Panama City, FL 32405
MLS# 788670
Property DescriptionDevelopment opportunity in the Panama City/Cedar Groove Community area. Seller has infrastructure plans that are in place and seller is willing to share with new buyer. This includes: Road way access, Water and sewer systems, Storm drainage, Utilities layouts, Lot layouts plus easements. No construction has been started yet. Zoned R2
List Price/Acre: 201149.43
Status: Active
List Date: 2026-04-21
List Price: $350,000
Sub Area: 0201 - Bay - Central NE
Community/Resort: None
Waterfront: No
Elementary School: Cedar Grove
Middle School: Mowat
High School: Bay
Directions: From hwy.231: turn right on East Ave, then turn right on Sherman Ave. The property will be on the right about 1/3 of mile. From Tyndall Prkwy: turn right on Sherman Ave, go about 1/3 mile property will be on the left.
Area: 02 - Bay County - Central
County: Bay
Subdivision: Cedar Grove Pk
Legal Description: 34 3S 14W -62- 104D1 ST A B DEV CO PLAT COM NW COR LOT 52 TH E 659.60' FOR POB TH N 274.21' E 350' TO W R/W SHERMAN AVE TH SWLY 301.47' W 210.20' TO POB BEING PT OF LOT 46 ORB 4419 P 1003
Acreage: 1.74
Lot Size (SqFt): 75794
Lot Dimensions: TBD
Sub-Type: Residential Lots
HOA Fee: No
Brokerage Interest: No Interest
Remarks: Development opportunity in the Panama City/Cedar Groove Community area. Seller has infrastructure plans that are in place and seller is willing to share with new buyer. This includes: Road way access, Water and sewer systems, Storm drainage, Utilities layouts, Lot layouts plus easements. No construction has been started yet. Zoned R2
City Street: 1
Paved Road: 1
Financing: Cash; Conventional; FHA; VA
Lot Access: City Street; Paved Road
Present Zoning: Resid Multi-Family
Listing Office: Legacy Premier Agency
Last Updated: July - 08 - 2026
Information deemed reliable but not guaranteed.