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$8,000,000
754214 MLS
LOCATION! LOCATION! LOCATION! Discover an exceptional opportunity with this 16.53-acre parcel situated at 401 N Kimbrel Avenue in the dynamic and developing Panama City, Florida. Boasting a prime location that is conveniently close to educational institutions, recreational areas, and vital employment hubs, including Tyndall Air Force Base, this site is ideal for developers looking to respond to the city's current and future housing needs. The property offers ample space for a significant multi-family residential project, with zoning classification R5-A, which allows for the construction of up to 25 residences per acre. The max allowable units in this location is 413. We are excited to welcome investors to the market for a development-ready project after Seller has completed the initial work and preparation. The potentially 400 door multifamily development has been cleared. The 16.5 acre parcel is situated along the major thoroughfare in the area, Highway22 and also connects to the main artery of the Bay County, Highway 98. All pre-development work and permits have been issued. The property is within a 30-minute drive to the sugary sands of the Panama City, Beach and offers various ecotourism opportunities. In a quick 15 minute drive, you will arrive to the revitalized Downtown Panama City, with its walkable shopping and waterfront dining venues. It lies within a strategic locale and is well-positioned outside the flood zone, making it a valuable find for a visionary development tailored to accommodate the influx of professionals and their households. This offering is a cornerstone opportunity to contribute to the area's resurgence with a development that captures the spirit of growth. This versatile plot stands ready for a transformative development that will cater to both civilian and military families, contributing to the rejuvenation of the community. Capitalize on the opportunities of Panama City by investing in a property that offers promising growth and profits. Buyers are encouraged to submit offers as they seek updated zoning to address their needs.

401 N Kimbrel Avenue, Panama City

$85,000
756257 MLS
Welcome to your future dream home site! This spacious 0.688-acre lot is the canvas for your vision of the perfect home. Located less than 6 miles from Tyndall Air Force Base, this prime location offers an easy, approximately 10-minute commute for military personnel or anyone working on the base. Convenience is key, with Downtown Panama City just a short drive of approximately 5 miles away. You'll love the proximity to shopping and restaurants, making errands and dining out a breeze. Plus, with Under the Oaks Park just 1.5 miles away, you'll have the perfect spot for outdoor recreation and relaxation with views of beautiful St. Andrews Bay. Don't miss this opportunity to make your dream home a reality in this fantastic location! Call a REALTOR today to schedule a private stie tour. If important, please verify all information and measurements.

1046 S Katherine Avenue, Panama City

$114,000
775798 MLS
Prime Commercial Opportunity Near Watson Bayou - Cleared Corner Lot in Central Millville Business District Strategically situated at a busy intersection with dual road frontage, the site benefits from excellent accessibility and exposure, boasting a high daily traffic count of 21,500 vehicles (FDOT, 2017). This makes it an ideal location for businesses seeking maximum visibility and customer convenience. Discover the potential of this high-visibility corner parcel located in the heart of the revitalizing Millville Community of Panama City, just steps from the scenic Watson Bayou. Positioned within the Central Millville Business District and zoned General Commercial (GC-2), this cleared property offers unmatched flexibility for a wide range of commercial ventures retail, office, service industry, mixed-use development, and more. Whether you're an investor, developer, or business owner, this property presents a rare opportunity to establish a presence in an area poised for growth, with easy access to Downtown Panama City, major transportation routes, and waterfront attractions. Key Features: Zoned GC-2 - broad commercial use allowances High-traffic corner parcel with superior visibility Cleared and ready for development Two road access points for optimal traffic flow. Close proximity to Watson Bayou and Downtown Panama City Located within a designated business district, fostering economic development This is more than just a parcel it's a platform for your next successful venture.

425 Maine Avenue, Panama City

$225,000
776419 MLS
A spectacular deep water homesite in the desirable Laird Point! A massive 138ft on the water and excellent year-round water depths. Can easily accommodate large cruisers and fishing vessels. Only s short boat dock is needed. No low bridges to block your path to the Gulf of Mexico and several full-service marinas in route for fuel and ice. At .381 of an acre, there is plenty of space to build your dream home. A nice open water view from this lot. No preset time to build so you can lock in your spot now and build when the time is right. Laird Point is gated waterfront peninsula offering ribbon curbed streets and underground city utilities. Amenities include RV/Boat storage, a tennis court, a pickleball court, and a basketball court. A beautiful community with custom home throughout. Private and off the beaten path, but still great proximity to Panama City Beach and Mexico Beach.

1101 Mizzen, Panama City

$134,000
775220 MLS
Prime Mixed-Use Lot | 0.95 AC Near New City Hall. Unlock the massive potential of this versatile, high-visibility 0.955-acre lot, perfectly positioned near the brand-new Springfield Government Complex and City Hall! Boasting premium Commercial Mixed-Use zoning, this property offers rare development flexibility for savvy investors, builders, or business owners. Dual Street Access & High Functionality: Seamless Traffic Flow: Premium frontage on 11th Street with highly functional rear access from Wave Avenue--perfect for easy commercial deliveries, customer parking, or private residential entry. Ultimate Versatility: Maximize your return! Build your custom dream home on the quiet back portion and run your business out of the front. Endless Possibilities: Fully approved for Boat/RV storage, retail storefronts, modern office spaces, or multi-use commercial structures. The Location & Infrastructure Advantage: Ready to Connect: Steps away from expanding city infrastructure in a high-growth sector. Direct Broker/Owner Sale: Sold strictly As-Is, ensuring a direct and transparent buying process. Bring Your Vision: Tap into the city's future growth boom--consult with the City Hall planning department to finalize your custom blueprints! Don't let this prime commercial footprint pass you by. Submit your offer today and secure your stake in a booming district!

3905 E 11th Street, Panama City

$1,850,000
759811 MLS
Great Location off Business Highway 98 with road and water frontage. This Commercial Waterfront parcel Zoned GC-2 fronts Watson Bayou and sits next to the exclusive Watson Landings Marina for your boating needs. New 14 wet slips and custom lifts recently added with power and water to each slip. Hydraulic lifts on slips. More slips can be added going through the proper channels. Can accommodate plus 40 foot boat. All utilities in place with city sewer and water, as there used to be a dwelling on the premises prior to Hurricane. Land has a seawall (250 ft) in place and a 136 foot long boat Dock (deep water access), to include over 250 feet of waterfront. Excellent location and land size to build a storage facility, Retail, multi family or single-family homes as it is zoned Commercial and Mixed Use. Easy water access to Gulf with upscale marina next door for your boat fuel, storage and goods. New City Public Boat Ramp in close vicinity. Will seller finance if needed. Zoned Special Needs with tax incentives.

1524 E 5th, Business 98 Street, Panama City

$449,000
761477 MLS
PRICE REDUCTION on this beautiful piece of property near downtown Panama City! PRICE includes bonus lot on Harmon Ave. 612 McKenzie Ave is a large valuable commercial investment property located inside the downtown district of Panama City. Zoned commercial DTD, which aligns with the vision of redevelopment and vitality in the downtown area and allows for many different commercial or residential uses. Per planning and zoning, but verify with Leslie, DTD zoning allows for a maximum density of 30 units per acre. The property appraiser website shows that the acreage is 0.701. This would allow for a maximum of 21 units. If you are an investor looking to invest in the growth of the downtown district this property can be developed and used as single or multi-family structures, bars and restaurants, professional offices, open air retail space, cafes and lounges, and specialty food stores to name a few of the choices that encourage and promote economic growth in the City. This property is also located in an 'Opportunity Zone- which allows for favorable federal tax capital gains treatment.' Location is the key for this oversized lot as it is perfectly situated close to the hub of Panama City. This .70-acre piece of property is strategically situated near the corner of 6th Street and McKenzie Ave. The revitalization that is currently taking place around this land makes it most desirable. Current growth within the proximity of 612 McKenzie Blvd includes some very favorable developments. Invest in the future of Downtown Panama City by acquiring this property as a commodity to be converted into cash flows and future wealth for your business. Check out this valuable piece of property and invest in the future growth of Panama City!

612 McKenzie Avenue, Panama City

$618,000
774978 MLS
This exceptional waterfront property on East Bay offers approximately 103 acres, subdivided from a total parcel of 307 acres. The seller is providing an opportunity for you to acquire a substantial piece of land where you can construct your dream home with deep water access on East Bay, situated across from Tyndall and adjacent to the intercoastal waterway. This expansive home site allows for multiple possibilities: you could build several residences to create a family compound. The property is suitable for living the great outdoor life; create walking trails, ride 4 wheelers, have your own horse farm with plenty of room to ride, grow your own vegetable and herb gardens, raise chickens and other farm animals. It also holds great potential for a corporate retreat, imagine water sports, hiking, bonfires, hunting or shooting range, outdoor pavilions, and individual cabins. There is so much you can do on 100+ acres. The site boasts between 850 to 1000 feet of waterfront frontage and over 800 feet of road frontage giving you plenty of privacy. Currently, the land features planted pines, some hardwood trees, and abundant wildlife. Enthusiasts will find exceptional fishing opportunities and various water sports right at their doorstep. Additionally, it is common to spot dolphins swimming in the bay in front of the property. Zoning is Bay County CSVH - Conservation Habitation. Zoning uses are attached in documents.

Parcel 3 Allanton Road, Panama City