0 Baths
$250,000
2911 E 5th Court, Panama City FL, 32401
Price per sqft$8.32
Lot size0.69 Acres
Property typeLand
Overview
Active
Listed Nov 14, 2025
Updated Aug 14
Prime Investment Opportunity: Seven Buildable Lots that's already CLEARED!!
Unlock the potential of this amazing 30,000 sqft (0.68-acre) parcel, perfectly positioned for immediate development!
The lot is a 100ft deep and has an impressive 300ft frontage, making it an ideal site for seven (7) individual 40' x 100' buildable lots. The best part is the lot is already zoned NEIGHBORHOOD RESIDENTIAL and per the city you could convert it to a minor subdivision, which doesn't take long!! Just $500 bucks to start the process and $50 per new addresses. That's a win-win situation for you!!
The best part about this opportunity is the ROI, the average homes in that area sold in the past few months were about 255k. The average cost to build a 1200sqft house is 110k-130k. That leaves a lot of equity built into each home!! Now, do the math and times that by 7! Wouldn't you say that's worth it?
Also, because the property has exceptional versatility, another option could be to build 3-Duplex units and cash flow or resell. ''The world is your oyster'' on this one.
Don't miss your chance to secure a strategic cash flow opportunity.
Additional information
- MLS® ID
- 781653
Exterior Features
- Lot Size
- 0.69 Acres
Other Property Details
- Taxes
- $1,097
- Tax Frequency
- Annually
Courtesy of Salty Marlin Realty LLC, Ramone C Silvera,
Listing Contact: 954-330-3095
All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Local Insight Realty shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.
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