Connected
Present Zoning: County; Resid Single Family
Listing Office: Anchor Realty Florida
Last Updated: June - 03 - 2026
Information deemed reliable but not guaranteed.