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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 17, 2025

Updated Aug 15

Prime investment opportunity: six cleared and buildable lots ready for immediate development. This 30,000-sqft parcel offers a 100-ft depth and an impressive 300-ft frontage, allowing six individual 50' x 100' lots. The property is already rezoned, and the city confirms no subdivision conversion is required—simply install a front culvert for drainage. With local homes recently selling around $255K and build costs for a 1,200-sqft home averaging $110K-$130K, each project offers strong equity and compelling ROI. Multiply that potential by six and the profit becomes undeniable. The land also supports alternative strategies, including three duplexes for long-term cash flow or resale. Don't miss this versatile, high-return opportunity.

Additional information

MLS® ID
989803

Exterior Features

Lot Size
0.69 Acres

Also listed on BCMLS

MLS provider logo

Courtesy of Salty Marlin Realty, 
Listing Contact: 954-330-3095 

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